Local & Regional Updates

GLOBAL THOUGHT LEADERS TO SHARE INSIGHTS ON SMART LIVING AND URBAN INNOVATION AT SLIC 2018

KUALA LUMPUR, 25 July 2018 – The Smart Living and Innovation Caucus 2018 (SLIC 2018) will see local and global speakers sharing their insights on environmental stability, sustainability, design and architecture, ideas and inventions; and livability and mobility ...
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MALAYSIA INSTITUTE OF ESTATE AGENTS: CONFIDENCE GAINING PROPERTY MARKET THROUGH 2018

MIEA anticipates a ‘confidence’ gaining property market through 2018 Association refocuses industry training programmes on skill development for real estate fraternity Petaling Jaya, August 9, 2018: Malaysian Institute of Estate Agents (MIEA) Mr Lim today said that the Malaysian ...
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Housing Scheme Allows Tenant to Become Owner in Future

June 2018 – All Federal housing projects in the state will be overseen by the Penang government, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. He said among the projects are affordable housing, low ...
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Malaysian Association of Hotels Highlights Need to Scrap Tourism Tax, Regulate Airbnb

The Malaysian Association of Hotels has urged the government to scrap the tourism tax and regulate the Airbnb service. It’s president Cheah Swee Hee said that the two issues were among the things discussed in a meeting with ...
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EcoWorld Berhad : A company of Value

EcoWorld Berhad’s net profit surged 461% to RM116.16mil in the first quarter ended Jan 31, 2017 compared with RM20.67mil in the same period last year, due to gain on dilution of its equity interest in Paragon Pinnacle. The ...
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e-Lelong System a RM80 Million Monopoly in Disguise – Chief Registrar of the Federal Court (PKPMP) only tells half of the Truth

We refer to the Article dated 18th March 2018 by the Chief Registrar of Federal Court of Malaya concerning the E-Lelong published by the Sun Daily . 1) According to Federal Court Datuk Seri Latifah Mohd Tahar,  he ...
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Malaysian Government asked to involve Auctioneers in new E-Lelong System to avoid Monopoly and Rash Decisions

KUALA LUMPUR, March 17 — The Auctioneers Council of Malaysia (ACM), also known as Majlis Pelelong Malaysia urged the government today to include them in discussions on the implementation of the e-lelong system. The High Court of Malaya ...
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Auction Company launches First Hybrid Auction For Cars & Properties

KUALA LUMPUR: Auction company, Ng Chan Mau and Co Sdn Bhd today launched the first ever hybrid auction in the country. Its business director Low Chee Hian said the new system would allow the public to have an ...
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Real Estate Market Conditions of Malaysia

Introduction Despite speculation of a property market crash, Malaysian banks had been performing well in the KLSE market recently. There had been many rumours, speculations and insights on our current economic conditions. Malaysia Property Times took the opportunity ...
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B40 Scammed of RM6.2mil in Fake Affordable Homes

In a bid to curb property-related frauds, the Urban Wellbeing, Housing and Local Government Ministry (KPKT) created a special committee that will investigate affordable housing scams while new conditions have been introduced to the Advertisement and Sale Permit ...
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Property Market Performance is Positive

KUALA LUMPUR, 16 AUGUST 2017: Real estate industry leaders and experts gathered at the inaugural PropertyGuru Malaysia Real Estate Summit held today at the InterContinental Kuala Lumpur. Themed, “Shaping the Future of Malaysian Real Estate”, it assembled more ...
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Real Estate Finance, Investment Analysis, Valuation & Modelling

Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner. This has not always been available, with the ...
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Cyberview Sdn Bhd Confirms Appointment of Gadang Engineering (M) Sdn Bhd to Build Cyberjaya Hospital

CYBERJAYA – 11 August 2017 – Cyberview Sdn Bhd has today confirmed the appointment of Gadang Engineering (M) Sdn Bhd, a subsidiary of Gadang Holdings Bhd as the principal contractor for the Cyberjaya Hospital. The appointment concludes a ...
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INTERNATIONAL CONFERENCE ON WORLD CLASS SUSTAINABLE CITIES 2017

