Housing Ministry blacklists 109 property developers for non-compliance, says minister

Housing and Local Government Minister Nga Kor Ming said the offences committed by these developers included failing to submit development status reports and audit reports, as well as balance sheets and profit and loss statements, to the authorities

Damaged property or vehicle in Putra Heights blaze? PIAM expedites insurance claims — here’s how to file yours

If your house or car was damaged in the Putra Heights gas pipeline fire yesterday, be sure to document the damage with photos or videos to support your insurance claims. These are some of the tips shared today by the General Insurance Association of Malaysia (PIAM) for those affected by...

Klang Valley Residential Property Market Shows Growth in Transaction Volume and Value in 4Q2024

Fong Kean Hwa, Director of Research and Consultancy at Savills Malaysia, noted that while Selangor saw improvements in demand and transaction volume alongside a decline in unsold inventory, Kuala Lumpur recorded stronger growth in transaction value despite a persistent overhang in high-rise properties.

Sunway is getting one of Johor Bahru's hottest land at reasonable cost, analysts say as shares extend rally

Shares of Sunway extended their gains on Friday as investors and analysts cheered the deal. Sunway Construction Group Bhd (KL:SUNCON), its construction arm widely tipped to be appointed for the mixed-use development, also rose further on Bursa Malaysia.

Johor Bahru Property Market on Upward Trend Amid New Initiatives

The property market in Johor Bahru is experiencing positive growth, bolstered by recent governmental initiatives and new project announcements, according to Samuel Tan, CEO of Olive Tree Property Consultants (Johor) Sdn Bhd. These developments include the launch of the Johor-Singapore Special Economic Zone (JS-SEZ), proposals for enhanced public transportation, and...

‘It’s unacceptable’ — Surging property prices in Johor Bahru spark concerns among local residents

The property market in Johor Bahru has seen a significant price surge, largely driven by foreign investors and the upcoming Rapid Transit System (RTS) link to Singapore. The rising demand, particularly in areas near the RTS corridor, has sparked concerns among local residents who fear being priced out of homeownership.

Shouldn’t stratified properties enjoy lower assessment rates by DBKL?

The owners of strata properties (landed or multiple-storey) already bear the financial burden of maintaining their shared infrastructure and facilities through contributions to their joint management bodies, management corporations (MCs), or subsidiary management corporations.

Jaya Shopping Centre to be sold for RM100mil

Asian Pac Holdings will purchase the Section 14 shopping mall through its wholly owned unit, Primadana Utama Sdn Bhd.