News List

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.

Tadmax Resources to acquire land for RM36.65 million

KUALA LUMPUR, Oct 1 -- Tadmax Resources Bhd’s unit, Tadmax Coastal Sdn Bhd, plans to acquire a 1.3 hectare leasehold land from Syarikat Perumahan Pegawai Kerajaan Sdn Bhd for RM36.65 million.

Hard Rock International rocks with 2nd Malaysian property

KUALA LUMPUR, Sept 30 (Bernama) -- Hard Rock International recently celebrated the grand opening of its second Malaysian property, Hard Rock Hotel Desaru Coast in Johor.

PR1MA renews agreements with developers worth RM3.29 bln

KUALA LUMPUR, Sept 27 -- Perbadanan PR1MA Malaysia (PR1MA) has renewed partnership agreements worth RM3.29 billion with 17 development partners to reaffirm its commitment to deliver affordable quality homes to the rakyat.

5th 'Property Insight Guide To Investing' coffee-table book launched

KUALA LUMPUR, Sept 27 -- Armani Media Sdn Bhd (Armani Media) has launched the fifth edition of the ‘Property Insight Guide to Investing 2019/2020’ (GTI), a coffee-table book that highlights Malaysia's best property investments through analysis report.

Perbadanan Putrajaya withdraws notice of termination to TRC Synergy

KUALA LUMPUR, Sept 26 -- Perbadanan Putrajaya (PJC) has withdrawn its notice terminating TRC Synergy Bhd as the developer for an affordable housing project in Precinct 18, Putrajaya.  

Property players more optimistic on outlook for H1 2020 - Rehda

PETALING JAYA, Sept 26 -- Property players are feeling more optimistic on the market outlook for the first half (H1) of 2020, according to a poll by the Real Estate and Housing Developers’ Association Malaysia (Rehda).