Weekly Industry News

Higher demand for Serviced Residences

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SERVICED residences experienced the most significant growth in demand at 14.7 per cent in the first half, according to a report by iProperty.com. This...

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Affordable housing a shared responsibility

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Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in ...

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First-time homebuyers spoilt for choice with a slew of housing schemes

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E Home Ownership Campaign (HOC) 2019 has four months remaining and prospective first-time homebuyers still ‘wet behind the ears’ may be surprised to f...

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Additional credit facilities would keep house prices high

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THE government’s good intentions of easing homeownership among the less affluent segment of the society by planning six new home loan schemes could be...

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Serviced apartments outshine condos in 1H19

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THE demand for condominiums in the country’s secondary market has shifted towards serviced apartments during the first half of 2019 (1H19), according ...

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Property prices in Q2 tick up from previous quarter

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Despite a drop on a year-on-year basis, the PropertyGuru Market Index saw a 0.8% increase to 86.2 in the second quarter (Q2) of 2019 from 85.4 in Q1 2...

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More Malaysians can own homes

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Malaysian households earning less than RM4,360 monthly can soon have access to Bank Negara Malaysia’s RM1 billion fund for affordable homes to f...

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Affordable home fund eligibility eased

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Bank Negara is intensifying efforts to assist first-time homebuyers by doubling its previous caps on household income and property prices to allow mor...

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Affordable Home Fund eligibility criteria expanded

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Bank Negara Malaysia (BNM) has expanded the eligibility criteria for the RM1 billion Fund for Affordable Homes. Bank Negara Malaysia governor Datuk No...

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Properties attract higher prices in KL & Selangor, but not Johor

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THE high number of unsold residential units in the Malaysian property market is mainly due to the mismatch between demand and supply. While there is d...

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The alternative method of homeownership

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THE high number of unsold residential units in the Malaysian property market is mainly due to the mismatch between demand and supply. While there is d...

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The government’s promise

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THE real estate industry has been abuzz ever since the new government under Pakatan Harapan took the reigns following the 14th General Election on May...

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