Budget 2021: What’s in it for property?
Budget 2021 was tabled last week, with little of the anticipated resistance that some expected. Perhaps the secret sauce was the fact that it addressed some key commercial issues as well as job security, a key component to shoring up consumer confidence as the future continues to look uncertain.... Read more
The Supply and Design Cost of COVID-19
PANDEMIC LIKELY TO IMPACT NEAR-TERM SUPPLY AND LONG-TERM DESIGN OF HOUSING As the end of the COVID-19 global pandemic seems nowhere in sight, it has been increasingly difficult to count the total cost of the virus has had (or will continue to have on) our global economy. Among the... Read more
Coordinated effort to address housing mismatch
KPKT TO CREATE SINGLE ENTITY TO MANAGE THE SUPPLY OF HOMES AND DEAL WITH THE COUNTRY’S AFFORDABLE HOUSING ISSUE To tackle Malaysia’s affordable housing issue, a new single entity will be created under the Ministry of Housing and Local Government (KPKT) to coordinate and manage the supply of homes,... Read more
LBS to jointly develop Perak land with SSI
COMPANY KICK STARTS 2019 WITH A FOCUS ON MIX-USE PROJECTS AND AFFORDABLE HOUSING To show its support for the government’s national housing agenda, LBS Bina Group Bhd (LBS) has teamed up with Perak State Secretary Incorporated (SSI) to jointly develop two parcels of land situated in the Temor and... Read more
Thai university campus built entirely out of shipping containers
EDUCATIONAL INSTITUTE FOCUSED ON SUSTAINABLE LIVING WALKS THE TALK BY CREATING FACILITY MADE COMPLETELY FROM RECYCLED MATERIALS Demonstrating that actions speak louder than words, the International Sustainable Development Studies Institute in Thailand has just built a new campus made almost entirely out of recycled materials. Providing the main structure... Read more
Setia reaches out to wider community with extended link
EXTENSION OF ECOHILL LINK 2 DELIVERS BETTER CONVENIENCE AND EASY ACCESS TO PARKS FOR RESIDENTS OF SEMENYIH, SAYS DEVELOPER The extension of EcoHill 2 Link at Setia EcoHill 2 in Semenyih, will offer better convenience and accessibility for the residents of Beranang and its surrounding neighbourhood, says SP Setia... Read more
Return of the mandatory BTS saga
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
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
Could interest rate hikes lead to price adjustments?
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