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Berita Hartanah

Knight Frank is exclusive agent for Western Digital’s PJ manufacturing sites

PETALING JAYA (June 11): Knight Frank Malaysia has been appointed the exclusive agent by Western Digital to market the latter’s hard disk drive (HDD) assembly facilities in Sungai Way Free Trade Industrial Zone (FIZ), Petaling Jaya, Selangor. In a statement today, Knight Frank Malaysia capital markets executive director Allan Sim said the Western Digital plants […]

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Private and government valuation gap for developments needs to be narrowed

KAJANG (April 30): The gap between the private and government sector valuation for developments needs to be narrowed, said Finance Minister Lim Guan Eng. “I always hear that there is a difference between the valuation figures provided by the government sector [Valuation and Property Services Department] (JPPH) and the private sector valuers – we need […]

Berita Hartanah

Property market to stabilise in 2019

KAJANG (April 30): The Malaysian property market has gradually improved over 2018 and is expected to stabilise this year, on the back of increases in volume and value of total transactions at the end of 2018, according to the National Property Information Centre (NAPIC) of the Department of Valuation and Property Services. Market activity in […]

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MoF to take action against banks who fail to give out housing loans to those eligible

KUALA LUMPUR (April 26): Action will be taken against banks who “deliberately” do not give out housing loans to those who are eligible or who fulfil the criteria. “If you have difficulty getting loans, refer to MoF (Ministry of Finance),” advised Finance Minister Lim Guan Eng, telling homebuyers to escalate their grievances to the ministry. […]

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TTDI residents question Khalid’s ‘win-win’ statement on scaled-down Taman Rimba Kiara project

KUALA LUMPUR (April 26): The Taman Tun Dr Ismail Residents Association (TTDI RA) has questioned the validity of a statement made by Federal Territories Minister Khalid Abdul Samad describing the scaled-down Taman Rimba Kiara project as a ‘win-win solution’. This week Khalid announced that the developer of Taman Rimba Kiara has agreed to scale down […]

Berita Hartanah

HBA: Be ready to make sacrifices if you want to buy a home today

SERI KEMBANGAN (April 23): If you want to buy a home in today’s market, you must be ready to make sacrifices, said National House Buyers’ Association (HBA) honorary-secretary general Datuk Chang Kim Loong. “Buying a house is not as easy as it was a decade ago. House buyers must be prepared to make sacrifices – forgo those latest gadgets in […]

Berita Hartanah

Housing DG: Overhang probably too strong a word

SERI KEMBANGAN (April 23): “Unsold units” would be more appropriate a word than “overhang” to describe the current state of unsold completed properties in the country.  “Overhang means the industry is in dire straits and unable to absorb any new supply,” said National Housing Department director-general Jayaselan Navaratnam.  According to the definition by the National Property Information Centre (Napic), […]