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PETALING JAYA (Nov 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) President Datuk  Soam Heng Choon (pictured) has lauded the government’s initiative in introducing a new technology-based mechanism –property crowdfunding, to encourage homeownership.

PETALING JAYA (Nov 2): While the Real Property Gains Tax (RPGT) rate will be increased after the fifth year, industry experts believe it will not adversely impact the property market as the quantum of increase is rather minimal.

  PETALING JAYA (Nov 2): The government will allow the setting-up of property crowdfunding  platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng today.

PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.

KUALA LUMPUR (Nov 2): It might be wishful thinking to expect the government to be able to rein in fiscal deficit while generating decent economic growth in the upcoming budget, which will be tabled by the Finance Minister Lim Guan Eng at Parliament this afternoon.

PETALING JAYA (Nov 1): Following submission of MPs asset declaration forms, MACC has published details of the incomes of Pakatan Harapan and Parti Warisan Sabah lawmakers on its website.

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KUALA LUMPUR (Nov 1): Federal Territories Minister Khalid Abdul Samad today clarified that the Kuala Lumpur City Plan (KLCP) 2020 was gazetted without first being put on public display because the plan had already been implemented during the period of 2015-2020.

PETALING JAYA (Oct 31): The Malaysian Institute of Estate Agents (MIEA) supports the call for the creation of a separate board made by the Malaysian Institute of Professional Property Managers and Facility Managers (MIPFM) president Sarkunan Subramaniam recently.

KUALA LUMPUR (Oct 31): Property prices will definitely have to adjust in the near term to cater to the softening demand, said Sime Darby Property Bhd's chairman Tan Sri Zeti Akhtar Aziz.