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Business

Demand for houses and real estate in Klang Valley continues despite high prices

PETALING JAYA: Despite high land prices, interest in real estate in and around the Klang Valley is expected to continue from foreign and local buyers, according to property consultants.

Business

Selling a haunted house

SELLING a house, even in a stable property market, can be quite a challenge. But what if the home you’re trying to dispose of happens to be haunted?

Business

Factors that define the best places to live

PETALING JAYA: The high cost of a property and the relative prestige of the neighbourhood are only two of the factors that define the best places to live for the super-rich.

Business

The global effect on property

THE signs of the times are here, and they are not unique to Malaysia. The concerns about the global economy are real. Whether one is an avid property watcher or a young person considering a downpayment on one's first home, there are certain things to take into account.

Business

RPGT increased to 10%

Under Budget 2012, it was proposed that a real property gains tax (RPGT) of 10% be applied to properties held and disposed of within two years.

Business

Opportunities in secondary market

OPPORTUNITY may present itself for house buyers looking for properties in the secondary market especially in prime areas, with the property market going through a soft patch, dampening sentiments of speculators.

Business

Property players concerned over new housing loan criteria proposal

KUALA LUMPUR: A proposal to change the way housing loans are approved has property consultants and analysts worried as they felt loans given based on net income as opposed to gross income would dampen demand for housing.

Business

Rate hike unlikely to impact on property market

PETALING JAYA: The property market will not be impacted by the recent increase in the overnight policy rate (OPR), said property consultants.

Business

Pressure on office rental rates

PETALING JAYA: The abundance of office space supply in 2011 is expected to create pressure on rental rates for this property sub-sector.

Business

Residential property prices likely to stay flat

PETALING JAYA: Property prices of the local residential sub-sector are expected to be flat in the next few months as fears of rising oil prices due to the political unrest in the Middle East may damper investor and buyer confidence.