Malaysia's residential rental property demand swung to a positive year-on-year (y-o-y) growth of 1.9 per cent in the first half (H1) of 2021 from a contraction of 5.6 per cent in the corresponding period last year, according to property portal iProperty.com.my. Growth in user visits outperformed the growth in rental ... Read More

The Seberang Perai City Council (MBSP) is gearing up for the Phase Three of the National Recovery Plan (NRP) now that more people have been vaccinated as well as there has been a decline in the number of Covid-19 cases. Its mayor Datuk Rozali Mohamud said the council has drafted action ... Read More

Ewein Bhd founder and executive chairman Datuk Ewe Swee Kheng died after falling from a high-end condominium at Jalan Kelawai, Penang this morning, reported Sin Chew. The deceased fell from the 17th floor of the condominium and into a pool at around 2am this morning, reported the Chinese-language daily. At the ... Read More

A newly proposed affordable landed housing development by Spirit of Perai Sdn. Bhd. near Sungai Dua in Butterworth. Located on 37.9 acres of land surrounded by Perai River. While it is just a stone's throw away from Sungai Dua town centre, it is yet to be known how the access ... Read More

Taman Mengkuang Jaya 2, third phase of Taman Mengkuang Jaya development by Loyang Ekuiti Sdn. Bhd. (a subsidiary of Metrio Group) at Kubang Semang, Penang. Located along Jalan Kuala Mengkuang, less than 2km away from BKE - Penanti exit. It is approximately 20 minutes drive to Kulim Hi-tech park, about 15km away ... Read More

Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo has continued to remind property developers to focus on building affordable homes during this trying period. “Let us work together. We want the private sector to come together and help the people. “The Covid-19 has greatly impacted the ... Read More

Scientex Tasek Gelugor offers the First* Landed 2 Storey Affordable Homes with Freehold Title in Pulau Pinang with affordable price from RM226,800*.  Scientex Tasek Gelugor has recently launched the “Scientex NRP Virtual Lucky Draw” online campaign with more than RM10,000* worth of prizes to be won. Eligible purchasers will have ... Read More

Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today. The move is to ensure that housing remains affordable for the selected target groups. It is understood from ... Read More

Setting ceiling prices for affordable homes, even if temporary, will not address the shortage of affordable housing, an economist says. In the recently tabled 12th Malaysia Plan, it was revealed that the government would implement price caps for affordable homes on the secondary market and limit the number of units ... Read More

The various steps under the 12th Malaysia Plan (12MP) to reinvigorate the country's economy post-pandemic will augur well for the housing sector, said Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum. The 12MP, according to Leong, is a positive step toward boosting economic growth, ... Read More