Government proposes to cut housing loan interest rates A proposal which would reduce housing loan interest across banks nationwide is expected to be presented to the Cabinet soon, announced Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, today. The proposal which will ease the financial burden of those applying for house loans, he said,…
Read More
Economic statistics show that there is no looming real estate bubble in Malaysia this year, assured CBRE-WTW Managing Director Foo Gee Jen. “We will not have a ‘bubble situation’ as we strongly believe that the fundamentals are still there,” he said after presenting his firm’s 2018 Asia Pacific Real Estate Market Outlook on Wednesday (17…
Read More
Before they decide to buy a property – whether it is a house, condominium, apartment or shop – Malaysians tend to consider many factors that may be considered to be ‘non-scientific’ or even ‘superstitious’. Within the Malaysian property context, factors like the property’s feng shui – its location at a ‘T’ junction, its location below the road…
Read More
A market review on building materials within the construction sector showed that prices of the four-most utilised materials – namely, cement, steel, sand and ready-mixed concrete – are not the main cause of the rising housing cost in Malaysia. Conducted by the Malaysia Competition Commission (MyCC), the review was made amid the concerns raised by…
Read More
Penang is fast becoming a hotspot for property investment, so take a look at the Penang property market with some important advice from Lim Wei Seong of Henry Butcher Malaysia Penang. Economy Overview Penang has a population of about 1.16 million and is the second smallest state in Malaysia. Yet, it is one of the three…
Read MoreSo you’re renting for the first time and want to make a good impression on your potential landlord. You want them to approve your application, so you willingly provide any information requested such as a copy of your identity card, employment letter, payslips and the like. But if you were to reverse the tables and…
Read MoreGEORGE TOWN (March 21): The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) wants the DAP-led Penang government to build more affordable houses to be sold at a reasonable price to civil servants in the state. Its president, Datuk Azih Muda, said a reasonable house price should be the main aspect of…
Read MoreKUALA LUMPUR (March 21): Kerjaya Prospek Group Bhd, formerly Fututech Bhd, has bagged a RM181.31 million contract from China Communications Construction Co (M) Sdn Bhd (CCCC) for dredging works pertaining to the second phase of the reclamation for Seri Tanjung Pinang development (STP 2) in Penang. In a filing with Bursa Malaysia today, Kerjaya said…
Read More
Like many other industries, real estate is driven by the cardinal rule of the market: Buy low, sell high. We all know this. And lately there are a couple of ways to give your sales an edge that stands out. Presenting these five tips to your potential customers will help sell your properties faster and…
Read More
KUALA LUMPUR (March 12): The auction market has the potential to become an avenue to market non-distressed properties with some classy and creative sales strategies, said an auction market expert. While changing the perception of auction properties as forced sales by banks is a daunting task, agents with the right skills can also sell non-distressed…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.