Weekly Industry News

A REIT to deal with overhang units

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The Real Estate and Housing Developers’ Association’s (Rehda) proposal for a residential real estate investment trust (REIT) to provide housing for re...

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RPGT now a pure taxation tool, discourages long-term investment

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The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding perio...

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Govt: Affordable homes to be capped below RM300,000

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THE government is expected to put a cap on affordable homes at RM300,000 for units with a minimum of 900 sq ft, to provide more opportunities for the ...

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Developers commit to 10% price markdown to alleviate glut

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Some 180 property developers have pledged to slash the prices of their unsold homes by at least 10% as the real estate sector struggles to clear RM22 ...

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Sentiment in property market could improve this year, says Knight Frank

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Policies and measures announced in the 2019 budget are expected to strengthen demand in the local property market, especially among firsttime homebuye...

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Property sector expected to recover in first half

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The property market is expected to recover within the first half of 2019, as industry experts reckon that home sales have already bottomed out. Mayban...

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Council discusses national housing policy, one million affordable homes

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The National Affordable Housing Council (MPMMN) held its first meeting here today to discuss the implementation of the National Housing Policy (DRN) 2...

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Langkah tepat pacu sektor perumahan

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Pengenalan model baharu penswastaan bagi menyediakan lebih banyak kediaman mampu milik disifatkan langkah tepat dalam memacu sektor perumahan dan indu...

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Bid to build more affordable homes

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THE government is working on a new privatisation model to build more affordable homes via stronger collaboration between the federal and state governm...

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Was the property bubble averted?

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The majority of Malaysians were waiting for the property bubble to burst last year, given that the number of unsold units had ballooned to nearly 30,0...

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Taking the nation to the next level

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Transit-oriented developments (TODs) are the future of urbanisation in the Klang Valley. There are already several transit-oriented projects in the Kl...

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One mln affordable houses in 10 years — Zuraida

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The Housing and Local Government Ministry plans to build one million units of affordable homes within the next 10 years to enable more people, especia...

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