Sierra Hijauan: A Solution to Your Modern Day Problems

IJM Land’s Sierra Hijauan, a resort-style residential development located in Sierra Ukay, Ampang, offers residential units next to the Hulu Gombak and Ampang Forest Reserve.

Continue ReadingOct 26, 2021

Fitch Solutions Revises Malaysia’s GDP Growth Forecast In 2021 Upward

The research unit of Fitch Group explained that its previous forecasts are based on the assumption that COVID-19 restrictions would not be lifted until daily cases dropped below 4,000.

Continue ReadingOct 26, 2021

KL-Johor HSR Not Economically Wise, Says Transport Expert

Transport planning consultant Rosli Azad Khan believes the KL-Johor route is not economically wise and Singapore’s exclusion only makes the project unsustainable.

Continue ReadingOct 25, 2021

REHDA: Property Market Needs Six To 24 Months To Fully Recover

According to a survey conducted by REHDA, 83% of the 180 respondents indicated as such when surveyed.

Continue ReadingOct 22, 2021

Government Urged To Take Over Maintenance Of Low-Cost Homes

HBA Secretary-General Datuk Chang Kim Loong believes that outsourcing the task will “inadvertently breed corrupt practices and siphon away the limited funds available for the actual management and maintenance of the low-cost flats”.

Continue ReadingOct 21, 2021

KPKT: Housing Plans Without Disable-Friendly Facilities Will Not Be Approved

As of 31 August 2021, there are 154 PPR projects providing 97,196 housing units nationwide and of the total, 936 units have been allocated for the disabled and 809 units (86.4%) are already occupied.

Continue ReadingOct 20, 2021

Sunway Property Launches Campaign in Conjunction with New Launches Prioritising New Norm Living

The developer has revised its sales target upward to RM2.2 billion this year, after surpassing its initial sales target of RM1.6 billion in the first half of the year.

Continue ReadingOct 19, 2021

Johor MB: Johor Bahru Has Over 70,000 Vacant Homes

Hasni revealed that the state government is working with real estate firms to introduce a housing rent programme aimed at the younger generation.

Continue ReadingOct 18, 2021

Tropicana Seeks Possession Of St Joseph School With Nine Months Rental Arrears

The nine months of rental in arrears are amounting to more than RM10 million, according to Tropicana.

Continue ReadingOct 18, 2021

Home Ownership Made Easy For First Time Buyers By Newfields Land

Newfields Land hopes to fulfil every first-time buyers’ dream of owning a home as easily as possible in lieu of their new project, Habitus, the first high-rise development in the heart of the City of Elmina.

Continue ReadingOct 17, 2021

Kuala Lumpur-Johor HSR Study Completed, Says Mustapa

According to Mustapa, a proposal to link the HSR to Bangkok, Thailand – which was proposed by former prime minister Muhyiddin Yassin – was at a “very early” stage.

Continue ReadingOct 15, 2021

NAPIC: Govt Should Freeze Development Of Stratified Buildings, Extend HOC To Secondary Market

The HOC is set to end on 31 December 2021, with benefits including stamp duty savings and tax exemption in housing loans.

Continue ReadingOct 14, 2021

Kampung Baru Needs New Redevelopment Plan

FT Minister Datuk Seri Shahidan Kassim recently told the Dewan Rakyat that the new development plans for Kampung Baru will be “organic”, which will be carried out in phases based on 44 identified land blocks.

Continue ReadingOct 13, 2021

REHDA Urges Government To Help Reduce Cost Of Doing Business

The association believes that doing so would eventually give a much-needed boost to the country’s affordable housing segment.

Continue ReadingOct 12, 2021

Airbnb To Work With Local Hosts To Meet Tax Obligations

Airbnb said that it had been working with the government on the national short-term residential accommodation, which will help outline a clear and positive way forward for short-term rental accommodation within the country.

Continue ReadingOct 11, 2021

Calling All Start-Ups: Apply Now For PropertyGuru Asia Real Estate Summit’s 2021 Tech Innovation Award

Start-ups, incubators, accelerators and universities are encouraged to apply. Entries are welcome until 31 October 2021, and there is no application fee!

Continue ReadingOct 11, 2021

17,724 Property Units Classified As Abandoned As Of September 2021

Majority of the projects are situated in Selangor, with 33 projects. Of the 10,974 units in such projects, 6,308 units have been sold.

Continue ReadingOct 8, 2021

Public Housing Must Not Only Be Affordable, But Also Liveable

Published in May 2021, the “Families on the Edge” report by Unicef highlights the dire situation of 500 low-income families living at 16 public housing projects within Kuala Lumpur.

Continue ReadingOct 7, 2021

Urban Spaces For Modern Lifestyles

9 Seputeh skilfully bridges the divide between function and style, work and play. Will it become the mainstay of the Old Klang Road landscape? The answer is a resounding yes!

Continue ReadingOct 7, 2021

MM2H Rules Relaxed For Existing Participants

These participants will only have to comply with two of the 10 new criteria under the revised programme, according to Home Minister Datuk Seri Hamzah Zainudin.

Continue ReadingOct 6, 2021