A new man is in charge. Datuk Muhammad Ibrahim took the reins from Tan Sri Zeti Akhtar Aziz as Bank Negara Malaysia (BNM) governor on May 1.

The 2016 Mapex Property Showcase organised by the Real Estate and Housing Developers’ Association Youth (Rehda Youth) will kick off on May 11-15 at the 1 Utama Shopping Centre from 10am to 10pm, the organisers announced in a press release today.

Four speakers from the US, Australia, Shanghai and Singapore will share their experiences on bringing vibrancy to their city’s public spaces at the annual conference, which will be held at the Sime Darby Convention Centre in Kuala Lumpur.

The real estate exhibition, which opened its doors to the public from today to this Sunday (April 15 to 17), is also the first Mapex exhibition to have government institutions showcasing their affordable homes.

Although there are sufficient laws to govern the housing industry but the degree of enforcement is lacking.

SEREMBAN (April 12): A total of 2,215 properties worth over RM1.37 billion will be offered at competitive prices at the Malaysia Property Expo 2016 (Mapex 2016), reported Bernama.

The youth wing of the Real Estate and Housing Developers’ Association, better known as Rehda Youth, organised its seventh Green Tour on March 9.

Property developers are expected to see more unsold residential units in 2016, as launches over the past two years are expected to come on stream, amid a slowdown in demand.

Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.

Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.