News List

Reduce house prices or SST exemption will be revised - Lim

KUALA LUMPUR, Sept 24 (Bernama) -- The government might reconsider the Sales and Services Tax (SST) exemption on construction materials and services if developers fail to reduce house prices, said Finance Minister Lim Guan Eng.

Sime Darby property in Dow Jones Sustainability Indices

KUALA LUMPUR, Sept 18 (Bernama) -- Sime Darby Property Bhd has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI), becoming the only Malaysian real estate company recognised for corporate sustainability leadership in emerging markets.

SST : Penang Rehda announces lower home prices

GEORGE TOWN, Sept 11 (Bernama) -- Welcoming the government’s decision to exempt building materials from  the Sales and Service Tax (SST), the Penang chapter of the Real Estate and Housing Developers Association ( Rehda) today announced six and 10 per cent discount on house prices.

Affordable Homes: 10 per cent for firemen - Zuraida

ALOR SETAR, Sept 10 (Bernama) – The government plans to allocate a quota of 10 per cent for ownership of affordable homes to staff of the Fire and Rescue Department, said Housing and Local Government Minister Zuraida Kamaruddin.

Sime Darby Property's net profit falls To RM684.29 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Sime Darby Property Bhd's net profit for the financial year ended Jun 30, 2018 narrowed to RM684.29 million from RM709.10 million a year before.

Processes hindering affordable housing should be reviewed - Zuraida

CYBERJAYA, Aug 16 (Bernama) -- Regulatory processes that increase the cost of supplying affordable homes should be reviewed and streamlined, said Housing and Local Government Minister Zuraida Kamaruddin.

Perak confident abolition of GST can lower house prices

IPOH, Aug 14 (Bernama) -- Perak is confident that the abolition of the Goods and Services Tax (GST) which will be replaced by the reintroduction of the Sales and Service Tax (SST) can lower overall house prices in the state.

Felcra Changkat Lada house price issue settled

PASIR SALAK, Aug 9 (Bernama) -- A total of 710 potential buyers of the Felcra Changkat Lada Second Generation Housing (Phase 2) project in Seberang Perak here could breathe a sigh of relief when the prices for the houses have been reviewed to be more reasonable.

Malaysian property market to gradually improve in the years ahead, says MIEA

KUALA LUMPUR, Aug 9 (Bernama) – The Malaysian property market is set to gradually improve in the years ahead through to 2020, said the Malaysian Institute of Estate Agents (MIEA) here today.

Lembah Subang 1 PPR to be redeveloped next year - Zuraida

PETALING JAYA, Aug 8 (Bernama) -- The Housing and Local Government Ministry (KPKT) will redevelop the Lembah Subang 1 People's Housing Project (PPR) here next year, said its minister Zuraida Kamaruddin.