Return of cooling measures for S’pore property
Just days after Singapore’s monetary authority fired a warning shot across the bow of the country’s overheating market, the government announced that it would raise the additional buyer’s stamp duty (ABSD) and tighten loan-to-value (LTV) limits on residential property purchases. While the move comes as a surprise to many,... 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
Sunway unveils first pre-fab luxury home
Sunway Property, the property arm of Sunway Bhd, completed the country’s first luxurious pre-fabricated home, Sakura Residence in Sunway Iskandar, Johor Bahru. The project, a joint venture with Daiwa House Malaysia Sdn Bhd, is located within Sunway Iskandar’s Parkview Precinct and will be a private gated community with a... 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
Penang to pounce on affordable scheme abusers
The Penang state government is said to be discussing legal options on appropriate measures to be taken against those who abuse the affordable housing system following recent accusations of foul play. According to a Bernama report, Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo (inset) said... Read more
Sustainability made affordable in Semenyih
BY Roznah Abdul Jabbar Most of today’s home buyers are on the lookout for sustainable developments to satisfy their yearning for green surroundings and lifestyle preferences while doing their bit for the environment. Once considered rare and expensive, sustainable developments are now becoming more commonplace on our landscape, and... Read more
Carrying the theme “Home Ownership Through Smart Financing”, the Malaysian Property Exposition (Mapex) 2016 will embark on a two-pronged strategy for its second major campaign of the year. In addition to the national Mapex which will be held at its regular hunting ground, the Mid Valley Exhibition Centre (MVEC),... 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
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
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