News
Malaysia may achieve 4.8% GDP growth in 2020
KUALA LUMPUR: Malaysia is expected to achieve a stronger and more sustainable gross domestic product (GDP) growth of 4.8% next year on the back of its strong macroeconomic fundamentals, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali. He said...
Economic Growth Achieved “Without Sudden Rise In Prices”
PUTRAJAYA (Dec 28): Malaysia’s economy expanded by 4.6% as of September this year, and the growth was achieved without a sudden increase in the prices of goods and services, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail. "This is very important to...
4 Budget 2020 initiatives home buyers can take advantage of
Let’s take a closer look at the key housing-related proposals announced under the latest Malaysian government’s budget. Whenever the annual budget announcement is around the corner, you will see plenty of speculation, opinions and projections from various parties. Of...
A beginner’s guide for strata property owners in Malaysia
Here we answer the 10 most frequently asked strata questions regarding owner rights, property fees as well as the maintenance and management of buildings. Decades ago, ‘strata’ was probably a rather alien concept for property owners in Malaysia who were more...
What is the Strata Management Act (SMA) 2013?
Living in a strata development means living in a community with some shared resources. To ensure a harmonious living environment, the Strata Management Act (SMA) 2013 was created. But what does it cover? Introduced in 2013, the Strata Management Act 2013 (SMA) is to...
Latest stamp duty charges & 6 other costs to consider before buying a house in 2019
First-time homebuyers need to be aware of the closing costs involved when acquiring a residential property. Take note that the stamp duty exemption for new launches under the Home Ownership campaign (HOC) is only until December 2019! Hunting for a dream home is an...
Malaysia’s improved ease of doing business, governance, due to successful reforms – Guan Eng
KUALA LUMPUR (Oct 28): Malaysia's improvement in its ranking in the World Bank's Ease of Doing Business 2020 Report to 12th from 15th in 2019 is a result of the goverment's successful institutional reforms, says Finance Minister Lim Guan Eng today. Its current ranking...
Budget 2020 highlights
KUALA LUMPUR (Oct 11): The following are the highlights of Budget 2020: Malaysian economy Budget 2020 has four thrusts including boosting economic growth in the new economy and digital era, investing in people. Approved foreign direct investment has increased to...
Solutions to housing affordability issues
OVER the years, the issue of prohibitive house prices and affordability have generated much attention. Why is housing unaffordable for many Malaysians? What are the solutions? The price appreciation of residential properties in Malaysia has outpaced income growth and...
HOC 2019 likely to generate RM17bil from sales of 25,000 homes by year-end
SUBANG JAYA: The government is expected to generate about RM17 billion sales from the Home Ownership Campaign (HOC) 2019 by end of this year, said Housing and Local Government Minister Zuraida Kamaruddin. This would be derived from a total of 25,000 homes to be sold...
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