News about state

PETALING JAYA (Nov 2): The Malaysian Institute of Estate Agents (MIEA) has described Budget 2019 as a budget with “more answers than questions”.

PETALING JAYA (Nov 2): Kenanga Head of Equity Research Sarah Lim (pictured) said it will be interesting to know how the current government will monitor the selling prices of new houses.

PETALING JAYA (Nov 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) President Datuk  Soam Heng Choon (pictured) has lauded the government’s initiative in introducing a new technology-based mechanism –property crowdfunding, to encourage homeownership.

PETALING JAYA (Nov 2): Mah Sing Group Bhd will be seeking clarity from the Real Estate and Housing Developers’ Association Malaysia (Rehda) on the commitment it made to the government for its members to provide up to 10% discount on new residential projects.

​ KUALA LUMPUR (Nov 2): Malaysia Airports Holdings Bhd (MAHB) is of the view that the formation of the airport real estate investment trust (airport REIT), as proposed in the Budget 2019 tabled in Parliament today, is a way for the government to 'securitise' its infrastructure assets.

PETALING JAYA (Nov 2): Budget 2019 is a very comprehensive budget that  encourages homeownership while aiming to resolve the mismatch in property demand and supply, said Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) deputy president See Kok Loong (pictured).

PETALING JAYA (Nov 1): Responding to calls for a separate board for estate agents in the country, the Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) said setting up a separate board for the profession is not viable.

KUALA LUMPUR (Nov 1): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), which is currently giving a one-year window period for any person with property management experience to be registered as a property manager, expects the number of registered property managers to increase from the current 3,000 to 6,000 by year-end.

PETALING JAYA (Oct 31): The Malaysian Institute of Estate Agents (MIEA) supports the call for the creation of a separate board made by the Malaysian Institute of Professional Property Managers and Facility Managers (MIPFM) president Sarkunan Subramaniam recently.

PETALING JAYA (Oct 31): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has rebuked a proposal to separate board to register and regulate property, facility and strata managers as property management is interrelated with other professions.