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Home Ownership Campaign (HoC) to help lift property market
KUALA LUMPUR: The Home Ownership Campaign (HoC) from Jan 1 to June 30, 2019 will help lift activities in the property market but may not parallel the achievement of the first campaign, said a property consultancy. “The scenario then and today is very different,” CBRE|WTW managing director Foo Gee Jen told StarBiz. Foo launched the company’s…
Read MoreLow financial literacy holding back home ownership
SUBANG JAYA (Jan 23): One often overlooked issue hindering homeownership is the lack of financial literacy among Malaysians. “Financial literacy remains low and people somehow don’t fully understand what it takes to own a property,” RHB Bank head of group mortgages and ASNB business Anuar Amin said at a roundtable discussion today organised by the…
Read MoreMalaysian Property prices likely to continue downtrend
Property prices in the country are likely to continue their downtrend for at least the first half of the year (1H19), despite improving consumer sentiment and proactive government policies announced in the Budget 2019, online property company PropertyGuru said. It said in a statement that this is validated by the company’s Market Index, which shows…
Read MoreProperty expert cautions government against taxing long-time owners who sell their homes.
PETALING JAYA: A senior chartered property surveyor has urged the government to exempt senior citizens from the real property gains tax (RPGT), saying it is not fair to burden them with the tax when they decide to sell their long-held properties. Ernest Cheong, who has over 40 years of experience in the property market, said…
Read MoreDreaming of Easy Money ?
Good times bring great tidings. This was the case years ago when the property market was booming and prices of properties continued to chart steady growth. In today’s market scenario though things are hanging in the balance with many issues having to be rectified before they get better. To quote John Stuart Mill – one…
Read MoreInsight to Success
Founder and managing director of multifaceted company Armani Media Dato’ KK Chua keeps his eyes fixed on the prize—which explains his passion and drive. It is hard to believe that Armani Media has only been around for five years, given the amount of output it delivered in such a short time. Not only does…
Read MoreCo-working Space: A Growing Industry
BY JOTHAM LIM About a decade ago, start-ups and freelancers find it hard to secure a place to congregate and work. Their options were limited to renting an office lot, working from home or in a cafe. No right-minded business owner will rent an entire lot just to use a room. In this digital era,…
Read MoreIs Investing All of Your Money In Property Assets Wise?
If you are reading what many property consultants are currently discussing about the property market, you could likely come to a conclusion that now is the best time to buy. From 2016, real estate prices in Malaysia continued to decline into the fourth quarter of 2017. This downtrend also continued in 2018. The declining trend…
Read MoreMah 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 sold on an e-commerce…
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