News about state

KUALA LUMPUR (Oct 15): State governments have been told to help shoulder the responsibility of making sure of sufficient affordable homes available in the country.

PETALING JAYA (Oct 12): Property developers are more optimistic about the Malaysia property market outlook in the coming year than the current second half of 2018.

PETALING JAYA (Oct 10): SERC Sdn Bhd executive director Lee Heng Guie expects to see a “lean and mean but supportive” Budget 2019.

PETALING JAYA (Oct 10): The Real Estate and Housing Developers Association (Rehda) wishes to see more support from the local authorities to achieve the national goal of lowering down property prices.

  PETALING JAYA (Oct 10): The Real Estate and Housing Developers' Association (Rehda) has urged state governments to adopt an automatic release mechanism for properties allocated under bumiputera quotas to lower the high number of unsold units in the country.

PETALING JAYA (Oct 9): The Pusat Bandar Puchong LRT station lift broke down leaving disabled commuters stranded with no way to exit the station.

PETALING JAYA (Oct 9): The government is mulling a reduction in  compliance costs for affordable housing developments by saving developers the burden of undertaking the construction of certain utilities infrastructure.

KUALA LUMPUR (Oct 8): Asian Strategy & Leadership Institute (Asli) chairperson Tan Sri Jeffrey Cheah said there is a need to change existing legislation for the real estate industry as the laws have not kept up with the pace of nation’s economic and social landscape.

KUALA LUMPUR (October 8): Property developers have until the end of this month to announce the discount that can be passed on to house buyers arising from the sales and services tax (SST) exemption on construction materials, but cutting prices may not be as easy as it is set out to be.

PETALING JAYA: Leasehold properties generally see slower price growth than freehold properties especially after 30 years into the lease.