Thean Lee Cheng

Recent and archived articles by Thean Lee Cheng

14 Nov 2018 | 7:00 AM

Crowdfunding ‘not home-buying scheme’

Cagamas CEO: It’s an investment scheme

Cagamas Bhd president and CEO Datuk Chung Chee Leong said: “I am not against crowdfunding. It can benefit some people and there is space for this form of funding.  “But the buyer must know that they are going into an investment scheme and are not actually buying a house.”
13 Nov 2018 | 2:37 PM

Rehda Institute chairman sees obstacles to P2P homeownership scheme

PETALING JAYA: The peer-to-peer framework is a hybrid of home ownership scheme and a property investment scheme, said Rehda institute.

10 Nov 2018 | 7:00 AM

Housing remains a clouded issue

AMONG the property-related measures in Budget 2019, the attention grabber has been the property crowdfunding platform. The government’s willingness to explore technology-enabled platforms as an alternative source of financing for first-time house buyers generated strong emotions.

Sky high: The crux of today’s housing woes is high house prices and low household income. Some developers have lowered prices, but the move is not enough to support demand while raising income will take time.
7 Nov 2018 | 7:00 AM

‘Untested risk’

PETALING JAYA: Plans to resolve affordability issues among first-time house buyers using a crowdfunding platform as an alternative source of financing has been greeted with curiosity and doubts.

3 Nov 2018 | 7:00 AM

Separate boards for property managers deemed unhealthy

TWO calls to have separate boards to govern property managers and real estate agents have raised many contentions with a developer weighing in on the issue.

Strata region: Aerial view of Mont’Kiara, where the majority of the Klang Valley’s strata projects are located.
29 Oct 2018 | 7:00 AM

Separate role for property managers

KUALA LUMPUR: Malaysian Institute of Professional Property Managers and Facility Managers (MIPFM) is suggesting property and facility management to be treated independently from valuation.

25 Oct 2018 | 12:26 PM

Ministry studying plans to amend Strata Management Act

KUALA LUMPUR: The Housing and Local Government Ministry  is studying proposals to amend the Strata Management Act 2013  (SMA 2013) but there is no definite time line when something conclusive can be announced.

Datuk Raja Kamarul Bahrain Shah said the ministry is aware there are many issues, inconsistencies and conflicts uncovered.
25 Oct 2018 | 7:00 AM

Builders seek govt help to reduce unsold housing units

PETALING JAYA: Developers have asked the government to help reduce the unsold completed housing units, which have continued to spiral up the last several years.

20 Oct 2018 | 7:00 AM

Unsold completed units on the rise

Hopefully, the coming budget will help to shed some light

Property cycle: Warrick Singh says property prices will not be down all the time. Just as there is a peak, there will be a bottom.
12 Oct 2018 | 7:00 AM

Department proposes fair price committee

KAJANG: The Valuation and Property Services Department has proposed the setting up of a committee to monitor the cost components of house prices.

Nordin: The aim is to ensure that house prices remain manageable and affordable for different segments of the population.