News about property

KUALA LUMPUR (July 12): Malaysia Shopping Malls Association (PPK) committee member for research YL Lum foresees that the calculation of share unit weightage in strata-titled properties will be the next ‘time bomb’ in property management.

KUALA LUMPUR (July 11): Putrajaya is studying the possibility of increasing minimum property prices for foreign buyers Housing and Local Government Ministry secretary general Datuk Mohammad Mentek told a local business publication that “a new threshold will be set based on the condition of the local currency”.

KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.

Paramount Property Beh Chun Chong  Paramount Property CEO “The improved property market is expected to sustain until the end of the year.

KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.

KUALA LUMPUR (July 6): Sunway Bhd, which announced yesterday it had received overwhelming response to its Sunway GEOLake Residences project during an exclusive preview of the project recently, said its property development arm Sunway Property is on track to meet its 2018 sales target of RM1.

PETALING JAYA (July 6): Experience a new way of viewing and buying property at EdgeProp.

The property market is still soft with most developers experiencing slow sales.

PETALING JAYA (July 5): Those buying homes at the Malaysia Property Expo (Mapex) in Penang will be exempted from approval fees, said state executive council member Jagdeep Singh Deo.

PETALING JAYA (July 3): Effective property management services create value for building  tenants and investors as they increase occupancy rates by encouraging lease renewals and tenant stability due to improved talent retention, according to a survey by international property consultancy CBRE.