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Nation

Developers must register those who buy more than four units in a single project

SHAH ALAM: Developers who sell more than four units of houses to a buyer in a single project are now required to register the buyer with the Urban Wellbeing, Housing and Local Government Ministry.

Business

Latest government cooling measures can help stabilise property market

THERE are many ways to stabilise the residential property market and the latest measure by the Government to curb bulk buying is a step in the right direction to ensure a more equitable market that is led by real demand.

Business

RHB Research maintains Neutral on Malaysian property

KUALA LUMPUR: RHB Research is maintaining its Neutral recommendation on the Malaysian property sector on news the government is mulling to impose a new policy to curb property bulk buying and stop the Property Investors Club (PIC) concept.

Nation

Four-unit limit for bulk sales by developers

KUALA LUMPUR: The Government has implemented a measure to control bulk sales of property to try and curb the proliferation of “property clubs” that have been walking away with handsome profits, especially in the Klang Valley.

Business

Property investment is not riskless

EARLIER this week, a developer signed an agreement valued at about RM100mil with a company that “specialises in wealth management through property marketing and risk management.”

Business

Property sector measures in Budget 2014 hailed

PETALING JAYA: Describing the proposals for the property sector as “apt, correct and measured”, property professionals said Budget 2014 will curb excessive speculation and help to solve affordability issues besetting the housing market.

Business

Budget 2014: Property measures timely

PROPERTY consultants and analysts described the proposed new real property gains tax (RPGT) regime and the removal of the developers interest bearing scheme (DIBS) as both timely and much needed in view of the speculation in the property market of late.

Business

Investment clubs thrive in rising property market

AN author and property seminar speaker who declined to be named says property investment clubs thrive in a rising property market. They have been rather quiet this year compared to the flurry of activities the last two to three years because developer’s cost is going up, which results in prices going up too, but not as steeply as before.

Community

Concert nets almost RM4mil

THE 1Malaysia Welfare Club has sold more than 55,000 tickets for the charity concert featuring international artistes at the Han Chiang High School (HCHS) field in Penang.

Nation

Almost RM4mil collected for concert

GEORGE TOWN: The 1Malaysia Welfare Club has sold over 55,000 tickets for a charity concert featuring international artistes at the Han Chiang High School (HCHS) field.