PROPERTY NEWS

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#EastMalaysia
Sabah Developers on the Losing End of Current System

Developers in the state say that a number of real estate projects in Sabah have been put on hold, while the development plans are still being held by the c...

15-09-2018

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#chief
Sabah Wants to Reduce Delays in Development Projects

Chief Minister Shafie Apdal wants to introduce a faster system to approve development projects in Sabah. He said the government was mulling the possibil...

17-08-2018

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#EastMalaysia
Government Will Look Into Expediting OC for Gardens Condo

Some 500 homebuyers of the Gardens @ Bundusan have suffered long over the delay obtaining their Occupation Certificate (OC). On 22 June 2018, it was report...

10-08-2018

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#EastMalaysia
Housing Demand to Bounce Back in 2019

The residential property market is expected to bounce back in 2019, amid a growing appetite for residential units in the first quarter of 2018 compared to ...

16-07-2018

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#kota
Faster Property Project Approvals, Says Sabah CM

KOTA KINABALU: Chief Minister Datuk Seri Shafie Apdal said a special committee will be formed to approve property development and real estate in order to h...

24-06-2018

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#WestMalaysia
CIMB Introduces 1-Minute Home Financing InstaApproval

CIMB Bank Berhad and CIMB Islamic Bank Berhad ("CIMB”) have launched the 1-Minute Home Financing as part of CIMB's InstaApproval platform. The CIMB 1...

06-03-2018

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#WestMalaysia
No Increase in Monthly Housing Loan Repayments

The 0.25 percentage point increase of the overnight policy rate (OPR) will not cause any increase in monthly housing loan repayments, the National House Bu...

29-01-2018

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#EastMalaysia
Hap Seng to Build Roundabout to Ease Access to Kingfisher Inanam

Hap Seng held a sales appreciation event on Saturday, 20 January at their Kingfisher Inanam site. Deputy General Manager of Sales and Marketing (Sabah), Ca...

22-01-2018

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#chinese
Chinese Hotel Investor Can’t Wait for Long Approval

A Chinese entrepreneur wanted to invest in the hotel industry in Sabah but decided against it in the end when he learned that the approval process would ta...

19-01-2018

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#WestMalaysia
Justify It and You Can Build It, Says Johari

Second Finance Minister Datuk Johari Abdul Ghani said developers may still build shopping malls and offices, even as the government has decided to freeze t...

12-12-2017

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#WestMalaysia
Government Is Tackling Property Glut, Says Minister

PETALING JAYA: The government is taking measures to resolve the property glut but it has to act in such a way as to not send the wrong signal to investors,...

08-12-2017

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#WestMalaysia
Developers Can Still Build Offices, Malls With 'Justification'

KUALA LUMPUR: Despite an announced freeze of approvals for shopping complexes, offices and condominiums priced above RM1 million, developers can still buil...

07-12-2017

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#EastMalaysia
Not Easy to Select 100 Houses for Repairs, Says Pairin

TAMBUNAN: Deputy Chief Minister Tan Sri Joseph Pairin Kitingan said it was not easy to select 100 houses that were eligible for repair in the Keningau parl...

06-12-2017

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#EastMalaysia
Government Endorses DP Flow Chart Issue Raised by Developers

The new flow chart to speed up the approval of development plans (DPs) and other related matters have been introduced by the State Government. It will i...

06-12-2017

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#pan
Five of Seven Pan Borneo Highway Package Works Underway

KOTA KINABALU: The Pan Borneo Highway project delivery partner, Borneo Highway PDP Sdn Bhd (BHP) is confident that the Phase 1 of the project can be comple...

30-11-2017

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#EastMalaysia
Strata Law Review in Second Phase, Says Minister

KOTA KINABALU: When the Land (Subsidiary Title) Enactment 1972 was introduced in Sabah in the 1970s, it was considered by property managers as the most pro...

26-11-2017

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#WestMalaysia
Home Financing: Approval Rate Improving?

ARE housing loan approval rates slowly increasing? There are various accounts on this with property developers saying that a big number of housing loan ...

17-11-2017

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#WestMalaysia
Residents Object to New Condo Developments

KUALA LUMPUR ― Residents in Taman Desa, a Kuala Lumpur neighbourhood, have started a petition to protest the building of new condominiums, citing co...

07-11-2017

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#ccris
Will DSR Affect My Loan Approval?

You might be wondering what DSR is and how this affects my property loan approval. Let's understand what DSR is first. DSR stands for Debt Service Ratio...

19-10-2017

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#WestMalaysia
Here’s Why You Can’t Afford a House, Bank Negara Tells Malaysians

KUALA LUMPUR — Malaysia's central bank has a response to those saying it needs to do more to spur home loans: houses simply aren't affordable. Ba...

11-10-2017


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