NEW STRAITS TIMES. 4th OCTOBER: The government is urged to give priority to solving the issue of high housing loan interest rates as well as dealing with the problem of unsold houses in the 2023 Budget which will be tabled on Oct 7. Lecturer at the Faculty of Human Ecology in Universiti Putra Malaysia Prof Dr […]
EDGEPROP. 4th OCTOBER: “One wonders if Bursa can approve such listings in such circumstances, which is made more difficult because there is no proposal submitted to the state or local government, no real approval made by either the state or local government, and it does not seem to have any real foreseeable sources of income.” Member […]
PENANG PROPERTY TALK. 3RD OCTOBER: Property analysts and housing developers said any further interest rate hike on the property sector will be minimal and only create headwinds in the short term. They said a rate hike would undoubtedly dampen consumer sentiment, but this could be mitigated by strong economic growth. AmBank Research equity research analyst Khoo […]
MALAYSIAKINI. 2ND OCTOBER: We refer to the National HBA write-up in iProperty dated Aug 22, 2022, under the heading “Rising number of “sick” or delayed housing developments in Malaysia: Why is this happening?” where House Buyers Association (HBA) highlighted the statistics on problematic housing property business in Malaysia. Victims Malaysia estimates about 52,000 house buyers are currently affected as of July 2022 with estimated […]
EDGEPROP. 30TH SEPTEMBER: Gamuda Land chief executive officer Ngan Chee Meng said in its five-year plan, it would likely achieve 25 projects in total given the growing population and prospects in countries where it currently operates, including Australia, the UK, Vietnam and Singapore. Gamuda Land, the property arm of Gamuda Bhd, has plans to launch […]
EDGEPROP. 30TH SEPTEMBER: To ensure sustainable growth of the construction industry, MBAM president Oliver Wee Hiang Chyn hopes the government will use its development budget to boost the adoption of the Industrialised Building System (IBS) and implement planned public projects, such as affordable housing. Master Builders Association Malaysia (MBAM) has announced its Budget 2023 wishlist, […]
MALAY MAIL. 30TH SEPTEMBER: Sarawak Premier Tan Sri Abang Johari Openg today said the state government has agreed to set up a strata tribunal as a venue to hear disputes between the developers and strata property buyers. He said the setting of the strata tribunal will make the housing industry, as far as strata title […]
THE EDGE MARKETS. 30TH SEPTEMBER: The Johor Baru property market is showing signs of improvement following the start of the country’s transition to the endemic phase on April 1 and the reopening of borders, according to KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan when presenting The Edge | KGV International Property Consultants Johor […]
THE EDGE MARKETS. 29TH SEPTEMBER: Petaling Jaya’s SS2 is an established neighbourhood that is easily accessible via a road network that includes the LDP (Damansara-Puchong Expressway), Sprint Expressway and Jalan Harapan. Known mostly for its main commercial hub — bordered by Jalan SS2/55, SS2/24, SS2/75 and SS2/66 — SS2 was developed in the 1970s by […]
FREE MALAYSIA TODAY. 29TH SEPTEMBER: Sabah chief minister Hajiji Noor has hailed the launch of the Rumah Mesra Sabah Maju Jaya (SMJ) project, which is set to see the construction of 1,500 units of affordable housing in the state each year. Hajiji, who presented keys of completed Rumah Mesra SMJ homes at Menumbok and Kuala […]