News List

2020 Budget: New measures will spur property market, says FIABCI

GEORGE TOWN, Oct 11  -- The International Real Estate Federation (FIABCI) said the Fund for Affordable Homes, Home Ownership Campaign, Rent to Own scheme and Youth Housing scheme are positive measures taken by the federal government to spur the property market.

Government extends youth housing scheme to help own first homes

KUALA LUMPUR, Oct 11 -- The government will extend the Youth Housing Scheme administered by Bank Simpanan Nasional starting Jan 1, 2020 until Dec 31, 2021 to assist youths to own their first homes.

Cagamas signs MoC with JHF to strengthen housing finance

KUALA LUMPUR, Oct 10 -- Cagamas Bhd (Cagamas) and Japan Housing Finance Agency (JHF) have signed a memorandum of cooperation (MoC) to strengthen the cooperative relationship for development of housing finance in both countries.

Negeri Sembilan's REHDA to organise HOC & Mapex 2019 this Friday

SEREMBAN, Oct 7 --  Negeri Sembilan’s Real Estate and Housing Developers’ Association (REHDA) will be holding the Home Ownership Campaigns (HOC) and Real Estate and Housing Expo 2019 for the third time this year at Seremban Prima Shopping Complex this Friday until Sunday.

Govt needs to provide further housing aid to young M40 -- Tax expert

KUALA LUMPUR, Oct 7 -- Ernst & Young Tax Consultants Sdn Bhd has urged the government to provide further housing assistance to the young Middle 40 household income group (M40), as they could provide additional traction to the property market.

PropertyGuru eyes A$363 mln from IPO

KUALA LUMPUR, Oct 7 (Bernama) -- PropertyGuru Ltd aims to raise A$363 million (A$1=RM2.83) from its initial public offering (IPO) on the Australian Securities Exchange (ASX).

Review guidelines, subsale properties and RPGT in Budget 2020 - PropertyGuru

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 6  -- Online property portal PropertyGuru Malaysia has urged the government to review the financial guidelines for residential properties in Malaysia, as well as considerations for sub-sale properties and the real property gains tax (RPGT) as priorities for the upcoming Budget 2020.

Allow 100 pct loan for first-time property buyers - PEPS

KUALA LUMPUR, Oct 4 (Bernama) -- As property overhang continues to rise, industry players are asking the government to allow a 100 per cent loan for first-time buyers of properties priced under RM500,000.

Sunway REIT to grow property value to RM15 bln in FY25

PETALING JAYA, Oct 2 -- Sunway REIT Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (REIT), is targeting to grow its property value to RM15 billion in the financial year ending June 30, 2025 (FY25) under its Transcend 2025 (TC25) initiative.

Sime Darby Property achieves RM1 bln in sales in 78 days

KUALA LUMPUR, Oct 2 -- Sime Darby Property Bhd overcame current property market conditions in achieving RM1 billion in sales from its 78-day campaign with 1,127 units sold, thanks in part to  the supporting initiatives by the government, like the Home Ownership Campaign and financing schemes.