THE EDGE. 25TH MAY: Buying a property in Singapore now comes with a hefty price tag for foreign buyers and those buying a second property. On April 27, the Singapore government announced an increase in Additional Buyer’s Stamp Duty (ABSD) to 60% for foreign buyers and 20% for Singaporeans buying a second home. This is the […]
EDGEPROP. 23RD MAY: The two parties were not able to agree on the appointment of the relevant contractors and sub-contractors and also their plans in the execution of the proposed development. Rubberwood furniture maker Sand Nisko Capital Bhd (SNC) no longer plans to co-develop a mixed development in Alor Gajah, Melaka with privately-held Evergreen More Sdn Bhd (EMSB). On […]
VNEXPRESS. 23RD MAY: In HCMC, more than 65% of houses meant for occupation have been leased while street-front houses for businesses are largely vacant. A VnExpress survey found this dichotomy with especially the lower-priced rental housing market being vibrant. Houses costing less than VND3.5 million (US$149) and rented mainly by students and workers earning below VND12 million a month […]
NEW STRAITS TIMES. 24TH MAY: Is short-term rental accommodation (STRA) a viable solution to the country’s rental market or property overhang? While it may be inconvenient for other unit owners, converting underutilised property into STRA may be one of the viable solutions for homeowners seeking to generate additional cash to cover their monthly mortgage payments, said […]
FREE MALAYSIA TODAY. 24TH MAY: Most of these houses are priced between RM500,001 and RM1 million. There are 27,746 houses worth some RM18.45 billion that have been completed but have yet to be sold at the end of the fourth quarter of 2022. Local government development minister Nga Kor Ming said most of these houses, or 9,323 […]
FREE MALAYSIA TODAY. 22ND MAY: The Perak Hotel Enactment Bill seeks to replace a century-old enactment on boarding houses and will cover guest houses and accommodations for rent. The Perak government has tabled a proposed new law on hotels to replace a century-old enactment to provide for regulation of hotels and new forms of lodging houses such […]
PROPERTY GURU. 19TH MAY: If you are looking to buy a house, you probably have a long list of must-have features and amenities that you want in your new abode. That list will certainly come in handy because home-buying can be tedious and complicated, and it pays to know what you and your family need […]
PROPERTY GURU. 17TH MAY: High-rise or low-rise? Weigh these factors before you decide. If you’re considering buying a home, you’re probably looking at factors like price, location, and/or developer before you decide to purchase. One thing you should also consider is whether you’ll be more suitable for high-rise or low-rise living. Whether it’s for short-term or […]
EDGEPROP. 17TH MAY: Under the partnership, the two parties will explore opportunities to develop mixed-use schemes, residential, commercial or logistic properties in Central London and South East London. IJM Land Bhd has announced that its 51%-owned UK subsidiary RMS (England) 2 Ltd (RMS 2) has partnered up with UK-based railway company Network Rail to explore […]
NEW STRAITS TIMES. 16TH MAY: The Malaysian real estate market is anticipated to expand in the upcoming years, especially in the housing and data centre segments. The strong push Malaysia is making to roll out a second 5G network starting next year and the growth of e-commerce is anticipated to boost demand for data centres […]