EDGEPROP. 10TH MAY: Four-day study tour, which focused on Singapore’s best practices in the industry, was attended by 46 delegates from various sectors. Malaysia can learn about management and coordination of HDB’s housing initiatives. In an effort to have Malaysian property players to learn and emulate Singapore’s industry practices, the training, research and education arm […]
EDGEPROP. 11TH MAY: In a bourse filing, Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd has accepted the award of two contracts from Horizon Hills Development Sdn Bhd. Kimlun Corp Bhd has bagged two construction contracts worth RM94.5 million pertaining to main building works for 78 units of shop offices and a shopping mall with […]
NEW STRAITS TIMES. 11TH MAY: The government of the Spanish region of Catalonia has told landlords to find occupants for empty properties they own or risk them being expropriated. A plan announced this week to repurpose up to 70 houses empty for over two years in 14 towns where low-income housing is in high demand […]
DAILY EXPRESS. 10TH MAY: Property demand and supply in Malaysia eased at the beginning of the year with an overcast economic outlook, according to PropertyGuru Malaysia. The online property portal said that based on the insights from its market data and analytics platform, DataSense, there is a downward trend in the sale demand index with property […]
FREE MALAYSIA TODAY. 9TH MAY: Bleak economic outlook sees buying interest cool as property enquiries fall 5.6% in the second quarter. Malaysia’s residential property outlook remains overcast as global economic uncertainties have affected the appetite of buyers for big-ticket purchases such as property, according to PropertyGuru’s market report for the second quarter (Q2 2023). DataSense, PropertyGuru’s […]
NEW STRAITS TIMES. 8TH MAY: Bank Negara Malaysia’s decision to raise the Overnight Policy Rate by 25 basis points (bps) to 3 per cent will have an impact on homebuyers, developers, and property prices, said Kashif Ansari, co-founder and group CEO of Juwai IQI. The effects on the ordinary homebuyer would vary depending on their […]
THE STAR. 9TH MAY: The housing market is expected to remain robust with moderate price increases and demand continuing to grow despite the rise in the overnight policy rate (OPR) by 25 basis points to 3%. Juwai IQI co-founder and group chief executive officer Kashif Ansari said in a statement that housing market indicators have […]
MALAYMAIL. 8TH MAY: Global real estate technology group Juwai IQI believes the housing market will remain robust with moderate price increases and demand continuing to grow despite the rise in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) recently. Global real estate technology group Juwai IQI believes the housing market will remain robust with […]
EDGEPROP. 8TH MAY: The latest ABSD increase hits foreigners most with the doubling of the rate to 60%. Singapore citizens and permanent residents (PRs) have not been spared but the rate hike for them is less severe. For Singapore citizens buying their second residential property, the ABSD has been increased by 3% to 20%, and […]
DAILY EXPRESS. 7TH MAY: Potential buyers from Singapore would consider buying unsold properties in the state, especially those worth RM500,000 and above, adding that 80 per cent of such properties include service apartments around Johor Bahru and Iskandar Puteri. Singapore’s move to raise property taxes for non-residents in the republic will help reduce the number of unsold […]