A majority of these housing projects have been granted Certificates of Completion and Compliance, while the rest have had their status changed to "in progress".

The research house said building materials (Cahya Mata Sarawak Bhd) and construction (Gamuda Bhd, IJM Corp Bhd, Sunway Construction Group Bhd, TRC Synergy Bhd and WCT Bhd) sectors should benefit from the multi-billion development expenditure after long delays caused by the political uncertainties between 2018 and 2022.

The real estate market has been on edge since Bank Negara Malaysia (BNM) announced an unexpected increase of 25 basis points on the overnight policy rate (OPR) on May 3.

Hong Leong Investment Bank (HLIB) Research has maintained its “Neutral” rating on the construction sector and said it prefers to take a longer term view. In a sector update on Monday (July 3), the research house said domestic re-rating catalysts are well anticipated by the market.

With i-Miliki, an initiative under Putrajaya’s Home Ownership Programme 2022/2023 or HOPE, first-time purchasers of homes priced RM500,000 and below will be fully exempted from paying the stamp duties on the Memorandum of Transfer (MOT) and loan agreement, while first-time purchasers of residential units priced above RM500,000 up to RM1 million will receive 75% remittance on the two stamp duties.

Top Builders Capital Bhd, which previously delayed the release of its annual report for the financial year ended June 30, 2022 (FY2022) to complete a forensic audit on irregularities found in the group's scheme of arrangement, now says it did not appoint any forensic auditors to look into the matter due to budgetary constraints.

Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 3%, as the central bank believes the global economy continues to be driven by resilient domestic demand.

Bagaimana prestasinya setakat ini dalam memimpin kementerian tersebut? Dengan mencapai 100 hari pada awal bulan ini, EdgeProp meninjau usaha penting yang dilakukan oleh ahli Parlimen Teluk Intan tersebut.

“I am aware that my duties and responsibilities in KPKT are big and challenging with a wide range of stakeholders and target groups… therefore, I promise to do my best to carry out my responsibilities, to ensure the aspirations of the Unity Government can be achieved as soon as possible.”

Malaysia's total property transaction value hit RM179.07 billion in 2022, the highest-ever value recorded by the National Property Information Centre (Napic) since 2001.