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Noisy construction riles up residents
A NOISY neighbouring construction site is causing havoc to the residents in Bandar Sungai Long, Kajang.Retiree Wong Nak Tick, 65, realised this inconvenience after moving into his brand new three-storey bungalow in Taman Taming Indah 2.“I have made a police report and written to Kajang Municipal...
Residents against hillslope development
A GROUP of residents have voiced out their protest against a hillslope project in Ampang, which they said went against existing development and planning guidelines.De Puncak Ukay residents in Taman Ukay Perdana are objecting to an approved housing project on a steep hillslope in their...
RM1bil fund to help spur sale of affordable homes
PETALING JAYA: Bank Negara is setting up a RM1bil Fund for Affordable Homes to help home buyers from the lower income group nationwide to finance the purchase of their first homes.The fund will be available for two years from Jan 2, 2019 or until the fund is fully utilised, according to a Bank...
Creating the world’s first REIT for airports
PETALING JAYA: The government has proposed to set up the world’s first airport real estate investment trust (REIT) to raise RM4bil to fund future airport upgrades and expansion.The idea of setting up an airport REIT is to move the aviation industry towards a self-sustainable model that does not...
‘RPGT increase to affect market’
THE increase in the Real Property Gains Tax (RPGT) to 5% from 0% on Malaysian individuals for the disposal of properties after the fifth year could subdue the local property market further.PPC International managing director Datuk Siders Sittampalam said the measure, which was tabled at Budget 2019...
The StarProperty.my Awards is back for the fourth time
By Viktor ChongThe hunt is on for the perfect home, and house buyers are leaving no stones unturned. From landed developments, to high rises and the luxurious villas, the property market is filled with various products that are bound to meet buyers’ expectations.According to the Rehda Property...
Upgrading your house, things to be concerned about
BY Aisyah Suwardiaisyahs@thestar.com.myAlthough the property market seems to be focusing on the first-time homebuyers, there are other segments of buyers in the market, and among them are the upgraders.Upgraders are typically homeowners who are looking to buy their next home to accommodate their...
Separate board for estate agents is not the solution, says MIPEAC
The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) disagrees with suggestions for a separate Board for Estate Agents made recently according to a statement by the association.It is in response to calls for a separate Board for Estate Agents recently."MIPEAC does note...
Budget 2019: Commentary from a global player
With the release of Malaysia’s new financial plan came some questions, so we solicited an economist to get his thoughts on Budget 2019."A growth-centric, austerity-driven, and people-focused budget"– Shan Saeed (Chief Economist of IQI Global)Shan Saeed, Chief Economist for IQI Global – a real...
Budget 2019: Highlights of the property market
PETALING JAYA: Finance Minister Lim Guan Eng is tabling Budget 2019 in Parliament, the first federal budget by the Pakatan Harapan government.The tabling of the Supply Bill (Budget) 2019 will commence before Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof, and will be debated by the Members of...