ZADC
Who benefits from Budget 2018?
WHAT DOES THE PROPERTY MARKET STAND TO GAIN (IF ANYTHING)? The likely good news is, if you are a farmer, fisherman, factory worker or bottom-tier civil servant, this budget is all about you. If you are a middle-income earner looking to move up the property ladder or even make... Read more
PropertyGuru to lend buyers a helping hand
RM50,000 IS YOURS IF YOU WIN THE ‘MY DREAM HOME’ CONTEST BY Zoe Phoon Affordability and homeownership remain challenges for most Malaysians, especially first-time buyers. Now, here’s an answer to getting onto the property ladder – but you have to enter a contest, then RM50,000 is yours if you... Read more
Govt to double up on PPA1M offering
The federal government has announced that it will double the number of units to be developed under the 1Malaysia Civil Servants Housing (PPA1M) programme to 200,000 units. Prime Minister Datuk Seri Najib Razak made the announcement during a handover of keys ceremony for the Selasih PPA1M project in Putrajaya’s... Read more
Bank Negara maintains OPR at 3% (for now)
Some called it wrong, some called it right, but inflation concerns persist and many wonder how long the overnight policy rate can remain unchanged. Although Bank Negara Malaysia (BNM) decision to retain an OPR of 3% last week produced an audible sigh of relief among those who have already... Read more
More affordability from Sime Darby
Leading developer Sime Darby Property (SDP) is showing its commitment to the Rumah SelangorKu housing scheme with a new project, dubbed Harmoni 1, which will take shape in Putra Heights in Subang Jaya, Selangor. The affordable homes high-rise project comprises 1,700 apartment units that will be priced between the... Read more
Make your home an income property (while you live in it)
HERE ARE SIX IDEAS YOU COULD EMPLOY TO GET YOU STARTED   Story Credit: www.onecrazyhouse.com Rent a Room Gone are the days where a roommate needed their own exit/entrance or even their own bathroom. You can rent out individual rooms as bedrooms. We let someone live in our spare... Read more
Asia Pacific realty softens, China bucks trend
Commercial real estate investment in Asia Pacific has seen a general slowdown across the region but appetite for mainland Chinese real estate remains robust, South China Morning Post reported, quoting analysts. Completed sales of properties in the region, excluding development sites, totalled US$30.4 billion (RM129.27 billion) in the third... Read more
Global economic and banking crisis looming
BY Ernest Cheong We are living in very perilous times. Since the beginning of 2015, the economic situation in Malaysia has worsened in tandem with the worsening global economy particularly in Europe and the United States. Reuters reported in 2015 that falling oil prices have driven Malaysia’s current account... Read more
Mapex does its bit to promote home ownership
The Malaysia Property Exposition (Mapex), deemed one of the most well-known property expositions locally, made its final series in Klang Valley from Oct 21-23 at the Mid Valley Exhibition Centre. Themed “Home Ownership Through Smart Financing”, Mapex 2016 features various property selections and attractive financing packages, said Datuk Ng... Read more
Mixed responses from property players
BY Roznah Abdul Jabbar Property industry stakeholders’ responses to Budget 2017 announced by Prime Minister Datuk Seri Mohd Najib Razak have been mixed. According to the research division of Public Investment Bank Bhd, property-related wish lists were totally ignored with matters made worse by the 1 per cent increase... Read more