Weekly Industry News

Little impact on property sector

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The latest overnight policy rate (OPR) cut is expected to have a negligible impact on the local property sector, in light of muted gross development p...

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Have urban renewal law

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A FORMER colleague, a senior academician at a Johor-based university, suprised me with a question recently. We were having a coffee break on the secon...

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Housing industry blueprint in the works

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The Ministry of Housing and Local Government is drawing up a national blueprint for the property industry, said National Housing Department director-g...

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Slight uptick in property sector

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WHILE the level of residential overhang in the country continues to rise in spite of fewer launches last year, things may finally be looking up for th...

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Facelift boost for old housing schemes

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The government is committed to providing better living for those residing in old housing schemes. Housing and Local Government Minister Zuraida Kamaru...

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Putrajaya’s affordable housing target can cause disruption

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The government’s pledge to increase the supply of affordable housing without first studying the market needs would cause disruption in the housing mar...

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PR1MA units sold at reduced prices, says chairman

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Perbadanan PR1MA Malaysia (PR1MA) has reduced prices by as much as a quarter under the current Home Ownership Campaign, with many of the houses sold b...

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PR1MA may be dissolved

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Public housing agency Perbadanan PR1MA Malaysia may be dissolved, pending a due diligence and turnaround plan which hinges on the take-up rate of its ...

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Ill-managed real estate is not future-proof

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Location, timing and pricing are not the only factors you must consider when buying any property. It is important to ensure that the desired property ...

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RM1.24b PR1MA homes sold within 3 weeks

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Perbadanan PR1MA Malaysia (PR1MA) sold a total of 4,795 homes with a sales value of RM1.24 billion within three weeks, through the Home Ownership Camp...

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Valuation needed for new houses — experts

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House buyers stand to benefit if primary market residential properties too, and not just secondary properties, are required to have a valuation done, ...

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Property market to stabilise this year

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THE Valuation and Property Services Department (JPPH) has projected a more stable property market in 2019 as preliminary data suggests that the value ...

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