Penang Investment Chief Clears Air on BPO Prime Project
Penang Development Corporation (PDC) slammed reports that Temasek Holdings has withdrawn from its joint venture to develop the Business Processing Outsourcing Prime (BPO Prime) project in Bayan Baru. Read more...
Continue Reading • Jan 26, 2017
Hunza Properties to Build RM8bil Project in Penang
Hunza Properties plans to construct a mixed-use project in Penang in the business process outsourcing (BPO) industry. Read more...
Continue Reading • Jan 25, 2017
Overwhelming Response on 3rdNvenue by Titijaya Land Berhad
The worst for the property market seems to be over, as exemplified by the overwhelming response from buyers of 3rdNvenue located at Jalan Ampang. Strong response shows strong follower base for Titijaya Land. Read more...
Continue Reading • Jan 25, 2017
Two Huge Projects in Penang Deferred
Given the sluggish property market in Malaysia, two upcoming large-scale projects in Penang with a combined gross development value of RM11.3 billion have been postponed. Read more...
Continue Reading • Jan 24, 2017
EcoWorld, EPF to Build 2 Townships in Penang
Malaysia’s Employees Provident Fund (EPF) has teamed up with Eco World Development Group Bhd (EcoWorld) for the construction of two townships in Penang. Read more...
Continue Reading • Jan 24, 2017
Developers Worried Over Stamp Duty Amendment
Developers fear that several of the proposed amendments to the Stamp Act of 1949 will significantly raise the cost of doing business in the property sector.
Continue Reading • Jan 23, 2017
Bon Estates Ushers in a New Dawn This CNY by Revitalising the Unity of Home and Heart
Ancient Chinese tradition denotes that the rooster is a symbol of hard work, resourcefulness, courage and talent. Fittingly, Bon Estate heralds in a new dawn in the new lunar year of the rooster.
Continue Reading • Jan 23, 2017
KL Office Rent May Fall on Supply Glut
With demand for office space continuing to drop from 2016, Kuala Lumpur and its surrounding areas are expected to witness an office supply glut that could lead to a decline in rent, according to JLL Malaysia.
Continue Reading • Jan 20, 2017
Top New Developments of Petaling Jaya
Land in Petaling Jaya is scarce, and the few remaining empty plots are extremely valuable. Developments built on the available plots command a high price and hold great value.
Continue Reading • Jan 20, 2017
Upscale Home Prices May Fall Further
Prices of luxury homes, especially strata units, are expected to decline this year due to the absence of the Developer Interest Bearing Scheme (DIBS)
Continue Reading • Jan 20, 2017
Central Bank Keeps OPR at 3%
In line with the expectations of most economists, Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) maintained the overnight policy rate (OPR) at 3.0 percent during its latest meeting on Thursday (19 January).
Continue Reading • Jan 20, 2017
More Developers Zoom in on Affordable Housing
Developers are expected to venture into more affordable housing developments in 2017, as property investment still remains a popular investment option in Malaysia. Read more...
Continue Reading • Jan 19, 2017
39 Strata Owners Lose Case Against MRT Corp
Malaysia’s Court of Appeal dismissed the legal case jointly filed by 39 strata owners of Ampang Park Shopping Centre against MRT Corporation and other government agencies for the compulsory acquisition of their units. Read more...
Continue Reading • Jan 19, 2017
Shorter Moratorium Defeats PR1MA Objective, Says HBA
Government initiative to reduce the moratorium period on the resale of 1Malaysia People’s Housing (PR1MA) homes from ten to five years is slammed by National House Buyers Association (HBA). Read more...
Continue Reading • Jan 19, 2017
Government Raises Income Cap on PR1MA Homes
The authorities have increased the limit on the required monthly household income from RM10,000 to RM15,000, and reduced the moratorium on home sale and rental from 10 years to five years. Read more...
Continue Reading • Jan 19, 2017
Rules on Short-Term Rentals Vary in Malaysia
AirBnB is a great source of side income if you have an extra room in your house or if you are a property investor with properties to rent out. But did you know that there are rules in selected areas that govern this practice? Read more...
Continue Reading • Jan 19, 2017
Malaysia Property Buyers' Concerns in 2016
2016 was a slow year for the property market in Malaysia. The main issues that plague property buyers are affordability, loan eligibility and insufficient income among others. Read more...
Continue Reading • Jan 19, 2017
MOU Signing Ceremony on 8th Jan 2017
RnF Properties Co., Ltd. signs strategic cooperatives with various popular franchises, amongst them Hyatt Hotels Corporation, MBO Cinemas, Voir Group, YFS, A-LOOK eyewear, SM+CY and Restaurant Todak on the phase 1 of its Commercial Mall.
Continue Reading • Jan 18, 2017
Penang's South West District Sets to Be the next Booming Township in Penang
Over the past years, investors and property experts have been talking about Penang properties being too cluttered and that Penang is running out of land for further developments - but locals believe otherwise. Read more...
Continue Reading • Jan 18, 2017
HIL Buys Two Future Projects with GDV of RM375.2mil
Plastic solutions provider HIL Industries Bhd plans to expand its property arm, by acquiring two firms with a total gross development value (GDV) of RM375.2 million. Read more...
Continue Reading • Jan 17, 2017