PROPERTY GURU. 13TH MARCH: Nearly 2,700 residential property owners in Putrajaya will enjoy discounts on assessment tax from July. Meanwhile, the Selangor government aims to make the state more inclusive for people with disabilities by standardising the guidelines for future developments. 1. Nearly 2,700 Putrajaya homeowners to receive assessment tax discount Nearly 2,700 residential property […]

NEW STRAITS TIMES. 14TH MARCH: Property developer Radium Development Bhd will focus on developing two housing projects in Kuala Lumpur with a cumulative gross development value (GDV) of RM1.52 billion in 2023. Chairman Tan Sri Mhd Amin Nordin Abdul Aziz said these projects are the R Suites Chancery Residences (Chancery) in Ampang with a GDV […]

DAILY EXPRESS PROPERTY. 13TH MARCH: There is no element of cronyism in the sale of homes under the Rumah Selangorku scheme, said State Housing, Urban Wellbeing and Entrepreneur Development Committee chairman Rodziah Ismail. She said the issue of cronyism should not arise as the purchase of the homes depends on the prospective homebuyers’ loan approval. “Sometimes […]

EDGEPROP. 13TH MARCH: The group is committed to delivering the project for affordable housing that targets the local community, to support government initiatives under the revised Budget 2023 to build and provide affordable houses. TWL Holdings Bhd’s shareholders on Friday (March 10) approved the proposed renounceable rights issue of up to RM111.3 million nominal value […]

FREE MALAYSIA TODAY. 11TH MARCH: Rodziah Ismail denies claims that some buyers managed to purchase their homes ahead of others thanks to ‘insiders’. There is no special list of certain first-time home buyers under the Rumah Selangorku housing scheme, says executive councillor Rodziah Ismail. Rodziah, who is in charge of housing matters, denied claims that some […]

NEW STRAITS TIMES. 10TH MARCH: Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand, particularly for affordable to mid-range properties where purchasers are more interest-rate sensitive. According to a […]

EDGEPROP. 9TH MARCH: “We see, for example, the situation has become out of control; the gap is so obvious as major towns are also congested with urban poor areas or slums. That shows that our planning has weaknesses.” All local authorities across the country have been asked to give attention to and address the issues […]

THE EDGE MARKETS. 10TH MARCH: Research houses see the possibility of Bank Negara Malaysia (BNM) maintaining its overnight policy rate (OPR) rate at the current level for a longer while, following the pause in January and March. Kenanga Research said this view is further backed by the Monetary Policy Committee’s (MPC) primary aim to “calibrate […]

NEW STRAITS TIMES. 10TH MARCH: In most modern house designs in Malaysia several factors, apart from climate-responsive design, have risen to prominence. For instance, traditional Malay houses are lifted off the ground to keep the rooms high and dry, which is the most time-tested approach to construction in flood-prone locations. The fact that such houses […]

MALAYMAIL. 9TH MARCH: Putrajaya residential property owners will enjoy a reduced assessment tax on their homes starting from this July, Prime Minister Datuk Seri Anwar Ibrahim announced today. Anwar said he had heard the owners of non-affordable housing properties in Putrajaya lamenting that their residential premises’ assessment tax was relatively higher than those imposed in […]