NEW STRAITS TIMES. 13th OCTOBER: The selling prices of residential properties in the country are anticipated to rise next year, given that the cost of doing business has increased by an average of 17 per cent in the first half of 2022 (1H2022). The increasing cost of doing business will affect home prices going forward, […]

EDGEPROP. 12th OCTOBER: Malaysian developers remain mostly neutral about the property industry’s outlook and the economic environment in the second half of 2022 (2H2022) and 1H2023, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said. Of the 150 developers who responded to the Property Industry Survey 1H2022 and Market Outlook 2H2022/1H2023 released on Wednesday, […]

THE SUN DAILY. 12th OCTOBER: Malaysian developers remain mostly neutral about the property industry’s outlook and the economic environment in the second half of 2022 (H2 2022) and H1 2023, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said. Of the 150 developers who responded to the Property Industry Survey H1 2022 and Market […]

PROPERTY GURU. 12th OCTOBER: While property developers welcome the increased stamp duty exemption of 75%for first-time buyers of homes priced above RM500,000 to RM1 million, they urge the government to extend such exemption to all buyers. Meanwhile, Datuk Seri Mustapa Mohamed, Minister in the Prime Minister’s Department (Economy), said a total of 7,615 development projects […]

FREE MALAYSIA TODAY. 13th OCTOBER: Muhibah Sekitar Sdn Bhd has taken over the development of a condominium project that was abandoned in 2018 to help potential buyers who were left high and dry by the previous developer. The company, which is the new land owner, has been given the green light to develop the 1.7ha plot […]

NEW STRAITS TIMES. 12th OCTOBER: Real estate developers have a neutral stance towards the property sector’s outlook and domestic economic environment in the next 12 months, particularly in the first half of 2023. The Real Estate and Housing Developers’ Association Malaysia (Rehda) said this was based on the 150 respondents to the Property Industry Survey […]

THE MALAYSIAN RESERVE. 12th OCTOBER: The Real Estate and Housing Developers’ Association Malaysia (Rehda) is expecting the property sector to have a neutral outlook for the first half of next year (1H23). The association said the outlook is derived from the outcome of the Property Industry Survey 1H22 and Market Outlook for 2H22 and 1H23 which […]

THE EDGE MARKETS. 12th OCTOBER: Property developers in Peninsular Malaysia reported a 26% decline in unit launches and a 5% sales drop in the first half of 2022 (1H2022) from the second half of last year (2H2021), according to Real Estate and Housing Developers’ Association (Rehda) Malaysia. Rehda’s survey of 150 respondents released on Wednesday […]

PENANG PROPERTY TALK. 11th OCTOBER: Despite the welcoming Budget 2023, the Real Estate and Housing Developers Association (Rehda) Malaysia will appeal to the government to consider extending the 75% stamp duty exemption to all buyers which will end on Dec 31, 2023. President Datuk NK Tong said the duty stamp is not just for first-time […]

NEW STRAITS TIMES. 11th OCTOBER: The RM55 billion in subsidies and incentives announced by the government during the tabling of the 2023 Budget are anticipated to address affordability difficulties among the general population, says Sheldon Fernandez, country manager for PropertyGuru Malaysia. The firm congratulates the government for establishing a programme that would give first-time homebuyers […]