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Wednesday, October 23, 2019

Tag: properties

Singaporeans will snap up Johor property if threshold drops, says Zuraida

The housing and local government minister says it is up to Johor to decide whether to allow foreigners to buy properties worth RM600,000.

Allow direct transfer from EPF for 10% downpayment, says real estate...

Rehda president says at present buyers have to find the money elsewhere to pay the downpayment.

Don’t lower prices for foreigners, house buyers tell Johor

National House Buyers Association honorary secretary Chang Kim Loong says it is the duty of the government to cater to the needs of local buyers first.

Hong Kong protests benefit Thai luxury developers

Buyers from mainland China and Hong Kong are top property investors in Thailand's ultra-luxury condominiums which includes a 52-story Bangkok tower.

4 things to know about the voluntary tax programme

The Income Tax Special Voluntary Disclosure Programme allows you to declare any unreported income, with a lower penalty rate.

Are there mortgage-slaves in Malaysia?

There are those who buy at the wrong time and are forced to sell at a loss, and those who swear by property investment as they sold theirs at a profit.

Penang sees RM2.6m in investments: What does this mean for property?

The Batu Kawan area will likely see more manufacturing plants set up, with employees of those plants looking for homes nearby their workplaces.

9 steps towards financial freedom

Here is some handy advice on how to gauge your financial standing and make the necessary changes to achieve financial freedom.

Perak slashes time limit to open unsold Bumi properties to non-Bumis

Perak MB says the shorter time frame will help alleviate the burden of housing developers.

Property glut made worse by high-priced new homes, says house buyers’...

HBA says housing developers should sell their properties at discount and build houses in the price range of RM150,000 to RM300,000 to reduce number of unsold units.

Roots and shoots: China seeks new markets for ancient medicines

2,400-year old traditional Chinese medicine (TCM) is deeply rooted in the country and remains popular despite access to Western pharmaceuticals.

Housebuyers body slams new property gains tax

The National House Buyers Association wants the government to reconsider tax on profits from any property sale after five years.

Study: House prices near MRT stations too high due to poor...

A study by the Centre for Governance and Political Studies finds that many properties located within a 1km radius of the MRT Sungai Buloh-Kajang line are too expensive for the B40 and M40 groups.

Buying units does not mean foreigners can get ‘residence’, says PM’s...

The Prime Minister's Office says certain conditions are imposed on the purchase of property by foreigners, irrespective of nationality.

RM400 mil unsold Bumi properties in Kedah to be released

Levy from the sales will go into a trust fund to help the less fortunate own a house, says exco member.

Think tank: Don’t relax housing loan rules to beat property glut

IDEAS says the proposal by the housing ministry to relax loan requirements may worsen the situation given the current property market conditions.

Penang exempts approval fees for property purchased at expo

State housing exco Jagdeep Singh Deo says this is meant to stimulate the housing industry in the state.

Malaysians rally behind #chocs4cops after Najib’s complaint

The movement aims to deliver chocolates to police stations this Saturday following Najib Razak's complaint that officers searching his home had taken sweets from the fridge.

Peruvian prosecutors seize ex-president’s properties, bank accounts

Ollanta Humala was also given until the end of the day to vacate his residence in Lima.

All-time high of 25,000 residential properties still unsold

Valuation and Property Services Department sets up website to help potential buyers find out where these unsold completed properties are located.

Malaysia’s super rich top global average in property investment plans

Report says about 43% of Malaysia’s wealthiest plan to buy properties overseas, beating the global average of 34%.

Analyst: Don’t blame Singaporeans for Johor property prices

A political economist says more people from China are buying properties in Johor, and that various domestic forces have resulted in the spike in property prices.

E-lelong: 4 engagement sessions held with affected parties

Federal Court chief registrar refutes claim by auctioneers that system was implemented without consultation.

E-Lelong court auctions in all peninsular states by mid-2018

The system will make bidding more transparent, convenient and efficient.