News List

Parliament: MyHome Subsidy Should Be Expanded To Private Land Owners

KUALA LUMPUR, Oct 29 (Bernama) -- The RM30,000 subsidy to be given to private developers for each low or medium cost house built under the private affordable housing scheme (MyHome) should be expanded to private land owners.

IOI Corp's Shareholders 'Yes' To Demerger Exercise

PUTRAJAYA, Oct 29 (Bernama) -- IOI Corp Bhd has received shareholders' nod for the demerger of its property arm, IOI Properties Bhd, said Group Executive Chairman, Tan Sri Lee Shin Cheng.

Higher RPGT Hinders Singaporean Property Investment In Malaysia: PropertyGuru

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Oct 29 (Bernama) -- The doubling of the Real Property Gains Tax from 15 per cent to 30 per cent for properties sold within the first three years will certainly put a damper on Singaporean property investors who look to Malaysia to make quick cash gains, says Steve Melhuish, Co-Founder and Chief Executive Officer, PropertyGuru Group.

Higher RPGT Hinders Singaporean Property Investment In Malaysia: PropertyGuru

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Oct 29 (Bernama) -- The doubling of the Real Property Gains Tax from 15 per cent to 30 per cent for properties sold within the first three years will certainly put a damper on Singaporean property investors who look to Malaysia to make quick cash gains, says Steve Melhuish, Co-Founder and Chief Executive Officer, PropertyGuru Group.

Higher RPGT Hinders Singaporean Property Investment In Malaysia: PropertyGuru

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Oct 29 (Bernama) -- The doubling of the Real Property Gains Tax from 15 per cent to 30 per cent for properties sold within the first three years will certainly put a damper on Singaporean property investors who look to Malaysia to make quick cash gains, says Steve Melhuish, Co-Founder and Chief Executive Officer, PropertyGuru Group.

Dewan Rakyat Told 1.7 Million Households Yet To Own A House

KUALA LUMPUR, Oct 24 (Bernama) -- A total of 1.7 million households in Malaysia have yet to own a house, Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan told the Dewan Rakyat today.

Govt Should Increase RPGT To 25 Pct In Budget 2014, Says Economist

By Fauzan Abdul Kadir

KUALA LUMPUR, Oct 24 (Bernama) -- The government should increase the real property gains tax (RPGT) to 25 per cent for property held under five years and 10 per cent for those under ten years in the Budget 2014.

Apartment Price In Indonesia Increases

JAKARTA, Oct 23 (Bernama) -- Apartment and condominium property prices are continuing to rise, in line with trends in recent years, despite the global economy slowdown, Indonesia's Antara news agency reported.

PHB Says Net Asset Value Is RM2.4 Billion

KUALA LUMPUR, Oct 22 (Bernama) -- Real estate investment holding company Pelaburan Hartanah Bhd (PHB) says the net asset value of its real estate properties is RM2.4 billion and that it will continue to focus on commercial assets in the major cities that promise consistent returns.

REHDA Did Not Make Price Increase Statement - Hasan Malek

KUALA LUMPUR, Oct 22 (Bernama) -- The Real Estate And Housing Developers Association (REHDA) has never issued a statement on raising house prices by up to 10 percent, Domestic Trade, Cooperative and Consumerism Minister Datuk Hasan Malek.

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