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Old property issues go into new year

It has been an eventful year on all counts for those on the property front, be it buying or selling

Unsold completed residential properties increase by 48%

PETALING JAYA: Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago.

Boosting buyers’ potential to own first home

THE recent budget tabulation is a positive move towards encouraging house buyers, particularly first-timers, to own their first home, according to Jeffrey Cheah Institute of Southeast Asia Economic Studies Programme director Dr Yeah Kim Leng.

Mah Sing posts RM64.2mil net profit in Q3

KUALA LUMPUR: Mah Sing Group Bhd is looking to launch new projects in the Klang Valley area, focusing on affordable homes segment where demand is said to be the strongest, after earnings in the third quarter declined.

RM1bil fund to help spur sale of affordable homes

PETALING JAYA: Bank Negara is setting up a RM1bil Fund for Affordable Homes to help home buyers from the lower income group nationwide to finance the purchase of their first homes.

REIT managers seek waiver of withholding tax

PETALING JAYA: Real estate investment trust (REIT) managers are hoping that the Government will waive the 10% withholding tax for resident and non-resident individuals.