Real Estate and Housing Developers’ Association Malaysia (Rehda) has expressed its “wish” that the government under newly appointed 10th Prime Minister Datuk Seri Anwar Ibrahim take measures to tackle the many issues afflicting the property and construction industry.

For this, we decided on a unique and transparent methodology of scrutinising developers based on their quantitative and qualitative attributes. What the developers claimed in their glossy marketing collateral and building plans did not excite us.

The Selangor government has received input from Real Estate and Housing Developers Association Malaysia (Rehda) to help overcome challenges faced by developers in providing affordable homes.

Property developers in Peninsular Malaysia reported a 26% decline in unit launches and a 5% sales drop in the first half of 2022 (1H2022) from the second half of last year (2H2021), according to Real Estate and Housing Developers’ Association (Rehda) Malaysia.

The Real Estate and Housing Developers’ Association of Malaysia (Rehda) has appealed to the government to consider extending the 75% stamp duty exemption to all buyers and not just first-time house buyers.

The Budget 2023 is seen as a pre-election budget, and the government is expected to take positive steps with measures to boost the property market, which has ailed along with the Covid-19 pandemic.

The fee limit was among the government’s recent decisions on housing matters through the Pemudah.

Four “green real estate players” from Malaysia and Singapore signed a Memorandum of Understanding (MOU) on Tuesday to strengthen collaborative efforts for the cross-adoption of green building solutions, innovations and best practices between both countries.

"The issues we face here in Malaysia are not uncommon with some of the other member countries."

UEM Sunrise Bhd, which turned a net profit of RM20.7 million in the second quarter ended June 30, 2022 (2QFY22), is cautiously optimistic of achieving its sales target of RM1.5 billion.