EDGEPROP. 13TH JANUARY: The freehold serviced apartment spread over 3.28 acres will comprise 866 units across four blocks with built-ups ranging from 904 to 1,001 sq ft for two- to four-bedroom apartment units. All units will be partially furnished with a selling price starting from RM250,000. The first phase of Arena Residences, the latest residential […]
EDGEPROP. 13TH JANUARY: Menteri Besar, Datuk Seri Amirudin Shari: What is interesting about the Rumah Selangorku 3.0 incentive is that it offers a choice of units based on needs, namely for bachelors which are solo (one room) while for married people the duo (two rooms), trio and quad (three rooms) type The Rumah Selangorku 3.0 […]
EDGEPROP. 12TH JANUARY: Compliance cost includes the time and expenses incurred by developers in order to conform with government policies, legislation and regulation which have increased the cost of doing business by between 15% and 25% for township developers and start-ups. Rehda Institute is hoping that this can be mitigated to make property development more […]
THE EDGE MARKETS. 12TH JANUARY: Rehda Institute — the research, education and training arm of the Real Estate and Housing Developers’ Association (Rehda) — is seeking ways to mitigate high compliance costs as discussed at a roundtable session titled Rehda Institute Housing Forward Roundtable: Cost of Doing Business 2023 on Thursday (Jan 12). Moderated by Rehda Institute […]
THE STAR. 13TH JANUARY: The Real Estate and Housing Developers Association Malaysia (Rehda) will be engaging with stakeholders to address the causes of surging property prices in the country. In its report titled “Housing Forward: Understanding Costs and Sustainable Prices,” the association revealed that compliance cost has been one of the reasons behind rising home prices. […]
NEW STRAITS TIMES. 13TH JANUARY: The country’s soaring home prices must be addressed as soon as possible. According to the Real Estate and Housing Developers Association Malaysia (Rehda), one of the causes of rising property prices is high compliance expenses. Compliance expenses include levies and contributions to authorities, as well as the construction of infrastructure […]
FREE MALAYSIA TODAY. 13TH JANUARY: Sluggish growth is expected in the residential property sector for 2023 with both demand and supply side factors contributing to the sector’s muted prospects. The increase in borrowing costs owing to overnight policy rate (OPR) hikes and supply chain disruptions are affecting both buyers and developers, said CBRE WTW Valuation […]
EDGEPROP. 11TH JANUARY: Recovery in the residential property sector continues, albeit at a slower pace amid rising borrowing costs and growing inflationary pressure. Office leasing activity edges up following normalisation of business operations. Retail industry rebounds strongly with higher footfall supporting retail sales growth, although the growth momentum is dampened by concerns of rising living […]
NEW STRAITS TIMES. 12TH JANUARY: Selangor State Development Corporation (PKNS) plans to develop up to 10 housing projects in the state, with an emphasis on Shah Alam, Bangi, and Cyberjaya. Its chief executive officer (CEO), Datuk Mahmud Abbas, said that the corporation’s goal is to boost property ownership among young people and first-time buyers. It […]
EDGEPROP. 11TH JANUARY: “The setting up of the team is to ensure that any project subject to environmental impact assessment (EIA) requirements receives the EIA report from the Department of Environment (DOE) before approval. “The Mineral and Geoscience Department will also examine the hazard and risk assessment of the landslides by implementation carried out by […]