Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list. Property developer Mah Sing Group Bhd's (LBS) wish list for Budget 2024 which will be tabled in Parliament on Oct 13 is as follows:

Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list.

Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list.

Labour shortage has become a linchpin in the property sector, choking outputs and driving up costs. The industry has tried coping with it as best as it could under the current policies that have affected the supply of both skilled and unskilled labour in the industry.

The Royal Institution of Surveyors Malaysia (RISM) has announced its full support for the government's measures and strategies outlined in the 12th Malaysia Plan (2021-2025) and in particular, those aimed at improving strata housing management.

When it comes to the cost of developing property, construction, material and labour cost comes to mind but few people understand that a significant portion of the cost is the compliance cost, also known as the cost of doing business.

When it comes to the valuation of potential development, property valuators use a method of comparison, by evaluating a development to its surrounding property prices without taking into account the new infrastructure and amenities the development put into place.

In Sabah and Sarawak, the dynamics of the property industry differ significantly from a bustling city like Kuala Lumpur or in other parts of Peninsular Malaysia. In addition, social and affordable housing often pose unique challenges in urban areas that would not have been issues with the other...

Eyes are on the state as the publication of Budget 2024 approaches, bringing with it far-reaching implications for all sectors of the economy. Every year, property developers submit their budget wishlist, covering industry concerns, challenges and future-forward recommendations.

While developers are obliged to build affordable units, termed Mampu Milik, the implementation of these units is not as clear-cut as it should be. These guidelines differ across states to ensure the provision of quality and sustainable housing, with its own criteria and simultaneous programs to be...