THE STAR. 15TH JULY: First-time homebuyers will get a stamp duty exemption on the instrument of transfer and loan agreement under the Keluarga Malaysia Home Ownership Initiative (i-MILIKI), says Datuk Seri Ismail Sabri Yaakob. The Prime Minister said homes valued at RM500,000 and below will get a 100% exemption, while properties over RM500,000 to RM1mil […]
SINGAPORE BUSINESS REVIEW. 15TH JULY: The government is sending a clear signal that in the long haul, stringent entry requirements are needed to be a property agent. This will raise the image and professionalism of the industry. – Tan Tee Khoon, chief executive of Singapore Accredited Estate Agencies As real estate prices started to increase from […]
EDGEPROP. 15TH JULY: Imagine buying a two-storey condo unit in your ideal location and at your dream price. Yes, you are reading it right – it has two storeys, and it is called a duplex unit, which comes with extra space for you on the upper floor. Meet the local duplex home In Malaysia, a duplex […]
THE MALAYSIAN RESERVE. 13TH JULY: Prime Minister Datuk Seri Ismail Sabri Yaacob has launched the Ministry of Defence Housing Blueprint 3.0 (BP3.0) to improve the welfare and housing of the Malaysian Armed Forces (ATM). This includes army veterans and civilians which is in line with Keluarga Malaysia’s aspirations of preserving the welfare of defence personnel. […]
PENANG PROPERTY TALK. 13TH JULY: Following a tradition, the new committee of the Real Estate and Housing Developers’ Association Malaysia (Rehda) Penang paid a courtesy call on Chief Minister Chow Kon Yeow in Komtar yesterday. The Rehda Penang delegation, led by its chairman Khoo Teck Chong, comprised immediate past chairman Tan Hun Beng, recent past chairman […]
EDGEPROP. 12TH JULY: Good times or not, Malaysian real estate value will continue to climb over the long term, albeit some at a stronger rate than others. There are, however, exceptions where property values have plunged but never recovered, even after decades. Fortunately, such sad incidents are few. Real estate investment is close to the […]
NEW STRAITS TIMES. 12TH JULY: The increase in the Overnight Policy Rate (OPR) is unlikely to dampen public interest in purchasing affordable homes during the Jom Beli Rumah Carnival 2022, which takes place this weekend. The Monetary Policy Committee of Bank Negara Malaysia (BNM) decided on July 6 to raise the OPR, which is the […]
PROPERTY GURU. 12TH JULY: Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican revealed that a three-day carnival in Kuala Lumpur will offer 10,000 affordable housing nationwide priced at RM300,000 and below. Meanwhile, Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) from 2.00% to 2.25%, […]
FINANCIAL REVIEW. 13TH JULY: Malaysian development giant Gamuda Land has seen opportunity where other Asian developers see challenges after unveiling plans to build 1000 apartments in Australia over the next five years. While the likes of Hong Kong-listed China Aoyuan Group and Chinese giants Poly and Greenland have all reduced their exposure to the Australian housing market, Gamuda […]
NEW STRAITS TIMES. 12TH JULY: ‘Karnival Jom Beli Rumah 2022’, scheduled to be held at the Mid Valley Exhibition Centre in Kuala Lumpur for three days beginning July 15, will offer 10,000 affordable homes nationwide, said Housing ad Local Government Minister Datuk Seri Reezal Merican Naina Merican. He said the carnival is primarily aimed at […]