Unsold homes spike over 1H19, says Napic

Berita Hartanah

KAJANG: Residential overhang continued to increase in the first half of 2019 (H1’19) though at a lower rate than last year. According to the National Property Information Centre (NAPIC), bulk of the overhang units were condominium and apartment units priced between RM200,000 to RM300,000, mainly contributed by Perak. There were 32,810 residential overhang units worth …

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HBA: Lowering property price for foreigners will send wrong signal

Berita Hartanah

KUALA LUMPUR: The National House Buyers Association (HBA) said the lowering of the floor price for foreign property buyers sends the wrong signal to developers. HBA honorary secretary-general Datuk Chang Kim Loong was commenting on the Johor state government’s proposal to lower the current RM1mil price threshold to RM600,000 in an effort to reduce its …

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KPKT and Finas helping local artistes in need to own their first homes

Berita Hartanah

PUTRAJAYA (Aug 30): The Housing and Local Government Ministry (KPKT) has launched an initiative to help local artistes in need to own their first home at People’s Housing Project (PPR) schemes.  The initiative called Inisiatif Perumahan Komuniti Seni Harapan was established in collaboration with the National Film Development Corp of Malaysia (Finas). It kicked off today with the …

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Maybank HouzKEY now available for Berjaya Land’s The Tropika

Berita Hartanah

KUALA LUMPUR (Aug 19): Berjaya Land Bhd (through its subsidiary company Berjaya Golf Resort Bhd) is partnering Maybank Islamic Bhd (Maybank) to offer its HouzKEY home financing solution for the developer’s latest development The Tropika, Bukit Jalil.  The 6.5-acre freehold The Tropika is a unique nature-inspired mixed development comprising residential and commercial components that combine …

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