Demand for landed residential property in the Johor Baru district is likely to remain positive despite the uncertainties in global economic growth. On that note, the developer of Taman Impian Emas township in Skudai near here, Gunung Impian Development Sdn Bhd, is...

KUALA LUMPUR (April 17): Speedhome and KYY Home will provide rent subsidies amounting to RM500,000 to Malaysian tenants to deal with the tough economic situation caused by the Covid-19 pandemic. Speedhome chief executive officer Wong Whei Meng said in the rent relief...

KUALA LUMPUR (April 16): Property prices are expected to decline by as much as 20% in the next few months with more motivated sellers, as the impact of Covid-19 continues to unfold. During the online Asean Real Estate Forum, Malaysian Institute of Estate Agents (MIEA)...

KUALA LUMPUR (April 15): The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of 9% next year, the fastest among the ASEAN-5 countries which are expected to see a combined GDP growth of 7.8%. Besides...

SHAH ALAM: Families living in four People’s Housing Project (PPR) in Selangor will not have to worry about their house rentals for the next few months. The state government, in a move to ease the financial burden of 2,632 tenants living at the housing projects due to...

KUALA LUMPUR: The government yesterday announced an additional RM10 billion assistance package targeted at helping small and medium enterprises (SMEs) affected by the movement control order (MCO) and Covid-19 pandemic. Here are the measures announced by Prime Minister...

KUALA LUMPUR: The local financial sector, which plays a key role in supporting home ownership, approved more than 365,000 home loans valued at RM158 billion last year. Of this, 53 per cent were to first time home buyers and over 100,000 accounts for the purchase of...

MALAYSIA still has a fighting chance of escaping a recession this year, according to Bank Negara Malaysia’s 2020 GDP growth projection range of -2% to 0.5% versus 4.3% recorded in 2019. Governor Datuk Nor Shamsiah Mohd Yunus says the central bank will use its “policy...

The  Real Property Gains Tax (RPGT) should be zeroized (as it was in 2007) till the end of the year to help boost the already soft real estate market in the country, said the Malaysian Institute of Estate Agents (MIEA). This will help create a conducive environment...

KUALA LUMPUR: Commercial property landlords have been urged to consider giving discounts, granting rent deferment or exemptions to tenants who are unable to operate their businesses during the Movement Control Order (MCO) period. The Prime Minister’s Office (PMO) made...