By Danial Dzulkifly SHAH ALAM, Feb 26 — The Selangor administration prefers to maintain and improve the Smart Sewa scheme, its rent-to-own initiative, over the conventional method, citing higher rental collection rate and fewer operational challenges. Speaking at the Selangor State...

KAJANG, Feb 26 — The property market recorded an outstanding performance in 2024, with both transaction volume and value reaching the highest levels in a decade, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Jan 9 — Property prices are expected to rise around three to four per cent this year in the Klang Valley, particularly landed houses in Petaling Jaya, according to real estate services company CBRE WTW Valuation and Advisory Sdn Bhd.

BANGKOK, Nov 20 — Buyers from Myanmar have been snapping up condominiums in Bangkok and other parts of Thailand, providing a bright spark for the kingdom’s sluggish real estate market, as they look to move money out of an economy battered by civil war.

KUALA LUMPUR, Nov 13 — The passing of the former sixth finance minister Tun Daim Zainuddin can be considered a great loss for the country as a whole and the business community, particularly in the banking and real estate sectors.

SHAH ALAM, Sept 19 — Property developer Glomac Berhad has reported RM73.3 million in revenue for the first quarter of the financial year (FY2025) ending April 30, 2025, 22 per cent compared to RM60.1 million reported in the corresponding quarter of FY2024.

PUTRAJAYA, July 25 — The Federal Court has allowed the appeals by two developers in their bid to stop claims for liquidated ascertained damages (LAD) from homebuyers over late delivery of vacant possession.

KUALA LUMPUR, May 29 — The Retirement Fund Inc (KWAP) plans to create 12 funds under the newly launched ‘Dana Pemacu’, with four funds each in the private equity, infrastructure and real estate asset classes.

KUALA LUMPUR, April 22 — A private sector employee pleaded not guilty in the Sessions Court today to selling a house without a licence five years ago.

KUALA LUMPUR, April 3 — Real estate in Malaysia is now Chinese buyers’ second most popular Southeast Asian country, an improvement from third place in 2022, according to data released by IQI, a global network that comprises over 40,000 real estate agents.

By Suhaila Shahrul Annuar SHAH ALAM, March 5 — The state government has set up a special committee to resolve a long-standing problem relating to the issuance of strata titles for housing and real estate.  State executive councillor for housing Borhan Aman Shah said the committee is tasked...

KOTA BHARU, Feb 29 — The government’s efforts to emphasise the empowerment of the Bumiputera economic agenda in ministries, agencies, government-linked companies (GLCs), and government-linked investment companies (GLICs) through the Bumiputera Economic Congress (KEB) 2024 can enhance progress and promote fair economic opportunities between the Bumiputera and other races.

KUALA LUMPUR, Nov 15 — A total of 26,286 completed residential units valued at RM18.3 billion were unsold in the second quarter (Q2) of this year, the Dewan Rakyat was told today.

KUALA LUMPUR, Nov 15 — The value of real estate market transactions jumped 22.6 per cent to RM57.15 billion in the third quarter of 2023 (3Q 2023) compared with the same quarter last year due to an increase in the transfer of ownership of “major sales” in the country, according to the Valuation and Property Services Department (JPPH).

KUALA LUMPUR, March 29 — Activity in the housing market continued to be robust in the second half (2H) of 2022, following the resumption of economic activities and improved employment conditions, said Bank Negara Malaysia (BNM).

PUTRAJAYA, March 1 — The Ministry of Local Government Development (KPKT) has identified 437 sick projects from a total of 3,138 private housing projects as of January 31, this year.

PETALING JAYA, Feb 22 — The Real Estate and Housing Developers’ Association (Rehda) Malaysia found that 51 per cent of property developers are not planning to launch new projects in the first half (1H) of 2023, given the unfavourable market conditions.

KUALA LUMPUR, Feb 16 — PropertyGuru Malaysia’s Sale Demand Index dropped 14.8 per cent in the fourth quarter (Q4) 2022, reflecting how potential buyers may still be facing affordability issues or a lack of confidence towards the current property prices on the market.

KUALA LUMPUR, Jan 12 — Rehda Institute has reiterated its call for all stakeholders to further discuss the causes behind the surge in property prices over the years.

KUALA LUMPUR, June 14 — A Juwai IQI survey of nearly 350 real estate agents across Malaysia found more than two-thirds expect offshore buying of Malaysian real estate will return to pre-Covid-19 levels within 18 months or by the end of 2023.