Latest news for: rehda

Efficient Bumiputera units release can help reduce property overhang

Rehda vice-president and Selangor Branch chairman Zulkifly Garib: For properties, location is a matter of choice. For example, there are places where the Bumiputeras will not choose to live and also places where non-Bumiputeras will not go to. It is tricky to find a balance.

Promote Malaysia before promoting projects, developers told

Real Estate and Housing Developers' Association (Rehda) president Datuk Soam Heng Choon: Interested developers could form a loose coalition with ministries such as the Ministry of Tourism, Arts and Culture Malaysia and Ministry of Housing and Local Government, as well as perhaps Rehda in coming up with promotional efforts. 

PPK Malaysia: Covid-19 Act must protect both tenants and landlords

Malaysia Shopping Malls Association (PPK): This is a very delicate proposal as it is a call for the government to introduce a law to intervene in, essentially, a private contract between two contracting parties. Any intervention must be based on equity and be 'win-win' to BOTH the contracting parties.  

Penang reduced serviced apartment overhang by 50% in 2019

The overhang situation in the serviced apartment / SOHO sub-segment in Penang saw marked improvement last year, with only 69 overhang units worth RM91.31 million recorded in 2019 compared with 141 units worth RM119.61 million in 2019.