ZADC
Private sector partnerships the way forward
In addressing the urgent need for affordable housing, the government will be putting greater emphasis on forming partnerships with private developers, said Deputy Minister of Federal Territories Datuk Dr Loga Bala Mohan. This could be achieved via two fresh government-backed initiatives, Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) and Perumahan... Read more
Sarawak Gov steps in to curb affordable home shortage   
  BY Pavither Sidhu Sarawak is facing a situation where there are too few houses priced below RM300,000 and too many above RM400,000. The unaffordability of the latter is further aggravated by tighter bank controls in giving out loans. State Housing and Tourism Minister Datuk Amar Abang Johari Tun... Read more
Long road to recovery
  BY Chris Prasad Positive signs may be creeping into the market, but the path to recovery will be long and sluggish, say industry experts. While the market expects to see marginal improvements in sale transactions in the second half of this year, many property consultants predict that it... Read more
ABM: Yes, there ARE loans for first-time buyers
BY Kent Tan  Having been on the pointy end of sharp criticism for some time, The Association of Banks Malaysia (ABM) has finally ended its silence on accusations that financial institutions have been “unfriendly” to first-time buyers. Among the charges hurled at banks is that they have been adopting... Read more
Market plagued by dangerous mismatch
BY Chris Prasad Bank Negara Malaysia (BNM) has come up with its strongest statement yet about the volatility of the property market, highlighting that there is currently a hazardous mismatch across its various sub-segments. In its annual report, the central bank was particularly critical about demand outstripping supply in... Read more
Suffer the youth

Suffer the youth

ViewPoint April 5, 2016

We have been more than a little unfair on young property buyers across the country. In fact, I believe we’ve royally shafted them. When I say “we”, I mean the “collective we”; developers, politicians, banks, and yes, the media. Basically, I’m pointing the finger at all of us that... Read more
Are foreign graduates better?
  BY Roznah Abdul Jabbar The comparison between local and foreign graduates did not start yesterday. In fact, it has been a regular quandary in just about every industry in Malaysia for some time, but does the argument hold water – that those who have crossed oceans are better... Read more
Malaysians pushing through fiscal pain barrier to buy
  Despite a sluggish market, the property sector will continue to see home buyers interested in purchasing, particularly residential property, a recent survey showed. The Consumer Sentiment Survey 2H 2015 conducted by leading real estate portal PropertyGuru.com.my found that 56 per cent of Malaysians are still interested to buy... Read more
KL office oversupply expected in 2019
Malaysia could see an oversupply situation in Kuala Lumpur when projects such as Tun Razak Exchange, Menara 118 and Bandar Malaysia are completed, according to JLL Property Services (M) Sdn Bhd’s managing director Y.Y Lau. She said that the likelihood of demand catching up with incoming supply will depend... Read more
BY Chris Prasad Some trepidation is seeping into the property industry with news circulating that we could soon lose a sizeable portion of our Ultra High Nett Worth Individuals (UHNWI), who may be seeking to live in greener pastures on foreign shores. Naturally, this will be a bitter pill... Read more