The Securities Commission Malaysia (SC) has released a new property crowdfunding framework, following revisions made to its Guidelines on Recognised Markets here today. This is in relation to an initiative announced in Budget 2019 to provide an alternative financing avenue for first-time homebuyers through a property crowdfunding scheme, said SC ... Read More

While Malaysians are satisfied overall with government approaches to bring affordable property to the people, the majority still feel that a more targeted approach could be taken to address this pressing gap in the property market, according to the PropertyGuru Consumer Sentiment Survey H2 2018. The sentiment comes amid widespread ... Read More

Owning a new home is no longer a dream now. EcoWorld's HOPE is a comprehensive home ownership solution for purchasers to kick-start their journey as homeowners or upgrade to their choice of EcoWorld homes. STAY2OWN (S2O), in partnership with Maybank HouzKEY, is an adaptation of Maybank’s existing HouzKEY product featuring new ... Read More

China-based developers have been roped in to offer rent-to-own affordable homes that are built using Industrialised Building System (IBS), says Zuraida Kamaruddin. The Housing and Local Government Minister said Malaysia had last month inked deals with eight China-based companies to invest in Malaysia, transfer pre-fabrication construction technology, and offer rent-to-own ... Read More

Mah Sing Group Berhad (Mah Sing) held a topping up ceremony for Phase 1 of its Ferringhi Residence 2@Batu Ferringhi, Penang today. The ceremony symbolises the completion of the structure of the development’s Tower B building. In attendance during the event were Mah Sing’s Chief Operating Officer, Everlyn Khaw, senior ... Read More

* Article by Freemind Works * Recently, it was reported in freemalaysiatoday.com that home loan rejection rate is as high as 70%. Well … applying for a loan can be a frightening task that will require a lot of your time and you need to figure out what documents to submit ... Read More

Malaysia is the most property obsessed country in the Southeast Asia and ranked at fourth place globally after the United Arab Emirates, the United States and Taiwan, according to HSBC Malaysia. “Malaysians spend longer time viewing property than they do keeping fit at the gym, reading books, or reading and ... Read More

The fifth instalment of the Property Insight Prestigious Developer Award (PIPDA) 2019, was held on the evening of 3rd May at Shangri-La Hotel. The awards serve as a benchmark for local property developers to strive for, and as a celebratory occasion to recognise the accomplishments in the property sector leading ... Read More

Bank Negara Malaysia (BNM) decided to cut the Overnight Policy Rate (OPR) by 25 basis points to 3% from 3.25% at its Monetary Policy Committee (MPC) today amid weak economic outlook. This is the first cut since July 2016. “The ceiling and floor rates of the corridor for the OPR ... Read More

The federal government may enlarge the Penang International Airport (PIA) to accommodate a maximum of 20 million passengers instead of the initial 12 million proposed. Finance Minister Lim Guan Eng said the original proposal was to increase the capacity from 6.5 million to 12 million passengers, but added that this ... Read More