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KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quality of these assets. During his presentation at the 12th Malaysian Property Summit, Labrooy said having the government as…
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The property market is expected to remain resilient in the first half of 2019 followed by a gradual improvement in market activity, said Valuation and Property Services Department (JPPH) director Ahmad Zailan Azizuddin. He told EdgeProp.my that his prediction is backed by JPPH’s data which showed positive increments or only…
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Racial discrimination among landlords may finally come to an end, as the government is looking into measures to curb this ‘distasteful’ behaviour. House or room-rental hunters in Malaysia is probably accustomed to coming across advertisements with racial preferences attached to them. Some are not bothered by it, some think it…
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Header Image from BNM Real Property Gains Tax, or RPGT, is a form of tax imposed on the disposal of properties and the rate differs according to the number of years the owner has held on to the property. Stamp duty, on the other hand, is another tax payable upon…
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Featured image from MAPEX Facebook  It’s probably a good time to break the piggy bank (in this prosperous Year of the Pig!) for a house downpayment this year; as great savings for homebuyers will be introduced under Malaysia’s new Home Ownership Campaign – happening on 1st to 3rd March 2019. The…
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On 22nd January 2019, PEPS Executive Committee organized a courtesy visit to the Board (BOVAEP) to congratulate the new president, Sr Ahmad Zailan. The dialogue started off with an opening speech by the new President. One of the issues brought up for discussion was the Property Manager window registration period…
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On 8th January 2019 (Tuesday), a Courtesy Call was initiated by Mr. Foo Gee Jen as a representative from PEPS, with Dr Sarah Azlina Che Rohim, Financial Intelligence and Enforcement Department (FIED) of Bank Negara Malaysia (BNM). The Courtesy Call with BNM discussed matters regarding on BNM’s Prevention of Anti-Money…
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December 29, 2018 Top three challenges for the property market in 2019 1.    Controlling house prices — REHDA members will reduce house prices by 10% which is one way to liven up the property market. Sales and Service Tax (SST) exemptions could help reduce house prices by reducing the cost…
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November 10, 2018 New townships being developed today are often not located in the most sought after locations for property buyers but as urbanisation gains pace, these townships will eventually become self-sustaining if they are well-planned for sustainability. Some of the first master-planned townships in once-distant parts of the Klang…
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November 2, 2018 It would make more sense for the government to increase the Real Property Gains Tax (RPGT) rates within the first five years instead of imposing a 5% tax rate for Malaysian individuals after the fifth year, said the Association of Valuers, Property Managers, Estate Agents and Property…
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