KUALA LUMPUR (Dec 17): Hong Leong Investment Bank (HLIB) Research expects property developers to continue facing a tough operating environment in 2021, with developers cautiously carrying out launches and offering discounts on their products.
PETALING JAYA (Dec 14): Property developer S P Setia has taken the top spot in The Edge Malaysia Top Property Developers Awards (TPDA) 2020, making this their fifth consecutive win.
PETALING JAYA (Nov 8): The National House Buyers Association (HBA) criticised the government after the Housing and Local Government Ministry revealed the high number of extensions of time (EOT) approvals given to property developers since 2018, Free Malaysia Today reported today.
PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.
KUALA LUMPUR (October 8): Property developers have until the end of this month to announce the discount that can be passed on to house buyers arising from the sales and services tax (SST) exemption on construction materials, but cutting prices may not be as easy as it is set out to be.
PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.
PETALING JAYA (July 25): The Ministry of Housing and Local Government (KPKT) is working with the National Property Information Centre (Napic) to streamline their housing data by introducing a data input system for developers at the beginning of next year, said its national housing department director-general Jayaselan Navaratnam “[The progress of streamlining the data] is still in the initial stage because we have come to an agreement first.