THE SUN. 4TH JULY: The high price-to-income ratio has put owning a house beyond the reach of many young Malaysians. Research groups say the ratio, which is the standard of measurement for housing affordability, is a key reason for the current state of affairs. Think tank Emir Research head of social, law and human rights Jason […]
THE SUN. 4TH JULY: Some 29 property units under the Malaysian Civil Servants Housing (PPAM) programme and 31 units under 1Malaysia People’s Housing Programme (PR1MA) in Kuala Lumpur are up for rent, ranging from RM800 to RM2,000 monthly. The properties are listed on Mudah.my, an online marketplace to buy and sell a variety of products and […]
FREE MALAYSIA TODAY. 2ND JULY: The National Property Information Centre’s (Napic) property market snapshot for the first quarter of this year (Q1 2022) shows residential overhang has dropped marginally to 35,592 units valued at RM22.45 billion. Last year, the volume of residential overhang reached an “all-time high” of 36,863 units valued at RM22.79 billion. As of […]
THE STAR. 2ND JULY: A total of 153,712 affordable housing units in Johor are yet to be built by property developers in the last 25 years. Johor housing and local government committee chairman Datuk Mohd Jafni Md Shukor said the number was based on planning permission approval data for layout plans in all local authorities throughout […]
EDGEPROP. 30TH JUNE: KSK Land has announced the structural completion of Tower B of YOO8 serviced by Kempinski in 8 Conlay, Kuala Lumpur. In a statement on Thursday (June 30), KSK Land group chief executive officer and managing director Joanne Kua said: “Following the structural completion of YOO8 Tower A late last year, we are […]
THE STRAITS TIMES. 27TH JUNE: Landed properties valued at more than RM500 million (S$157 million ) are rotting in space-scarce Penang island, where residential and commercial buildings fetch lucrative prices. Penang Island City Council (MBPP) councillor Wong Yuee Harng said that while more than RM300 million worth of heritage and pre-war buildings (commercial and residential) […]
EDGEPROP. 24TH JUNE: You’ve done your property window shopping – visiting sales galleries and even walking around some neighbourhoods to get a feel of the surroundings you wish to make your forever home. When you have found it, your property agent helps you to apply for your housing loan. Days later, your agent informs you […]
NEW STRAITS TIMES. 24TH JUNE: The Terengganu state government is looking into several strategies to make property ownership equitable and fair for everyone. The government has also decided to waive development fees for privatised type A and type B affordable housing projects built on public property starting April 2022, according to Ahmad Shah Muhamed, deputy […]
THE EDGE MARKETS. 23RD JUNE: The Sabah residential property market ended 2021 on a better note compared with the start of that year and this upward trend is likely to continue in 2022, according to Rahim & Co regional manager (Sabah) Max Sylver Sintia in presenting The Edge | Rahim & Co Kota Kinabalu Housing Property Monitor […]
EDGEPROP. 22ND JUNE: Desa ParkCity Kuala Lumpur has been chosen as one of the 13 regional winners of the 2022 Urban Land Institute Asia Pacific (ULI APAC) Awards for Excellence. Desa ParkCity is the flagship master-planned township by Perdana ParkCity Sdn Bhd (the development arm of ParkCity Group). The achievement marks Desa ParkCity as the […]