News & Articles

Oversupply of residential property due to speculation may slow down market
PETALING JAYA: The secondary residential property market could face a slowdown in transactions within the next six to 12 months due to oversupply of properties caused by speculative buyers. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said “secondary properties in secondary locations,” namely apartments within the RM150,000 to RM300,000 ... Read More

The key to happiness Homeless family can now rejoice after being offered flat in Rifle Range
AFTER losing a roof over his head due to an interim court order in Penang more than two weeks ago, Tan Kim Swee thought his parents would never get to enjoy the comforts of a home. The 34-year-old construction worker, who earns only RM900 per month and has to support ... Read More

Affordable housing a Budget priority
PETALING JAYA: Affordable housing will be one of the highlights in Budget 2013, said Datuk Donald Lim Siang Chai. The Deputy Finance Minister said among the initiatives being looked into was the enhancement of low-cost home development projects, particularly the My First Home Scheme. Lim said the Government had proposed to ... Read More

Developers urge Government to bring down cost of doing business
PETALING JAYA: Property players are hoping that Budget 2013 would introduce encouraging policies or tax adjustments that allow businesses to thrive in the current local and global economic environment. Mah Sing Group Bhd managing director Tan Sri Leong Hoy Kum hopes to see new financial incentives, tax breaks or even ... Read More
Resilient property market expected
PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) expects the housing and property market to plateau in the second half of 2012, but will remain resilient. According to a survey Rehda conducted, property developers are optimistic of the second half and more respondents plan to launch projects ... Read More

Upbeat views on Malaysian property
GEORGE TOWN: Despite the global economic crisis, property investments coming into the country and going to overseas this year are expected to increase substantially. The recently introduced 10% stamp duty for foreigners buying properties in Singapore has increased the attraction of Malaysia as a property investment destination. Property investments flowing ... Read More

Slated for redevelopment
RESIDENTS living in the century-old settlement in Gat Lebuh Sandilands off Jalan C.Y. Choy can look forward to better living conditions as a redevelopment proposal for the area has been put in place. Housewife Loh Bee Luan, 67, said the place was always infested with mosquitoes which breed in stagnant ... Read More

Residents up in arms over proposed flyover
BUKIT MERTAJAM: Some 100 residents of Taman Desa Damai in Bukit Mertajam held a peaceful gathering to protest against the proposed flyover between Jalan Nangka in Taman Desa Damai and Jalan Perda Timur in Bandar Perda. They claimed the flyover, which is to be built over the double track railway ... Read More

Upcoming developments
THE year 2013 is pretty much a busy one for Dijaya Corp Bhd as it is planning some 12 launches spread over the Klang Valley, Penang and Johor. One of the more imminent ones include The W Hotel & The Residences, which deputy managing director of Dijaya Dickson Tan is ... Read More

The importance of research is rising as more Malaysians look at property as an investment alternative
THE property market is highly volatile and thrives on speculation. Although Malaysia is considered a fairly stable market with steady appreciation in value, unlike other places around the globe, it is important for Malaysians to understand when and where they should invest their money. It was reported last year that ... Read More
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