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Low wage earners just cannot afford to buy a house
PETALING JAYA: With the housing market at the crossroads, where house prices have been moderating but remain severely unaffordable, there is a strong consensus to push for a well-functioning rental market in the country as a policy priority.
IT comes as no surprise that housing woes are among the key talking points in the country. Malaysians have in recent times said just how expensive it is to buy a house, and data would show that house affordability in Malaysia has reached severe levels.
New York: The great Manhattan rent surge of 2019 is tapering off.
LONDON: Debenhams, the embattled U.K. department store chain that was taken over by its lenders earlier this month, plans to close as many as 22 stores next year and reduce rents on others in a bid to stay afloat.
PETALING JAYA: In yet another first for the Ecoworld brand, EcoWorld International Bhd (EWI) has successfully clinched its first build-to-rent (BTR) deal for two of its project sites in Britain, at an estimated value of £400mil (RM2.12bil).
PETALING JAYA: Low oil prices and slowing economic growth have resulted in companies from across the board renegotiating their leasing agreements, property consultants say.
THE sequence of events leading to the agreement between the Selangor and federal governments to consolidate the water industry in Selangor seems to suggest that Mentri Besar Tan Sri Abdul Khalid Ibrahim was rushing into the deal amidst speculation of him being removed from him position.
I-Bhd expects to rake in RM40mil in annual rental income from its proposed RM400mil shopping centre in i-City in Shah Alam.hr noshade size=1 width=50%>