Property News Summary – 18 December 2017

KL ranked 10th among world’s most visited cities Kuala Lumpur is ranked 10th among the world’s most visited cities, according to Euromonitor International in its Top 100 City Destinations ranking 2017. “As a popular shopping destination which offers affordable shopping

Property News Summary – 15 December 2017

EPF members can make withdrawals of any amount from Jan 2018 The Employees Provident Fund (EPF) has enhanced and simplified its policies to enable members aged 55 and 60 to make partial withdrawals of any amount at any time from

Property News Summary – 14 December 2017

National Housing Policy 2.0 will be ready soon, says minister The National Housing Policy (DRN) 2.0 for the period 2018-2022, is currently in the final phase of preparation. Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar said

Property News Summary – 13 December 2017

Malaysians now enjoying much higher living standard Malaysians are now enjoying a much higher standard of living than before, said Economics, Institute of Strategic and International Studies (ISIS) said. Malaysians were slowly substituting to buy foreign vehicles rather than the

Celebrate Christmas & Discover Delightful Decorations At These Shopping Malls In Malaysia (2017)

“I’m dreaming of a white Christmas…” Alright, we probably won’t ever see actual snowfall in Malaysia, but there’s the next best thing that we Malaysians know: air-conditioned shopping malls! 😛 From frosty winter wonderlands to exqusite Grecian gardens, not to

Property News Summary – 12 December 2017

NAPIC: Staying ahead of the retail curve The retail supply in the country especially in the Klang Valley has continued to expand rapidly despite the growing challenges in the industry such as market dilution and the expanding e-commerce trend. However,

Property News Summary – 8 December 2017

RM57 billion in house loans approved till Sept 2017 Housing loans amounting to RM57 billion have been approved by banking institutions to 142,558 applicants for first time house purchases from January until September this year. Since 2010, the government and

Property News Summary – 7 December 2017

BNM: Beware of illegal money lenders Bank Negara Malaysia (BNM) has cautioned the public over the recent modus operandi by persons or companies conducting illegal money lending activities using fake money lending licences purportedly issued by the Bank. These fraudsters

Singapore Property Bulls Ignore Central Bank’s Warning

Monetary Authority of Singapore (MAS) --Photo from The Business Times

(Source: Bloomberg) Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may not play out for years. After double-digit

Property News Summary – 6 December 2017

Developers can build houses above RM1mil if they meet requirements The government will allow housing projects worth more than RM1 million in big cities if they meet the requirements set by the Urban Well-being, Housing and Local Government Ministry. Approval