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PETALING JAYA (Oct 29): The allocation of RM2 billion Housing Credit Guarantee Scheme announced under the Budget 2022 will benefit first-time homebuyers, especially wage earners without steady incomes, said JLL Property Services (Malaysia) Sdn Bhd country head YY Lau.

PETALING JAYA (Oct 29): The newly announced Budget 2022 today has disappointed many in the property industry as there are not many significant measures that could stimulate the market, said Reapfield Properties Group COO Jonathan Lee.

PETALING JAYA (Oct 29): Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong (pictured) says the Budget2022 will bring only minimal impact to the property market.

PETALING JAYA (Oct 29): CBRE | WTW group managing director Foo Gee Jen (pictured) maintained a neutral outlook for the real estate industry in light of the tabling of Budget 2022 today.

PETALING JAYA (Oct 29): Real Estate and Housing Developers’ Association Malaysia (REHDA) lauded the government’s proposal to waive real property gains tax (RPGT) for properties sold on the sixth year onwards in the Budget 2022 announcement today.

KUALA LUMPUR (Oct 29): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2022 today.

KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.

KUALA LUMPUR (Oct 28): Berjaya Food Bhd's wholly-owned subsidiary Berjaya Starbucks Coffee Co Sdn Bhd (BStarbucks), which operates Starbucks coffee outlets in Malaysia, clarified that Starbucks already has presence in Malaysia's three federal territories, namely Kuala Lumpur, Putrajaya and Labuan, and that the group’s plan to open a new store in Perlis by end-2021 will allow Starbucks to have a "full presence" in the country.

Read also DONE DEAL: Office at The Horizon II, Bangsar South, Kuala Lumpur DONE DEAL: Condominium at Mutiara Upper East, Kuala Lumpur Located in Desa Pandan neighbourhood, the 23-storey Mutiara Upper East leasehold condominium has a total of 294 units.

KUALA LUMPUR (Oct 27): Sime Darby Property Bhd has proposed to acquire 760 acres of land with development potential in Labu, Negeri Sembilan, from sister company Sime Darby Bhd for RM280 million.