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Property News

noairbnb

AirBnB vs. Traditional Rental Income: A Creative Way for Investors to Cash Flow?

Article by Freemind Works Many property investors do not have a solid exit plan when buying into a property. With so many properties completing and owners getting their keys, they have resorted to swapping their traditional tenant with AirBnB guest, with the assumption that this option will give better cash flow ... Read More
landslide

Hillslope and road collapses following continuous rain

A road leading to a housing area in Tanjung Bungah collapsed early this morning due to continuous rain on the island since Friday. Tanjung Bungah assemblyman Teh Yee Cheu when contacted said the incident occurred at a newly completed housing area built on a hillslope. He said the location was ... Read More
budget2018

Budget 2018: What’s in it for housing?

For housing, the following was announced in Budget 2018 to ease home ownership in Malaysia: 1. The Government will continue to intensify efforts to increase home-ownership for the rakyat with an allocation of RM2.2 billion as follows: 17,300 units of People's Housing Programme;econd: 3,000 units of People's Friendly Home under ... Read More
m-vista-southbay-launching-f-p

Mah Sing to launch ‘Reinvent Affordability’ campaign

Property developer Mah Sing Group Bhd will be launching its 'Reinvent Affordability' campaign tomorrow, which will serve as a key theme in the group's business plan — to develop more affordably priced homes to cater to the market's supply demand gap. Its managing director Tan Sri Leong Hoy Kum said ... Read More
budget-2018-wishlist-housing-f

What Malaysians want for Housing in Budget 2018

Warning of a “homeless generation” of Malaysians who cannot afford to own homes, the National House Buyers Association (HBA) mooted four mechanisms to avert such a crisis, including curbing property speculation through higher stamp duty rates and higher real property gains tax on buyers and sellers who own more than ... Read More
Stacks of coins with the word BUDGET isolated on white background

Budget 2018: What is in store for us, a ‘feel good’ package?

Article by Freemind Works Budget 2018 will be announced on 27 October. And next year’s budget will be an important one, as Malaysia’s 14th general election is around the corner, now widely expected to be held in the first quarter of next year. Many also believed that this budget is about ... Read More
tanjung_bungah_landslide

Landslide at Tanjung Bungah affordable housing construction site

Rescuers have unearthed three bodies at the construction site hit by a massive landslide in Tanjung Bungah here today. Penang Fire and Rescue Department director Saadon Mokhtar said the search was ongoing for 11 more people believed to be still buried underneath the muddy soil. “We found the first two ... Read More
war-of-debts

War of Depts

It gives you sleepless night thinking about the high interest you have to pay to the bank. Debts include property loans, credit card, personal loan, car loan and etc. Miichael in his WAR OF DEBTS program will coach you the step by step approach in finishing all your debts in half ... Read More
mutiara-rini-on-hold

Mutiara Rini may have to be demolised and rebuilt

The Penang state government has directed a developer to demolish a partly-complete apartment building and rebuild this for safety reasons, said Chief Minister Lim Guan Eng. He said the state government was not satisfied with the safety standard of the building by JKP Sdn Bhd “JKP has agreed to demolish ... Read More
unaffordable-malaysia

BNM Explains Why You Can’t Afford a House

Malaysia’s central bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t affordable. Bank Negara Malaysia has created a website packed with data aimed at debunking the “myth” that access to financing was deterring home ownership, showing that loan approvals for ... Read More