Welcome to Bernama Property News Update, the main source for latest information on the property industry. Be the first to know whats going on the industry...


PUTRAJAYA, Aug 22 -- The monthly installment payment for borrowers under the Affordable Housing Fund is expected to be reduced by 20 per cent.

SEREMBAN, Aug 21 -- Matrix Concepts Holdings Bhd, which saw its revenue surpass RM1 billion for the first time in the last financial year, is optimistic that its growth trend will continue in the current year despite the challenges in the property sector.

KUALA LUMPUR, Aug 21 -- Berjaya Land Bhd (B-Land) is targeting to launch its Tower B of The Tropika development project in Bukit Jalil by this year, driven by the HouzKEY initiative, in partnership with Maybank.

KUALA LUMPUR, Aug 20 -- The PropertyGuru Market Index increased 0.8 per cent to 86.2 in the second quarter of this year from 85.4 in the previous quarter on improved buyer sentiment in the country due to government initiatives and intervention.

By Nurqalby Mohd Reda

SHAH ALAM, Aug 10 (Bernama) -- Property developer BCB Bhd is optimistic of good take-up for its Broadleaf Residences luxury development in Persiaran Anggerik Renantanda, Kota Kemuning here which was launched in July.