Malaysia Property Exposition (Mapex) Selangor Barat 2023 by the Real Estate and Housing Developers' Association (Rehda) Selangor was inaugurated at Central I-City Shah Alam, Selangor, on Friday (Aug 4).

The third installment of the Green Build Conference (GBC) 2023, which was held on Tuesday (Aug 1), highlighted the importance of long-term sustainability in the country’s real estate industry by urging stakeholders to plan their climate ambitions accurately and demonstrate their commitment and ability to take decisive climate actions.

The recent hike in conveyancing legal fees will result in a rise in the cost of purchasing a house, said Real Estate and Housing Developers' Association Malaysia (Rehda).

The Binjai on the Park and Kuala Lumpur Convention Centre retained their Gold status at The Edge Malaysia Best Managed & Sustainable Property Awards (BMSPA) 2023 under the 10 Years & Above Multiple-owned Strata Residential Category and 10 Years & Above Specialised Category, respectively.

Sunway Real Estate Investment Trust (REIT) deputy chief executive officer Clement Chen Kok Peng will assume the role of CEO effective July 1, which is part of the trust’s leadership succession planning.

Real Estate and Housing Developers’ Association Malaysia (Rehda) has officially launched Rehda Institute Digital Resource Centre on Tuesday (June 27) at Wisma Rehda Kelana Jaya.

Besides bank loans, venture capital has the potential to play a crucial role in driving green lending and sustainable development in the Malaysian property 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.

Making homes generally affordable to local citizens should be an objective of the Malaysian housing sector.

Real Estate and Housing Developers’ Association (Rehda) Malaysia is of the view that to make housing “more affordable for all rakyat, the government should be fully responsible for the delivery of affordable housing, as it was over 50 years ago, and as it is in many countries worldwide”.