The 9th edition of the ‘INTERNATIONAL CONFERENCE ON WORLD CLASS SUSTAINABLE CITIES 2017’ (WCSC 2017) will be held on 10 August 2017 (Thursday) at the Royale Chulan Kuala Lumpur Hotel, Kuala Lumpur, Malaysia. Themed ‘TRANSFORMING CITIES: DESIGN, NATURE & HUMAN LIVES’, this ...
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Real Estate Valuers are Professionally Qualified Property Managers

Real estate valuers are also professionally qualified property managers, and these two functions of the real estate valuer are stated in the Valuers Appraisers and Estate Agents Act 1981 (Act 242), said the Royal Institution of Surveyors Malaysia ...
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ASTAKA’S ONE BUKIT SENYUM IN JOHOR CONFERRED NODE STATUS

Johor Bahru/Singapore, 26 July 2017 – One Bukit Senyum, Johor’s upcoming RM5.4 billion administrative and commercial hub, has been granted node status – an area where the developer and promoted businesses can enjoy tax incentives – by Malaysia’s ...
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Hatten Land Unveils SATORI, Melaka’s First WellnessThemed Mixed Development

SINGAPORE / MELAKA, MALAYSIA, 21 July 2017 – Melaka Chief Minister Datuk Seri Utama Ir. Haji Idris bin Haji Haron unveiled today SATORI, the state’s first wellness-themed mixed development in a ground-breaking ceremony that drew over 200 guests ...
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Strict lending rules contribute to unsold property stocks

PETALING JAYA: Stringent lending rules is a major factor contributing to the rise in unsold stocks in the property market, according to Real Estate and Housing Developers Association (Rehda). Its president Datuk Seri FD Iskandar, who was revealing ...
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Majority of Malaysians want to own a home in next 6 months

PETALING JAYA: More than half of Malaysians surveyed want to own a home within the next six months, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda). However, stringent lending rules continue to be a major ...
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Investors upbeat about Malaysian property

PETALING JAYA: Despite the less-than-stellar performance of many listed property companies during the recent corporate earnings season, investor confidence in local property stocks has actually been steadily increasing this year. Year-to-date, the KL Property Index (made up of ...
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Affordable housing: ‘1m – unit shortage by 2020’

By BUSINESS TIMES THE Klang Valley is the fastest-growing area in Malaysia, but the population boom has brought a surge in housing costs, which have become an increasing worry for all stakeholders, said experts. Bank Negara Malaysia deputy ...
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PublicInvest: Property prices are expected to hold

KUALA LUMPUR: PublicInvest Research maintains that the property market will remain challenging in 2017 due to the difficult trading environment currently, driven by weak sentiment, low affordability, stricter bank lending and rising incoming supply. “The sector is also ...
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Chinese Overseas Real Estate Investment Hits New Record of $33 billion in 2016

Hotel and industrial sectors saw biggest rise in investment According to the latest JLL’s Global Capital Flows data, China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 ...
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Insights: Malaysians are complaining that property prices are getting more expensive. But where do we stand?

One of the highest recorded property transactions (as of 2014) with its price per sq ft in other nations for residential property (ranked from top to bottom):- 1. Hong Kong, China Average price per square foot: 7,200 pounds ...
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Property Times is now Connected

Property Times Magazine is now available on all major book stores including MPH, Borders, Popular and over 1,000 retail book stores nationwide. Get your copy now! Peninsula Malaysia: RM 7.50 East Malaysia: RM 8.50 For free articles, updates ...
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Asian Real Estate Market : Summary of the Market Conditions

“Ever since the 1997 Asian financial crisis, property markets have greatly developed through the years. Asian governments have improved the financial stance associated with the structure of housing finance, allowing more access to a diverse range of mortgages ...
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Ipoh & Macau towards “Twin Cities” – More Influx of Tourists to visit Perak

Twinning Efforts by Macau and the Perak State Government Lately, Macau Media Group, a Macau Firm paid a visit to Ipoh during Chinese New Year to seek out co-operation deals for various purposes. It was reported that the ...
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Real Estate Expert Found Cause of Malaysian Bubble – Prompt Government to Take Action

Malaysian prominent real estate economist Tham Kuen Wei warns of a potential property bubble in Malaysia, but the government must take correct and prompt procedures to intervene while allow for market forces to coordinate supply and demand. In an interview with MPT, Worldwide Properties ...
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