News about property

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.

He has been in Malaysia for the past seven years, but the chairman of “Hongkongers in Malaysia” Facebook group Gary Crestejo only applied for the Malaysia My Second Home (MM2H) visa two years ago.

Pleasant weather, harmonious communities, multi-cultural and multi-lingual, affordable cost of living, earthquake- and hurricane-free and the list goes on – these are some of the unique selling points that best explain why Malaysia always makes it to the list of the world’s top retirement destinations.

PETALING JAYA (Sept 21): Fiabci Malaysia president Datuk Seri Koe Peng Kang has urged the government to engage Malaysia My Second Home (MM2H) stakeholders to solve a “crisis of confidence” over the programme as soon as possible.

KUALA LUMPUR (Sept 21): The police have so far received 26 reports related to safety and property damage from residents, following the landslide incident at Jalan Kemensah Heights on Friday (Sept 17).