Resolving the Malaysian property overhang

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THE PHNOM PENH POST. 14TH APRIL: When Malaysia’s National Property Information Centre (Napic) released its overhang numbers for 2021 recently, it revealed that the Southeast Asian country is still far from resolving an issue that has been plaguing the property market for years. Not only are the numbers up on a year-on-year basis, but the […]

An insight into residential property overhangs in 2021

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THE SUN. 14TH APRIL: The recently released 2021 Property Market Report by the National Property Information Centre (Napic) shows a sign of recovery in the property sector. A total of 300,497 transactions worth RM144.87 billion are recorded, which is an increase of 1.5% in volume and 21.7% in value compared to 2020. Meanwhile, house price […]

Prices of new HDB flats in Keppel Club site to start at $380,000

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SINGAPORE BUSINESS. 13TH APRIL: Property experts said some of the 6,000 flats may be built under the PLH model. Prices of the new HDB flats to be built at the Keppel Club site, Greater Southern Waterfront (GSW), could start at $380,000 for a 3-room, estimates from a property expert showed. According to OrangeTee, some of the […]

TNB inks MoU with SP Setia to drive smart energy

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THE MALAYSIAN RESERVE. 14TH APRIL: TENAGA Nasional Bhd (TNB) has entered into a strategic partnership with SP Setia Bhd to provide smart energy and clean energy infrastructure at SP Setia’s housing projects as well as cultivate a greener lifestyle among Malaysian households. The partnership will equip SP Setia’s properties and developments with solar, battery and […]

Malaysians without a payslip can get housing loans using only their digital footprint soon

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TECH NAVE. 12TH APRIL: The Federal Government is set to launch a new residential property financing initiative called ‘i-Biaya’ this Thursday (14 April 2022) which will review the existing housing financial model in our country. With i-Biaya, new methods will be used to determine loan applicants’ eligibility, including their credit or digital footprint. The initiative, part of […]

MRT3 to revamp tender process, incorporate affordable housing

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FREE MALAYSIA TODAY. 13TH APRIL: While a comprehensive transportation network is central to the ambitious Mass Rapid Transit 3 (MRT3) Circle Line project, it will also be geared towards developing the nation, rejuvenating the economy and increasing the country’s competitiveness in the region. To reach these goals, there will be major changes to put a […]

Is the property sector on a bumpy road to recovery?

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NEW STRAITS TIMES. 12TH APRIL: RHB Investment Bank Bhd is apprehensive about developers’ earnings prospects this year, given the consistently high construction costs resulting from the surge in primary commodities such as crude oil, steel bar, copper, and aluminium. In a note yesterday, the investment bank said the resulting price hikes in cement, sand, tiles […]

i-Biaya to help boost home ownership among B40, M40

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NEW STRAITS TIMES. 12TH APRIL: The government is reviewing the existing housing financing model to better suit the needs of Malaysians in improving home ownership in the country, especially those in the B40 and M40 income groups. Housing and Local Government Ministry deputy secretary-general (housing and community wellbeing) Datuk Azhar Ahmad said many people, especially […]

Ang Mo Kio block can still be optimised through SERS: OrangeTee

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SINGAPORE BUSINESS. 9TH APRIL: The site is located near a new MRT station. The HDB has identified the site at Ang Mo Kio for Selective En bloc Redevelopment Scheme (SERS), which can lead to the construction of taller housing blocks, according to real estate firm OrangeTee. “We noticed that the land may not be fully optimised. […]

Living next to low-cost housing ‘diminishes property value’

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DAILY EXPRESS PROPERTY. 8TH APRIL: Malaysia’s resettlement programmes and the Zero-Squatter Policy of the 2000s, as well as the facilitation of low-cost housing in the 1970s, have arguably worked well to provide shelter as a basic human need and curb the formation of slums in the country’s cities. But neighbourhoods with more affluent property owners could […]