News List

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.

Govt confident Kampung Baru landowners will accept new offer price

MARANG, Oct 27  — Federal Territories Minister Khalid Abdul Samad today said he is confident Kampung Baru landowners will agree with the government’s offer of RM1,000 per square foot to buy over their land for redevelopment.

Sunway Property to develop RM300 mln condo project

 KUALA LUMPUR, Oct 25  -- Sunway Property plans to undertake a condominium project with a potential gross development value of RM300 million in Wangsa Maju, Kuala Lumpur.

Relax criteria for loans to boost affordable home ownership

KUALA LUMPUR, Oct 25  -- Several parties have called for the lending criteria for purchase of properties to be relaxed amid reports that house prices are beyond the affordability of most Malaysians

Govt ups offer for Kampung baru land to RM1,000 per sq ft

KUALA LUMPUR, Oct 24 -- The government is offering RM1,000 per square foot as the final price for buying over land in Kampung Baru here for redevelopment.

Houses in Malaysia “seriously unaffordable” by international standards, says BNM official

KUALA LUMPUR, Oct 24  -- Houses in Malaysia are considered as “seriously unaffordable” by international standards, a Bank Negara Malaysia official said.

Urban housing lightens youth's burden

KUALA LUMPUR, Oct 23 -- Often late for work even after leaving the house as early as 5 am, drone operator Syed Luqman Syed Abd.Lah, now no longer has to worry about that problem.