News List

Penang govt calls for RFP on development of resort in Batu Ferringhi

GEORGE TOWN, Nov 4  -- The state government has called for a Request for Proposal (RFP) for the development of a coastal resort and spa in Batu Ferringhi here.

No need to lower price threshold for foreign property purchases: Adly

MELAKA, Nov 4 -- There is no need for the state government to reduce the selling price threshold for foreign purchases of condominiums and apartments in Melaka from RM500,000 per unit to RM400,000 per unit, said Melaka Chief Minister Adly Zahari.

JPPH urged to find common ground to solve property market woes

KAJANG, Nov 4 -- The Valuation and Property Services Department (JPPH) has been urged to find common ground with related agencies in the effort to resolve the current problems in the property market.

1,700 houses worth RM713 million sold through Melaka HOC

MELAKA, Nov 2-- A total of 1,700 units of various types of homes worth RM713 million were sold through the Home Ownership Campaign (HOC) in Melaka from Jan 1 until Oct 31 this year,  said chairman of the Real Estate and Housing Developers Association (REHDA), Datuk Seri Ngoh King Hua.

Abandoned hotel Labuan has become an eyesore 

LABUAN, Oct 31 -- It was once the pride of Labuan. But the 10-storey Hotel Labuan has become an eyesore after it was abandoned in 1997.

Establish a national housing corporation on affordable housing

KUALA LUMPUR, Oct 31 -- The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia  (PEPS) has recommended that the government establish a national housing corporation on affordable housing.

Foreigners can only purchase homes at reduced prices in 2020

KUALA LUMPUR, Oct 30 -- The proposal to lower the ceiling price of condominium and apartment units in the city for foreigners to buy from RM1 million to RM600,000 would be implemented for a period of one year only.

Mini MAPEX for Selangor homebuyers to be held in November

PETALING JAYA, Oct 30  -- The Selangor branch of the Real Estate and Housing Developers’ Association (REHDA) will hold two mini Malaysia Property Expos (MAPEXs) this November as part of the Home Ownership Campaign (HOC) 2019.

Ame Elite to acquire land to develop industrial buildings

KUALA LUMPUR, Oct 30  -- Ame Elite Consortium Bhd has proposed to acquire a piece of land in Kulai, Johor, measuring approximately 6.08 hectares for RM25 million to develop units of industrial buildings with a gross development value of RM120 million.

Some 95,000 complaints on Penang property assessment hike

GEORGE TOWN, Oct 28 – The Penang government has received 95,125 complaints on the increase of the property assessment rate.