ZADC
Newsflash: Better home discounts for firemen
The government is looking to recognise the service and dedication of firemen in the country by subsidising a portion of the cost of affordable homes for staff of the Fire and Rescue Department (Bomba). Earlier this week, Housing and Local Government Minister Zuraida Kamaruddin said the government could allocate... Read more
Residential co-living trend picking up in Asia
ASIAN MILLENNIALS ARE NOW SHARING MORE THAN WORK SPACES AND TRANSPORT BY Chris Prasad A recent report by international property consultant Jones Lang LaSalle (JLL), entitled “Bridging the Housing Gap”, reveals that Asian millennials are now beginning to adopt a more communal attitude towards living as a means to... Read more
Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Double joy for SP SETIA at MPA 2017
  There was double success for SP Setia at the recent Malaysia Property Award 2017, with two awards going their way – the Affordable Housing award and the much-coveted Master Plan Gold award. Organised by FIABCI-Malaysia, the glitzy award gala ceremony offers recognition to outstanding Malaysian developers and their... Read more
Of UK rate hikes and waning buyer, seller interest
 BY Zoe Phoon The Bank of England has hiked its benchmark interest rate for the first time in more than a decade, from record lows of 0.25% to 0.5% on Nov 2. The move is widely expected to affect millions of households as rates on savings, mortgages and other... Read more
Does Budget 2018 reflect our 2020 goals?
 PEPS WEIGHS IN ON THE GOOD, THE BAD AND THE UGLY… For those who are not in the know, “PEPS” is the very succinct abbreviation of the elaborately-named Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia (or, in Bahasa Malaysia, Persatuan Penilai,... Read more
PRG, SPNB in Ipoh affordable housing tie-up
Investment holdings group PRG Holdings Sdn Bhd (PRGH) is poised to embark on its first affordable housing development in Ipoh, Perak, with the help Syarikat Perumahan Negara Bhd (SPNB) following the acquisition of land parcels within the state. Recently, the group’s wholly-owned subsidiary Premier Construction Sdn Bhd (PCSB) entered... Read more
250,000 PR1MA units approved
Despite some measure of criticism thrown in its direction, PR1MA Corp Malaysia announced that as at September 2017, more than 259,880 units under the 1Malaysia People’s Housing (PR1MA) programme have been approved for construction nationwide. Of these, 141,661 units are currently in various stages of development, said PR1MA Corp... Read more
Answering the call for affordable homes with LBS Skylake Residence
AFFORDABILITY, SECURITY, STYLE AND CONVENIENCE GO HAND-IN-HAND TO OFFER VALUE FOR MONEY AT LBS BINA’S NEWLY UNVEILED PROJECT Multi-award winning developer, LBS Bina Group Berhad (LBS) mid-income home buyers deserve a property option that incorporates style, security, convenience, and most of all, an affordable price tag. In of the national... Read more
Pessimism lingers among Malaysian developers
CAN THE UPCOMING BUDGET 2018 PROVIDE IMPETUS TO LIFT SPIRITS? Remember how market players were more optimistic about 2017 back in 2016? Well, things evidently haven’t panned out as planned and this has soured the overall mood considerably. If ever there was a sign that developers remain jittery about the... Read more