Prices of condominiums near international schools in Mont’Kiara
With an increasing demand for international schools offering primary and secondary education, we take a look at the link between international schools and residential property values.
With an increasing demand for international schools offering primary and secondary education, we take a look at the link between international schools and residential property values.
The National House Buyers Association (HBA) has time and again reminded the housing minister and those under the ministry’s charge on the need to rein in the conduct of those so-called court-appointed officers, namely liquidators.
Malaysia is facing a unique housing problem. On one hand, the median property prices are too high and are beyond the mass population's affordability. As a result, even middle-income groups, not to mention the lower-income groups, find it almost impossible to buy their first homes.
Would you buy property in 2024? If so, where, when and in what should you invest your money?
To woo purchasers in a competitive property market, developers often offers various freebies, including air-conditioners, kitchen cabinets, automatic gates, club memberships and legal fees.
The announcement of a Johor-Singapore special economic zone (SEZ) at the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) on July 14, 2023 was greeted with excitement on both sides of the border.
The prerequisite issues must be settled by KPKT before the Urban Renewal Act can be enforced, or else the ministry would end up biting more than it could chew and leave house buyers in a worse-off state than when they began.
We provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia. At the prevailing median household income of RM5,209 a month, and allowing 50% of disposable income (of RM4,543 a month) to be spent on fixed commitments (home mortgages and instalments on car loans), it translates into a median affordable house price of RM350,000, higher than the RM330,000 median house price for all of Malaysia in 2022, according to the National Property Information Centre (Napic)
The recent report on “Homeowners unknowingly sold bumiputera lots, slapped with RM13m penalty fees” is not a newly discovered issue. In fact, it was already highlighted last year during the Selangor State Assembly that convened in March. Subang Jaya Assemblyman Michelle Ng Mei Sze had asked for updates on the “Prevention system against sale of bumi inter-alia lots”
Let us start with the definition of myth: (a) a widely held but false belief; and (b) an exaggeration or idealised conception of a thing.