PROPERTY NEWS


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#WestMalaysia
RM3.15m Fees for Foreign Property Purchases in Penang Exempted
Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said today that the state government has “lost&rdquo...
clock 15-07-2019

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#Article
Encourage Foreigners to Buy Local Property to Solve Overhang Issue
With the persisting property glut, the International Real Estate Federation’s (FIABCI) Malaysian chapter called on the government to encourage foreig...
clock 13-07-2019

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#WestMalaysia
MM2H Brought in RM40b Revenue to Malaysia
The Malaysia My Second Home (MM2H) scheme has raked in RM40.6 billion in total from its introduction in 2002 until 2018, from 21,841 approvals. Of that,...
clock 10-06-2019

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#Sarawak
Sarawak Ups Ante to Attract Foreigners Taking Up MM2H
Sarawak is looking into ways to attract more foreigners to take up Malaysia My Second Home (MM2H) in the state. Minister of Local Government and Housing...
clock 14-05-2019

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#BankingInvestment
Malaysia Benefits From China’s Capital Investment of RM181 Billion
Malaysia has been a major beneficiary of Chinese capital with investment totalling RM181 billion over the past 10 years, according to Knight Frank’s New ...
clock 03-05-2019

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#kk
My Foreign Friends, Where Should You Invest in Kota Kinabalu (KK)?
I am sure you have heard of Sabah before. If you have not, Sabah is situated at the North of Borneo. You might know our neighbors which are the Philippines...
clock 20-03-2019

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#WestMalaysia
KL Homes Remain Affordable for Foreigners Despite Rent Increase
Average expatriate rents in Malaysia’s capital increased by 7.42% to US$1,621 per month in 2018 compared to US$1,509 in the prior year, according to the ...
clock 15-03-2019

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#sba
SBA President's Hope to Extend Work Permits to Building Sector
It is evident that Sabah's local construction industry still relies heavily on foreign workers. To avoid a serious social issue of foreigners working illeg...
clock 14-02-2019

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#International
Malaysian Developers Not Hit by Weakening Aussie Dollar
With the sluggish property market in Malaysia, it is not surprising to see local property players expanding their presence to other countries, notably Aust...
clock 16-01-2019

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#International
Batam Authority Ready to Vouch for Foreigners Wanting to Buy Homes on Island
Batam Indonesia Free Trade Zone Authority (BIFZA or BP Batam) says it is ready to be the guarantor for foreigners who want to buy property on the island to...
clock 21-11-2018

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#WestMalaysia
Only One Percent of Malaysian Property Owned by Foreigners
Foreigners do not own more than one percent of property in Malaysia, revealed Housing and Local Government Minister Zuraida Kamaruddin. Zuraida said tha...
clock 13-11-2018

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#EastMalaysia
The Effect of Malaysia's New Government First Budget 2019
Malaysia Budget 2019, was announced last Friday (Nov 2) where one particular area that seems to be focused on by the government - the property sector. Over...
clock 06-11-2018

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#WestMalaysia
Putrajaya Can't Stop Foreigners From Buying Forest City Units
Deputy Housing and Local Government Minister Raja Kamarul Bahrin Shah Raja Ahmad says the federal government has no power to stop foreigners from buying pr...
clock 03-11-2018

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#EastMalaysia
Sabah Can Be Aerospace Hub
Sabah has a huge potential of becoming an aerospace hub for Maintenance, Repair and Overhaul (MRO) and aerospace manufacturing activities. Minister of Inte...
clock 01-11-2018

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#EastMalaysia
Far East Consortium to Introduce Perth Hub With Events in KK, Miri and Kuching
Fair East Consortium will be hosting three events, in collaboration with Bornion Realty, PMC Facilities & Real Estate (EM) Sdn Bhd and Trident Property Par...
clock 26-10-2018

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#International
Duty Surcharge on Foreign Buying in Australia Will Increase Come 2019
In the state budget delivered on 10 May 2018, Western Australia announced a 7% foreign purchaser duty surcharge to be introduced on 1 January 2019. Prior t...
clock 25-10-2018

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#WestMalaysia
Higher Property Stamp Duty on Foreigners Proposed to Increase Govt Coffers
Maybank Kim Eng Research senior economist Chua Hak Bin suggests the government impose higher property stamp duty on foreigners in the upcoming Budget 2019....
clock 11-10-2018

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#WestMalaysia
Malaysia May Limit Foreign Residents in $100B Development Near Singapore
Largely financed by mainland Chinese investors, Forest City, a multi-billion dollar property development near Singapore is facing uncertainty after Malaysi...
clock 24-09-2018

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#International
Overseas Buyer Withdraws Bid for $20m+ Waterfront Estate
Te Rere Cove on Waiheke Island is back on the market after a foreign buyer withdrew the application with the Overseas Investment Office. In August the O...
clock 15-09-2018

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#WestMalaysia
Malaysia Govt Mulling Over Lower Foreign Ownership Quota for Forest City: Report
The Malaysian government is studying the feasibility of reducing foreign ownership in Johor's Forest City development, Housing and Local Government Ministe...
clock 09-09-2018



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