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Property News & Articles

The Price is Right, or Is It? What Happens when Bank Valuations are Lower than Negotiated Prices?

Jan 22, 2018

The Price is Right, or Is It? What Happens when Bank Valuations are Lower than Negotiated Prices?

If you ever made an emotional bid on a property, and you and the owner went back and forth on the offer, you probably experienced trying to get a loan, and everything going down the drain when the valuation came in lower than the agreed price.

Rent-to-own housing scheme open for applications

Jan 18, 2018

Rent-to-own housing scheme open for applications

HouzKEY, an innovative product based on a rent-to-own scheme that was launched last November, is now open to the public in the Klang Valley for applications.

Beware of environmental factors when buying a property

Jan 18, 2018

Beware of environmental factors when buying a property

Location is key in property purchase, and the consensus is that the Klang Valley is the prime area, but before signing the sale and purchase agreement, prospective buyers should be alert to red flags that may warn of potential health risks in certain loca

Auction house introduces ‘hybrid auction’ for properties

Dec 28, 2017

Auction house introduces ‘hybrid auction’ for properties

Ng Chan Mau & Co Sdn Bhd is believed to be the first to conduct a “hybrid property auction”, which combines manual bidding with online bidding of auction properties.

Auction company launches first hybrid auction for cars, properties

Dec 21, 2017

Auction company launches first hybrid auction for cars, properties

Auction company, Ng Chan Mau and Co Sdn Bhd today launched the first ever hybrid auction in the country.

EPF members can make withdrawals of any amount from next January

Dec 14, 2017

EPF members can make withdrawals of any amount from next January

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 beginning next January.

Klang council going all out to collect due assessments

Dec 6, 2017

Klang council going all out to collect due assessments

KLANG Municipal Council (MPK) collected RM170.95mil in assessments as of November, a 2% increase compared to the same period last year when the municipality collected RM167.26mil.

Freeze on KL high-end property projects has little effect on stocks

Nov 23, 2017

Freeze on KL high-end property projects has little effect on stocks

An indefinite freeze on approvals for the development of high-end residential and commercial property above RM1mil in Kuala Lumpur is expected to have a negligible impact on most property stocks on Bursa Malaysia.

High-rise living the future, says FT Minister

Nov 20, 2017

High-rise living the future, says FT Minister

KUALA Lumpur residents can expect more skyscrapers for their future homes rather than bungalows and terraced houses.

Slowdown in Penang property deals likely following recent flooding

Nov 13, 2017

Slowdown in Penang property deals likely following recent flooding

The demand for property near hill slopes and flood-prone areas in Penang is likely to experience a decline, following the recent flooding which destroyed millions of ringgit of property and assets.

‘There are homes out there’

Oct 26, 2017

‘There are homes out there’

Affordable houses costing between RM200,000 and RM250,000 exist. They are just difficult to access. There are thousands of them but awareness among buyers is low.

Rent-lease system for TOL land in Negeri Sembilan

Oct 19, 2017

Rent-lease system for TOL land in Negeri Sembilan

Negeri Sembilan will no longer allow locals to occupy government land by giving out Temporary Occupation Licences (TOL) that are renewable annually, in view of the rampant abuse of the permit.