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Malaysia Property Market Outlook In 2020

Malaysia Property Market Outlook In 2020

Malaysia Property Market Is the property market in Malaysia going to get better or deteriorate in 2020? According to the National Real Estate Information Center Malaysia’s (NAPIC) first-quarter survey, the volume of transactions in Malaysia’s 2019 has increased. Comparing to 2018, the real estate transactions in 2019 improved 0.8% in the first quarter, with the total value of […]

HOC Is Not For Foreigners

HOC Is Not For Foreigners

The government’s Home Ownership Campaign (HOC) which was launched since last January was not meant for the sales of any properties to foreigners. The KPKT Minister, Zuraida Kamaruddin said that this national campaign was launched for the locals. The explanation thus refutes the claim that HOC seeks to ‘line up’ the sale of the houses for the benefits of […]

Local Property Market Is Showing Positive Sign In 2019 First Half

Local Property Market Is Showing Positive Sign In 2019 First Half

The local property market is gradually recovering ever since Home Ownership Campaign 2019 (HOC) launched. According to a report data from National Property Information Centre (Napic) in September, local property market improvement can be noticed in the first half of 2019. The volume of transaction nationwide rose 6.9% comparing to the first half of 2018. […]

How Does Budget 2020 Affect You In Buying Your First Property?

How Does Budget 2020 Affect You In Buying Your First Property?

At the recent Budget 2020 presentation, the government will collaborate with financial institutions to introduce a Rent To Own (RTO) financing scheme. Now, what is RTO? Our Finance Minister, Lim Guan Eng said that a Rent To Own (RTO) financing scheme has been set up for those unable to afford the initial 10% deposit and […]

Is PR1MA Project Still Feasible?

Is PR1MA Project Still Feasible?

PUTRAJAYA: According to a past report, there is a high possibility where the PR1MA project would be dissolved. This is due to substantial amount of hangover units especially in locations with lower demand. Today our Housing and Local Government Minister Zuraida Kamaruddin said that the final evaluation report for the feasibility to continue PR1MA will […]