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Government : Banks should ease requirements for B40 group to take mortgage.

DUNGUN, — Banks and financial institutions in the country have been advised to give leeway to housing loan applicants, especially those in the B40 group, by taking into consideration their income from part-time jobs. [caption id="attachment_6783" align="alignnone" width="966"] Raja Kamarul Bahrin speaks during a press conference in Parliament — Picture by ...

Mah Sing, Lazada team up to sell houses online in SE Asia

KUALA LUMPUR, Nov 28 — Seeking an edge over other property developers in the country, Mah Sing Group Bhd has joined forces with e-commerce platform Lazada Malaysia to offer its products online. In a joint statement, the partners said the upcoming Lazada 12.12 Grand Year End Sale would mark the first time properties were being ...
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News Release

Govt asking for discounts of 
up to 20% at home campaign

Property developers are being asked to offer discounts of up to 20%, doubled what was committed for the Home Ownership Campaign (HOC), in order to clear the RM20 billion worth of backlog in the housing market. Finance Minister Lim Guan Eng said the effort is in line with the government’s mea-sure to ...

Unsold homes hit new heights

KUALA LUMPUR : The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18). According to the National Property Information Centre (NAPIC), as of 3Q18, 30,115 unsold homes amounted to RM19.54 billion, a year-on-year increase of ...

Government to regulate low-cost property prices & rental.

Rent and prices for low-cost houses will soon be regulated once Putrajaya introduces the Rent Control Bill to clamp down on profiteering. Putrajaya said rent control was crucial towards making homes accessible to bottom and middle-income earners, particularly in crowded urban centres where property prices have quadrupled in the last decade. [caption ...

Law against racist landlords coming soon.

KUALA LUMPUR: Putrajaya is drafting a new law called the Residential Tenancy Act, which among others will address racial discrimination in the property market, following incidents of landlords refusing to accept tenants due to their ethnicity. Housing and Local Government Minister Zuraida Kamaruddin said the new law will follow a similar ...
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PIPDA 2018 Highlights
Berrnama News : PIPDA 2018
Amber Chia Speaks to Property Insight
PIPDA 2018