Of affordability and housing cycles
KUALA LUMPUR (Sept 8): Guideline clarity, process transparency and constant engagement with relevant real estate stakeholders.
Formaldehyde kills, sickens Chinese tenants as demand for new homes soars
PETALING JAYA (Sept 7): High demand for housing in China has prompted newly-built or newly-renovated apartments to be put on the market before cancer-causing formaldehyde fumes have enough time to dissipate, reported the BBC.
Sentoria bags two terraced home contracts worth RM124.8m
KUALA LUMPUR (Aug 30): Property developer Sentoria Group Bhd has accepted two letters of awards worth a combined RM124.
Report Card, the first 100 days of the Pakatan Harapan govt
It is a tough one for the Pakatan Harapan government, trying to deliver the goods in the first 100 days.
Homestays are where the party's at
PETALING JAYA (August 24): Short-term accommodation rentals of homes in the Klang Valley are being pegged as the new venue of choice for raves, wild parties which may feature drug-use, loud music and alcohol consumption.
Developer cashflow squeezed by longer retention sum period for defect and liability repairs
PETALING JAYA (Aug 16): A 2015 amendment to the Housing Development (Control & Licensing) Act (HDA) in 2015 aimed at protecting home buyers is further strangling the cashflow of property developers whose sales are already slow, reported The Edge Malaysia.
LBS Bina to launch new Dengkil township in Sept or Oct
IJOK (August 18): LBS Bina Group Bhd will be launching a new township in Dengkil by September or October.
NWP aborts RM745m housing contract due to lack of progress
KUALA LUMPUR (Aug 10): NWP Holdings Bhd said today it has decided to abort a RM744.
Immigration Department to roll out e-visas for approved MM2H applicants by end-2018
PUTRAJAYA (August 9): The Immigration Department of Malaysia is expected to introduce e-visas for approved Malaysia My Second Home (MM2H) applicants by end-2018 to ease the traffic at immigration centres and reduce the processing time, said Ministry of Tourism, Arts and Culture Malaysia (Motac) head of department for the immigration unit of MM2H Ernee Shylla Mohtar.
MM2H approved applicants expected to reach 2,000 by year end
PUTRAJAYA (Aug 9): The Tourism, Arts and Culture Ministry (Motac) expects the number of approved applicants under the Malaysia My Second Home (MM2H) programme to be doubled by the end of the year from the current 1,009 approved aplicants as of June, said ministry secretary general Datuk Rashidi Hasbullah.
