Demographia: Malaysia’s residential housing market ‘severely unaffordable’
When middle income professionals are unable to afford their own home based on a single income and have to team up with either a spouse or another person to qualify for a mortgage loan, then it is a sign that the unaffordability of our housing market has become critical. A ... Read More
Tips for consumers
Experts provide property fair visitors with useful knowledge The fear that all products and services will be imposed with the goods and services tax (GST) by April 2015 is not justified, as not all businesses are eligible to collect GST. TY Teoh International national tax director Richard Oon said only ... Read More
Affordable Housing Roadshow – Sunway Carnival (25 & 26 Oct)
In conjunction with Northern Corridor's Property & Investment Expo this weekend, officers from the state housing department together with PDC will be going to Sunway Carnival Convention Centre in Seberang Jaya for the ‘Mission: Home-Possible’ road-show. It will showcase affordable housing projects, as well as assisting potential buyer to submit ... Read More
Rehda: GST will push up home prices by 2.6%
Home prices will rise by about 2.6% once the goods and services tax (GST) comes into play, said the Real Estate and Housing Developers’ Association Malaysia (Rehda). The chairman of the association’s task force on accounting and taxation, Datuk Ng Seing Liong, said that the calculation was based on its ... Read More
Smooth ride for road users
After a more than four-year delay, the third and final phase of the Tun Dr Lim Chong Eu Expressway will finally be opened to the public on Nov 1. Jelutong MP Jeff Ooi said construction work on the project, known as the Jalan Tan Sri Teh Ewe Lim Extension, was ... Read More
Three major reasons why landed is better than condo. What do you think?
by Charles Tan Today, I had lunch with a very capable young friend. She is many years younger than me but she already owns her own business in partnership with a very prominent personality here in Malaysia. A rich one. Over lunch, we were talking about her first property and ... Read More
Strata living – a tale of two cities
The famous opening line in A Tale of Two Cities by Charles Dickens presents to us the tension and opposing attitudes borne between the inhabitants of the two cities. This disparity reflects our perception of “Strata Living” – a form of progressive yet regulated community living made possible by its ... Read More
5 Property Fairs In 6 Weeks
Five significant property fairs in six weeks! If you have missed the MAPEX Penang 2014 two weeks ago, you can now plan your time better with 4 more coming within the next two weeks. Seriously, I think we have way too many property fairs recently. Not only people has started ... Read More
Penang invites Singapore firms to grow together
Penang is vying to become the next hub for Singapore companies’ regional expansion, with the state government open to more opportunities for bilateral partnerships, its Chief Minister Lim Guan Eng said on Tuesday (Oct 14). “We are putting ourselves on the map – that Penang is open for business, and ... Read More
Budget 2015 measures too small to spur property market
The Malaysian Institute of Estate Agents (MIEA) is disappointed with Budget 2015, as the measures announced are too small to have an impact on the property market, said its president Siva Shanker. "I am disappointed with the announcement. The budget during the last two to three years only managed to ... Read More
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