News about valuation

KUALA LUMPUR (March 11): A total of 227 buyers managed to buy government-linked homes under the Home Ownership Campaign (HOC) at the recently concluded Malaysia Property Expo (Mapex).

KUALA LUMPUR (Jan 24): IGB Real Estate Investment Trust’s (IGB REIT) net profit for the fourth quarter (4Q) ended Dec 31, 2018 slipped 9.

PETALING JAYA (Dec 24): The median price of homes in Malaysia stood at RM293,000 in the third quarter of 2018 (3Q18), an incremental rise from RM288,000 in the previous quarter, according to The Residential Prices Quarterly Update Q3 2018 report by the National Property Information Centre (Napic).

  KUALA LUMPUR (Dec 24): Compared to the same period last year, the property market has seen a 48.

KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.

PETALING JAYA (October 1): The Valuation and Property Services Department (JPPH) has come up with a suggestion to keep house prices in check — by establishing a Housing Price and Cost Control Committee, to monitor costs involved in housing developments.

PETALING JAYA (April 17): Thirty new hotels were completed last year, adding a further 5,777 rooms to the sector in 2017, over 50% more than the 3,733 new rooms introduced in 2016, said the Valuation and Property Services Department’s (JPPH) “Malaysian Property Market Report 2017”.

KUALA LUMPUR (March 9): The formation of just a single agency tasked with the distribution of affordable houses can facilitate the monitoring of their supply and demand, said National Institute of Valuation (Inspen) Director Mohd Khairudin Abd Halim.

First-time homebuyers often think they are ready to sign on the dotted line when they find their savings and monthly income are enough to cover the down payment and monthly instalments of their purchase.

“House prices will never go down” is probably what we hear whenever we are told to invest in a residential property.