News about property

The National House Buyers Association (HBA) is appreciative of the housing in­dustry’s significant contributions to our country’s economic development and likewise mindful that house buyers play an im­portant role as the industry’s customers.

Repainting a building is perhaps one of the biggest projects most building man­agements undertake.

KUALA LUMPUR (Nov 9): While developers’ property sales in the upcoming third quarter of 2021 (3Q21) financial reports could be weak amid the lockdown, UOB Research expects it to be more resilient this time versus 2Q20’s lockdown, thanks to ongoing digitalisation efforts (virtual marketing).

KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.

PETALING JAYA (Nov 8): Sime Darby Property Bhd's Elmina Green Five in the City of Elmina and Trilia landed homes in Bukit Jelutong, Selangor have achieved a 100% take-up rate in under five minutes.

KUALA LUMPUR (Nov 7): The High Court in Johor Bahru on Sunday ordered ex-Johor executive council member Datuk Abd Latif Bandi, his son and a former real estate consultant to enter their defence against 37 corruption and money laundering charges involving more than RM30 million as the prosecution had proven a prima facie case against the accused, who were charged in 2017 for receiving bribes from property developers who requested for the change in bumiputra land status in Malaysia.

According to earlier news reports, the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are only four developers in Malaysia capable of carry­ing out the build-then-sell (BTS) concept.

PETALING JAYA (Nov 3): Sime Darby Property today announced a 90% take-up of its latest high-rise product, Maya Ara Residences, which was launched virtually.

KUALA LUMPUR (Nov 3): Trive Property Bhd plans to raise up to RM19.

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.