News about property

Malaysians, especially the millennial generation, tend to have a special affinity for shopping malls as many of us grew up spending much of our leisure time in one of them especially the ones nearest to our homes.

PETALING JAYA: Property developer Paramount Property is set to launch the commercial component of its Atwater development, which comprises two office towers and a retail component by the end of this month.

KUALA LUMPUR (Nov 15): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong said the FundMyHome platform, which provides an alternative form of financing for first-time homebuyers, will not lead to a subprime crisis and would in fact have the reverse effect.

We used to mostly see strata projects as high-rise residences but these days, strata landed homes have been introduced as well.

KUALA LUMPUR (Nov 9): A wholly-owned subsidiary of Caely Holdings Bhd has proposed to acquire three parcels of freehold land in Penang for RM30.

KUALA LUMPUR (Nov 9): The FundMyHome property platform will not be a monopoly of the newly-proposed home financing scheme sector, political secretary to Minister of Finance Tony Pua explained today.

KUALA LUMPUR (Nov 8): A-Rank Bhd has proposed to diversify its business to include property development, in view of intense market competition faced by its existing aluminium business.

KUALA LUMPUR (Nov 7): I-Bhd has posted a 21% drop in net profit to RM5.

KUALA LUMPUR (Nov 2): Malayan Banking Bhd (Maybank) sees the property sector as the biggest winner of Budget 2019, with a variety of measures ranging from specific allocations for supply – financing of first-time purchases – of affordable housing, as well as stamp duty exemptions and property crowdfunding to help the industry clear the supply overhang, placing it on a path to sustainable growth.

  PETALING JAYA (Nov 2): A property consultant expects a more active real estate transaction now till year end to avoid additional Real Property Gains Tax (RPGT) charges.