Property News
Seminar raises more questions about the state of property sector
Two common questions on the local property market... Will house prices ever come down? Is it better to buy now before GST? While speakers at the 24th National Real Estate Convention, comprising an economist and a few property consultants, try to provide some form of answers, new questions have cropped ... Read More
How safe are G&G communities?
The oldest and strongest emotion of mankind is fear’. – H.P. Lovecraft MUCH has been written recently on the mushrooming of gated and guarded (G&G) developments in Malaysia. Many of these developments have been the result of the steadily deteriorating state of security in our communities with regular reports of ... Read More
New road linking Jalan Jelutong and expressway opens
A new link road connecting Jalan Jelutong to the Tun Dr Lim Chong Eu Expressway in Penang will be open from midnight today. The 800m road, which is an extension of Jalan Tan Sri Teh Ewe Lim, will connect the Jalan Tan Sri Teh Ewe Lim, Jalan Perak and Jalan ... Read More
First-time house buyers to gain
HBA is happy that more affordable homes are to be built under Budget 2015 and DIBS ban stays. The National House Buyers Association (HBA) wishes to thank the Prime Minister for the measures announced in Budget 2015 to build more affordable homes for the rakyat. HBA is grateful that the ... Read More
Dreams Homes on Offer
From chic nest eggs for one's golden years to cozy cul-de-sacs for your burgeoning family, the Uniquely Property Showcase 2014 aims to offer property enthusiasts of all ages and income groups an affordable route towards their ideal dream homes. Taking place from October 30th till November 2nd at one of ... Read More
Buying a property – Way too Far, too High and too Soon. What’s your reason?
by Charles Tan Just last week, someone told me that no one should buy properties if they are not ready. I asked what does it mean by not being ready? He said, lots of reasons, especially these days when the money is insufficient and the cost of goods are all ... Read More
Demographia: Malaysia’s residential housing market ‘severely unaffordable’
When middle income professionals are unable to afford their own home based on a single income and have to team up with either a spouse or another person to qualify for a mortgage loan, then it is a sign that the unaffordability of our housing market has become critical. A ... Read More
Tips for consumers
Experts provide property fair visitors with useful knowledge The fear that all products and services will be imposed with the goods and services tax (GST) by April 2015 is not justified, as not all businesses are eligible to collect GST. TY Teoh International national tax director Richard Oon said only ... Read More
Affordable Housing Roadshow – Sunway Carnival (25 & 26 Oct)
In conjunction with Northern Corridor's Property & Investment Expo this weekend, officers from the state housing department together with PDC will be going to Sunway Carnival Convention Centre in Seberang Jaya for the ‘Mission: Home-Possible’ road-show. It will showcase affordable housing projects, as well as assisting potential buyer to submit ... Read More
Rehda: GST will push up home prices by 2.6%
Home prices will rise by about 2.6% once the goods and services tax (GST) comes into play, said the Real Estate and Housing Developers’ Association Malaysia (Rehda). The chairman of the association’s task force on accounting and taxation, Datuk Ng Seing Liong, said that the calculation was based on its ... Read More
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