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A place one would love to call home
Nestled among mature neighbourhoods in the heart of Kuala Lumpur lies Malaysia’s pioneer masterplanned township Desa ParkCity, an address one would love to call home.
Best time to buy a first-hand home?
Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.
Array of deals for homebuyers amid downturn
The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.
LBS Bina revises sales target down to RM1 bil for 2020
PETALING JAYA (July 27): Due to the Covid-19 pandemic and the ensuing Movement Control Order (MCO), LBS Bina Group Bhd (LBS) has revised its 2020 sales target to RM1 billion from the previously set figure of RM1.
Paramount purchases land to expand Bukit Banyan township
PETALING JAYA (July 7): Paramount Corp Bhd purchased 137.
MCT falls into the red in 1Q on hedging losses and lower sales
KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.
EcoWorld posts lower 2Q net profit due to MCO, but sees big rebound in sales during CMCO
KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.
Penjana economic package: No sales tax on locally-assembled cars purchased between June and end-December
KUALA LUMPUR (June 5): The 10% sales tax on complete knock down (CKD) passenger vehicles will be waived while the tax on completely built-up (CBU) passenger vehicles will be halved to 5%, said Prime Minister Tan Sri Muhyiddin Yassin.
REHDA: Incentives under Penjana aimed at easing homeownership
PETALING JAYA (June 5): The Real Estate and Housing Developers’ Association (REHDA) Malaysia is confident that the incentives to stimulate the property market under the Penjana Short-term Economic Recovery Plan (ERP) could help alleviate the financial burden on homebuyers and ultimately contribute to economic growth.
