News about property

KUALA LUMPUR (Sept 23): With the residential property market expected to stay sluggish next year amid the continued supply overhang, industry players are pleading for a further one-year extension of the Home Ownership Campaign (HOC).

From mouth-watering bak kut teh (herbal pork soup), crispy and flaky layered roti canai, the flavourful nasi lemak and kopi-kaw to refreshing yoyo ice (ice-blended fruit juice), as well as delicious layer cakes, Klang in Selangor is a food haven and is one of the most popular day-trip destinations for foodies from Kuala Lumpur (KL) and Petaling Jaya (PJ).

KUALA LUMPUR (Sept 19): Total unsold units continue to rise for residential properties priced above the maximum affordable house prices in individual states, according to Bank Negara Malaysia’s (BNM) Financial Stability Review for the first half of 2019 (1H19).

  PETALING JAYA (Sept 17): Malaysians are still the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, according to an article in the Star today.

The Battersea Power Station (BPS) construction site in London is constantly busy as ongoing works are in full swing to restore the facade of the 86-year-old edifice while adding new development elements that will turn it into one of London’s newest town centre.

GEORGE TOWN (Sept 13): Penang property owners have to be prepared to pay higher assessment rates next year as the state’s two local councils review the rates to counter increased expenditures.

GEORGE TOWN (Sept 12): Penang Development Corp (PDC) will have to “work hard” to provide affordable housing for residents of the state.

PETALING JAYA (Sept 6): We are maintaining our “neutral” view on the property sector as the outlook remains challenging in the next 12 months.

Getting the keys to your new home is one of the most exciting moments in life but there are some things that have to be settled before you celebrate.

KUALA LUMPUR (Aug 29): Sime Darby Property Bhd is looking to grow its recurring income base to 10% of total revenue, from the current 6%, over the next five years, as it embarks on its transformation to expand into the key growth sectors of industrial and logistics development.