PETALING JAYA: Property players are hoping that Budget 2013 would introduce encouraging policies or tax adjustments that allow businesses to thrive in the current local and global economic environment. Mah Sing Group Bhd managing director Tan Sri Leong Hoy Kum hopes to see new financial incentives, tax breaks or even ... Read More

PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) expects the housing and property market to plateau in the second half of 2012, but will remain resilient. According to a survey Rehda conducted, property developers are optimistic of the second half and more respondents plan to launch projects ... Read More

GEORGE TOWN: Despite the global economic crisis, property investments coming into the country and going to overseas this year are expected to increase substantially. The recently introduced 10% stamp duty for foreigners buying properties in Singapore has increased the attraction of Malaysia as a property investment destination. Property investments flowing ... Read More

RESIDENTS living in the century-old settlement in Gat Lebuh Sandilands off Jalan C.Y. Choy can look forward to better living conditions as a redevelopment proposal for the area has been put in place. Housewife Loh Bee Luan, 67, said the place was always infested with mosquitoes which breed in stagnant ... Read More

BUKIT MERTAJAM: Some 100 residents of Taman Desa Damai in Bukit Mertajam held a peaceful gathering to protest against the proposed flyover between Jalan Nangka in Taman Desa Damai and Jalan Perda Timur in Bandar Perda. They claimed the flyover, which is to be built over the double track railway ... Read More

THE year 2013 is pretty much a busy one for Dijaya Corp Bhd as it is planning some 12 launches spread over the Klang Valley, Penang and Johor. One of the more imminent ones include The W Hotel & The Residences, which deputy managing director of Dijaya Dickson Tan is ... Read More

THE property market is highly volatile and thrives on speculation. Although Malaysia is considered a fairly stable market with steady appreciation in value, unlike other places around the globe, it is important for Malaysians to understand when and where they should invest their money. It was reported last year that ... Read More

BUKIT MERTAJAM: The Penang government’s free ‘Park & Ride’ shuttle service will be extended to cover Bandar Perda in Bukit Mertajam and Highway Auto City in Juru effective Sept 3. State local government and Traffic Management Committee chairman Chow Kon Yeow said two new feeder hubs, with free car parking, ... Read More

PETALING JAYA: Budget 2013 will see more measures to control the soaring prices of property, including tighter fiscal policies to curb speculation. Housing and Local Government Minister Da­tuk Seri Chor Chee Heung said most Ma­­­laysians felt today’s property prices were “far too high” and wanted the Government to see to ... Read More

The local property industry continues to face many obstacles despite signs of steady economic growth, which was announced recently for the second quarter and the first-half, underpinned among other factors by a jump in construction activity as well as healthy consumption. Among the challenges the industry faces, according to Asian ... Read More