Weekly Industry News

`Govt not pandering to developers`

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The government is not seen as pandering to developers but is committed to ensuring a sufficient supply of affordable units on one hand, and to rebalan...

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Significance of share units in strata development – part two

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IN THIS second part of the article, the Conveyancing Practice Committee member of the Bar Council analyses the recent Court of Appeal’s decision in Mu...

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KPKT aims to open RFP tender for govt land by January 2020

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THE Housing and Local Government Ministry (KPKT) aims to open the request for proposal (RFP) tender for the 72 plots of land under the federal governm...

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Year-end boost for home ownership

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THOSE looking for incentives or exemptions in property sales can visit the final mini-expo under the Malaysian Property Expo (Mapex) banner. The expo ...

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Affordability, overhang and foreclosures

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JOHN is interested to buy a RM1.2mil property. Together with rebates and all, the real value of the house is RM1mil and John is aware of that. John go...

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Cross-subsidisation costing the rakyat

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HOW much does it cost a fresh graduate to own a car in Australia and in Malaysia? On an average income of A$55,000 per year (RM155,375), a fresh gradu...

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Flat rate maintenance fee deemed unfair

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The recent court ruling on a flat rate maintenance fee for mixed- use properties is seen to cause chaotic situations for property management. The Mala...

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Establish a national housing corporation — PEPS

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The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has recommended that the g...

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Zuraida: HOC will not integrate with MM2H

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he government has no plans to integrate the Malaysia My Second Home (MM2H) programme with the Home Ownership Campaign (HOC), as the two schemes have d...

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REHDA Selangor in favour of lower foreign buyer threshold

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The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners b...

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REHDA begins talks with state governments

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The Real Estate and Housing Developers’ Association (Rehda) has started talks with various state governments to reduce their pricing threshold for pro...

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Strata property owners laud court’s decision on flat rate

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About six million Malaysians who live in strata properties will “benefit” from a Court of Appeal ruling that all owners in mixed development strata pr...

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