Latest News

Penang residential market seen to slowdown in 2H15


The transaction volume of Penang’s residential market is likely to slow down in the second half of this year (2H15), amid cautious buying ahead of implementation of the goods and services tax (...

 Goods and Services Tax (GST)

BIM Guide to ensure standardisation across PR1MA housing projects


SHAH ALAM: To promote consistent development and ensure uniformity across all Perumahan Rakyat 1Malaysia (PR1MA) housing projects, PR1MA officially launched the PR1MA Building Information Modelling (B...

 Construction, PR1MA

PR1MA will 'force' house prices down


KUALA LUMPUR, Jan 29: Pricing of affordable home projects by the Perbadanan PR1MA Malaysia (PR1MA) will have a stabilising effect and act as a benchmark for similar range of residential houses to be...

 Residential, Developer, Goods and Services Tax (GST), PR1MA

New strata act enforcement to be announced soon


The enforcement of the Strata Management Act 2013 (Act 757), which replaces the Building and Common Property (Maintenance and Management) Act 2007, is to be announced soon. This was decided at the ...

 Government, Developer

KL aims to attract 16mil tourists by 2025: Mayor


KUALA LUMPUR: The Kuala Lumpur Tourism Master Plan 2015-2025 aims to attract 16 million tourists and RM79 billion in revenue by 2025. Mayor Datuk Seri Ahmad Phesal Talib said the target was set bas...

 Government, Economy

EPF allows members with Maybank, RHB housing loans to submit online applications


KUALA LUMPUR: The Employees Provident Fund (EPF) says members who have housing loans with RHB Bank and Maybank can opt to submit their withdrawal applications online through the e-Pengeluaran facility...

 Housing loan

Challenging 2015 seen for property


THE property landscape is expected to remain challenging next year, amid rising costs of doing business, tighter monetary policy and the impact of of a new tax system, said the Real Estate and Housing...

 Goods and Services Tax (GST), Government

Secondary properties may be cheaper than new ones


KUALA LUMPUR: The secondary property market in the country has good potential as the prices of the houses could be 30-40 per cent lower than the new ones, said the Malaysia Institute of Estate Agents ...

 Property market

Mixed outlook for property market


PROPERTY analysts and experts are mixed in their property market outlook for next year due to the uncertainty that is looming ahead of the Goods and Services Tax (GST) implementation next year. Whi...

 Goods and Services Tax (GST), Bank Negara

Mini budget next year?


THE government may introduce a fiscal stimulus package similar to the RM60 billion "mini budget" used to tackle the economic downturn in 2009, said analysts. The new measures are likely to be inclu...

 Government, Economy