News List

HOC hits RM14.65 bln sales as at Sept 13, surpassing target - Rehda

PETALING JAYA, Sept 26 -- The Home Ownerships Campaign ( HOC), which started in January this year, has hit RM14.65 billion in sales with 19,784 residential units sold as at Sept 13, surpassing its initial target, said the Real Estate and Housing Developers’ Association Malaysia (REHDA).

Mah Sing teams up with RinggitPlus to introduce artificial intelligence chatbot

KUALA LUMPUR, Sept 26 -- Property developer Mah Sing Group Bhd (Mah Sing) has teamed up with financial comparison website to offer 'Madam Loan', the first of its kind artificial intelligence-enabled chatbot to facilitate home loan applications.

REHDA urges govt to review charges, requirements to save cost

The Real Estate & Housing Developers' Association (REHDA) hopes the government will lower or abolish unnecessary charges and requirements imposed on developers to reduce the cost of doing business. 

EdgeProp registered as Malaysia's first property crowdfunding operator

EdgeProp Sdn Bhd has been registered as the country’s first recognised market operator to establish and operate a property crowdfunding (PCF) platform by the Securities Commission Malaysia (SC).

More malaysians fond of secondary market properties -- PropertyGuru

KUALA LUMPUR, Sept 24 (Bernama) -- The ongoing oversupply of residential properties in Malaysia is seeing projects in the primary market losing their lustre, according to the PropertyGuru Consumer Sentiment Survey for the first half (H1) of this year.

Condo, apartment units below RM300,000 dominate property overhang list

KAJANG, Sept 23 -- Condominium and apartment units priced between RM200,000 and RM300,000 dominate the list of property overhang in the country, mainly contributed by those in Perak and Kedah.

All foreigners can buy unsold luxury homes, reiterates Zuraida

KUALA LUMPUR, Sept 23 -- Zuraida Kamaruddin has reiterated that the Malaysia My Second Home (MM2H) Programme for unsold luxury homes encompasses all foreign buyers and is not confined to purchasers from China.

Property sector records higher transactions of RM68.30 bln in 1H 19

KAJANG, Sept 23 -- The property sector recorded 160,172 transactions worth RM68.30 billion in the first half of this year, 6.9 per cent higher in terms of volume and 0.8 per cent higher in value over the same period last year, the Ministry of Finance (MoF) said.

Work with religious councils to develop endowment land, developers told

BUTTERWORTH, Sept 21  -- The government wants more developers to work with state Islamic religious councils to commercially develop endowment land to benefit Muslims especially low income earners to own homes.

Sunway secures prime land in Bukit Jalil via Sterling Paradise aqcuisition

KUALA LUMPUR, Sept 20 -- Sunway Bhd’s unit, Sunway City Sdn Bhd is buying Sterling Paradise Sdn Bhd (SPSB) for RM15 million with the rights to 4.77 hectares of prime freehold land in Bukit Jalil.