News about property

Hold up! Before signing on the dotted line (and ensuring the purchase is not a gila one), do heed the advice from these three panellists.

Low interest rates, and plenty of incentives, discounts and promotions – these are recipes for a great investment in property.

KUALA LUMPUR (Sept 30): Berjaya Corp Bhd’s net loss eased to RM242.

PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.

KUALA LUMPUR (Sept 29): Malaysian banks are not directly exposed to embattled property developer China Evergrande Group as they are more concentrated in the Southeast Asian region, says S&P Global Ratings.

KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided.

KUALA LUMPUR (Sept 27): The Malaysian-owned regeneration project of Battersea Power Station in Central London received a royal visit from the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Raja Permaisuri Agong Tunku Hajah Azizah Aminah Maimunah Iskandariah and the Yang Amat Mulia Tengku Arif Bendahara on Sept 24, Friday.

PUCHONG (Sept 27): Property developer OSK Property has unveiled the first phase project of Shorea Park in Puchong on Sept 25, this also marks the developer’s first venture into the vibrant Puchong housing market.

The furore over new and stiffer conditions attached to the Malaysia My Second Home (MM2H) programme is unfortunate, if not unnecessary.

Citing an internal survey, Malaysia My Second Home (MM2H) Consultant Association president Anthony Liew said 90% of the existing MM2H visa holders would not renew their visas if the new terms were applied to them.