ZADC
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
Ticking time bomb Down Under
RISING HOUSEHOLD DEBT POISED TO HURT, WHILE HOUSE PRICES ARE BEING CITED AS BEING ‘DANGEROUSLY DUMB’   BY Chris Prasad Australians have reportedly borrowed up a storm and are now racking up extreme levels of debt to buy homes in a landscape that already houses some of the world’s... Read more
KL among cities that matter most to world’s most wealthy
BY Zoe Phoon Kuala Lumpur’s overall rank, in terms of urban power, is 31st out of 40 cities ranked in Europe, North America, Asia, Australasia, the Middle East and Latin America, according to the Knight Frank City Wealth Index 2017. While, it sits on the bottom half of this... Read more
Which Asian cities offer the best property bargains in 2017?
PwC RATES INDIAN CITIES AS TOP TWO CONTENDERS A report from international business news agency Bloomberg cites India as not only the fastest growing economy in the world, but also a market that will offer the best real estate investment deals in the year ahead. A global survey has ranked... Read more
Seoul, the city with soul
BY Zoe Phoon The inaugural Seoul Biennale 2017, or Seoul Biennale of Architecture and Urbanism 2017, to be held in the South Korean capital from September to November, is an event not to be missed. Why? According to Alejandro Zaera-Polo, a co-director of Seoul Biennale 2017 and a professor... 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
‘Strong man’ Philippines beckons international investors
With the Philippines no more the “sick man of Asia” and instead a “strong man” now, high-end resorts are mushrooming on its islands to meet the burgeoning demand of holidaymakers and international investors. These 7,000 islands provide a breathtaking paradise of sandy beaches, lush vegetation and azure waters teeming... Read more
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
Thais on the hunt for London bargains 
Thai investors have long considered London a choice destination for an overseas property purchase, but the decline of the British pound in the aftermath of Brexit has bolstered buying interest among those looking to take advantage of this rare opportunity. The pound has depreciated by about 12 per cent against the Thai baht since June. Buying interest... Read more
Don’t be “house poor”, cautions HBA
By Roznah Abdul Jabbar Potential house buyers need to educate themselves so that they do not just aspire to own a home, but are also focussed on avoiding a situation where they become disappointed and “house poor”, warns The National House Buyers Association (HBA). “Our recommendation is to encourage... Read more