Too many schemes confuse house buyers, says HBA
BY Roznah Abdul Jabbar House buyers do not need a new scheme to aid them in owning a home as there are many existing schemes which are underutilised, said secretary general of National House Buyers Association (HBA) Chang Kim Loong. Responding to a recent news report on the expectation... Read more
Mixed performance for prime development land in Asia
  BY Chris Prasad Knight Frank’s recently released Prime Asia Development Land Index report for H1 2016 has revealed that land development volumes in Asia have matched the level registered in the same period the previous year. However, performances have varied across the board, with some key markets shrinking... Read more
Slow growth is still growth
  BY Chris Prasad KUALA LUMPUR – A marked downtrend in market activity over the past two years has had a substantial impact on the property sector, but despite the subdued market performance and a noticeable drop in transactions, residential property prices have continued to rise – albeit at... Read more
Rate cuts won’t help much
BY Roznah Abdul Jabbar The interest rate cut following the reduction of the Overnight Policy Rate (OPR), though seems to be good news for house buyers, will not contribute much to the market as the real problem is not the interest rate but the lending liquidity. According to Kenanga... Read more
Flattish market for a while, say industry experts
BY Roznah Abdul Jabbar The property market, especially the residential sector, will remain flat, not only in the second half of the year but for a period beyond it, said managing director of valuation firm, Khong & Jaafar Sdn Bhd, Elvin Fernandez. Speaking at the press conference at the... Read more
OPR reduction: is it really all good news?
  BY Roznah Abdul Jabbar  The recent cut on the Overnight Policy Rate (OPR) to three per cent from the previous 3.25 per cent is said to be a boost to the consumer sentiment and property market, although not significantly. However, not all agree on the scope of its... Read more
Signs of life in the second half
BY Chris Prasad After a subdued first half of the year, there are now indications that the second half might see greater market activity, particularly from developers that have thus far been sitting on the sidelines. Also timely is Bank Negara Malaysia’s (BNM) recent decision to cut the overnight... Read more
ATO blow to Aussie  property market
  BY Chris Prasad Australia’s position as a choice investment destination for Asian property seekers has come under threat following the introduction of a new ruling by the Australian Tax Office (ATO). The new ruling stipulates that for properties valued at more than AUS$2 million (RM6.06 million), 10 per... Read more
Southern expansion and the Puchong gateway
BY Chris Prasad By now, most Malaysians would have come to terms with the fact that the economy is not as healthy as it once was, and that it may take some time before we return to solid ground. Naturally, in the current environment of uncertainty, many of our... Read more
The scary truth about affordability
A QUESTION OF WHAT MALAYSIANS CAN (OR CAN’T) AFFORD IN 2016 BY Ernest Cheong In addition to the economic recession, there is no denying that the property bubble vis-à-vis the Malaysian property market has burst as evidenced by: i) Rapid increase in property prices from 2010 to 2014 ii)... Read more