Return of the mandatory BTS saga
News July 2, 2018
THE ON-AGAIN-OFF-AGAIN PROPOSED MANDATORY SYSTEM IS BEING RESURRECTED AND CHAMPIONED BY NEW KPKT BOSS ZURAIDA BY Roznah Abdul Jabbar After almost two decades of discussions, debates and flip-flops on legislation, the matter of implementing a mandatory build-then-sell (BTS) system could be back on the plan. Last week, the Ministry of... Read more
Residential co-living trend picking up in Asia
Market Watch March 21, 2018
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
News February 8, 2018
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
Could interest rate hikes lead to price adjustments?
Market Watch January 26, 2018
PRICES HAVE TO COME DOWN IN ORDER TO AVOID SOURING INTEREST IN THE PROPERTY MARKET While Bank Negara Malaysia’s move to raise interest rates is largely seen as unavoidable and necessary by most economists, there is also serious concern about how this may impact the property sector. Currently,... Read more
Of UK rate hikes and waning buyer, seller interest
Market Watch November 28, 2017
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?
ViewPoint October 30, 2017
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
News October 15, 2017
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
S P Setia RMMJ units at Setia Business Park 2
News August 8, 2017
Fifteen deserving purchasers were selected to be the among the first recipients of Rumah Mampu Milik Johor (RMMJ) scheme homes at Setia Business Park 2 at Taman Perniagaan Setia in Iskandar Malaysia last week, marking the company’s response for the state government’s call for more affordable homes. Developer SP... Read more
Affordable extravaganza at Mapex 2017
News July 22, 2017
If you still think the private and government sectors should make a more concerted effort to provide affordable housing to the masses, then the latest Malaysia Property Expo (Mapex) from Aug 11 – 13 will hold a special surprise for you. The Real Estate and Housing Developers’ Association (Rehda)... Read more
FACING AFFORDABLE HOUSING WOES OF OUR OWN, FIND OUT HOW THIS DEVELOPER IN AUSTIN, TEXAS, NAILED IT BY Zoe Phoon Either non-profit Foundation Communities has got something exactly right, or is doing something perfectly, or both. Of course, credit must also... Read more
