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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.

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.

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.

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.

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.

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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

Property inventory worsening, but builders with unsold units still building

PETALING JAYA: The level of unsold property inventory is continuing to worsen despite the fact that developers have been aggressively unwinding their unsold units over the past two years.

Firms to be rebranded to correct ah long perception

PUTRAJAYA: The Housing and Local Government Ministry is to rebrand money-lending companies to remove the negative perception that they are unlicensed syndicates commonly known as ah long.

Tackling housing, overhang problems

Affordable Homes and Rumahku portal fund launched

Research house sees intense competition in affordable housing sector

PETALING JAYA: The intense competition for affordable housing is expected to continue as home ownership for the B40 group remains the government’s top agenda.