THE EDGE MARKETS. 25TH APRIL: Singapore’s property boom has left the tiny island state with a record low number of new homes for sale, threatening to undermine government efforts to calm the market. While property curbs have already begun to take effect, the shortage in supply, combined with resilient demand during the pandemic, may continue […]
EDGEPROP. 20TH APRIL: The Johor State Housing Development Corporation (PKPJ) will make the implementation of the Housing and Development Board (HDB) of Singapore development concept its benchmark in providing comprehensive affordable housing development planning in every district in the state. Menteri Besar Datuk Onn Hafiz Ghazi said to do this, PKPJ will need to take […]
FREE MALAYSIA TODAY. 20TH APRIL: A proposed new law on tenancy of rented houses, which is to deal with racism in the housing market, has drawn two opposing views on when it should be taken to Parliament. A representative of house buyers, Chang Kim Loong, says the government should focus on the economy instead as […]
FREE MALAYSIA TODAY. 18TH APRIL: Home buyers in Malaysia are generally required to put down a 10% down payment for the purchase of a property, with a home loan covering the remaining 90% of the purchase price. Typically, this 10% down payment is broken down into a non-refundable 2% or 3% earnest deposit, which is […]
FREE MALAYSIA TODAY. 16TH APRIL: According to the National Property Information Centre (Napic), the performance of the local property market improved last year but has yet to match pre-pandemic levels recorded before 2020. More than 300,000 transactions worth RM144.87 billion were recorded in 2021, an increase of 1.5% in volume and 21.7% in value compared […]
THE MALAYSIAN RESERVE. 15TH APRIL: The govt is aware that individuals with no fixed income or payslip would face difficulties in purchasing a house The government will assist low-income families to have their own homes through the Malaysia Housing Financing Initiative (i-Biaya) which was launched yesterday. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (picture) said the […]
EDGEPROP. 14TH APRIL: Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru. Previously, CGDB’s judicial review applications were heard on July 17, 2019, whereupon the High Court dismissed CGDB’s application for […]
PROPERTY GURU. 13TH APRIL: Imagine returning home to a green landscape, where the soft breeze carries chilled air across the fresh atmosphere. Your home presides upon an elevated plane, overlooking the sprawling meadows and a backdrop of clear blue skies of Seremban 2. The abundance of flora is testimony to the vernacular spaces carefully planned to […]
FREE MALAYSIA TODAY. 14TH APRIL: The High Court here has dismissed the government’s bid to forfeit money kept in various bank accounts, and properties from 45 individuals and companies alleged to have been involved in online gambling. Judicial commissioner Radzi Abdul Hamid held that the government had failed to prove the case on the balance […]
FREE MALAYSIA TODAY. 14TH APRIL: According to the Property Market Report 2021 by the National Property Information Centre (Napic), residential property overhang increased to an all-time high last year of 36,863 units worth RM22.79 billion, marking a 24.7% increase in volume and 20.5% rise in value compared with 2020. Napic defines “overhang” as residential units […]