29/12/2020
StarProperty - News : Overhang property precipitate developers’ hangover
Divergence of location, type of property and prices contribute to growing number of unsold unitsContributed by Chang Kim LoongThe unreleased Bumiputera lots contribute to about 40% to 50% of the country’s overhang numbers. And the number continues to grow. Many completed houses in certain states w...
29/12/2020
StarProperty - News : Things will never be the same again
A slew of changes are set for the property sectorBy Joseph Wong and Vigneswar RajasurianPlans might have to be redrawn for existing projects.The Covid-19 pandemic is continuing to change the face of normalcy in unprecedented ways. This highly infectious disease which wreaked havoc across the globe a...
17/12/2020
StarProperty - News : Property stakeholders give thumbs-up to Budget 2021
The recently announced Budget 2021, which is centred around the people’s well-being, business continuity and economic resilience, has been well-received by property stakeholders.
10/11/2020
StarProperty - News : What to do with your haunted home?
Regardless of our beliefs in the supernatural, homes that are purportedly haunted have a diminished value. This results from the lack of market demand, either in terms of rental or own stay purposes. Hence, seasoned home buyers and investors know to avoid such properties.But even then, we may never....
10/11/2020
StarProperty - News : Overhang will worsen before it gets better
Multiple factors weighing down sales performanceBy Nalina Suria RaviThe slight improvement in overhang last year was credited to the success of the Home Ownership Campaign (HOC). According to the Real Estate and Home Developers Association (Rehda), a total of 57,635 units worth nearly RM36bil were s...
30/09/2020
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30/09/2020
StarProperty - News : Rising number of property scams worries MIEA
The number of complaints received by the Malaysian Institute of Estate Agents (MIEA) has increased by 30% during the movement control order (MCO) and the subsequent modified and recovery MCO periods. This increase of complaints is a cause of concern for MIEA, which fears that members of the public m...
30/09/2020
StarProperty - News : Buying a home? Know your SPA first
People buying their home for the first time will come across a legal document called the Sales and Purchase Agreement (SPA). As much as it is a prerequisite to gaining ownership over your home, there are other reasons why you need to understand about this document.What is a SPA?It is a binding legal...
24/09/2020
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24/09/2020
StarProperty - News : Too many cooks may spoil the soup
There’s a danger that affordable homes could be the next big overhang if overbuiltBy Joseph Wong [email protected] Rajasurian [email protected] Viktor Chong [email protected] this what the future will look like? An overbuilt of high-rise residential property?Like th...