PETALING JAYA (Sept 23): Skyscrapers in Asia Pacific experienced the highest rental growth in 1H2016 as Hong Kong skyscrapers continue to be the most expensive, according to international real estate services firm Knight Frank’s 2017 Global Cities report.
KUALA LUMPUR (Sept 23): A higher withdrawal cap on the Employees Provident Fund (EPF) savings appears to be the most viable among proposals to help first-time homebuyers in Malaysia, according to CIMB Investment Bank Bhd.
KUALA LUMPUR (Sept 23): The annual MIEA National Real Estate Awards (NREA) organised by the Malaysian Institute of Estate Agents (MIEA) has received 31 submissions and more than 20 winners will be announced at the gala dinner to be held on Oct 1 at Sime Darby Convention Centre in Kuala Lumpur.
SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
PETALING JAYA (Sept 21): IOI Properties Group Bhd sold 75% of its Avista 2-storey terraced houses, located at the developer’s Warisan Puteri township in Kota Warisan, Sepang, Selangor at its launch last weekend.
THE mature neighbourhood of Damansara Heights will soon have a new member — Aira Residence by Selangor Properties Bhd (SPB).
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
AS controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get a margin of financing that is sufficient to buy the developers’ products.
SINGAPORE (Sept 19): Singapore’s property market received a boost from resale transactions in light of flagging primary sales in August, says DBS.
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