KUALA LUMPUR: The Real Estate & Housing Developers' Association Malaysia (Rehda) is confident the property market can be stable amid the gloomy global economic outlook.

Its chairman of finance and investment committee Datuk Ng Seing Liong said the market would probably take a breather after having been quite bullish in 2010 and the first half of 2011.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) hopes the government will not make changes to the current laws regulating the housing industry in the upcoming budget.

KUALA LUMPUR: Leading players in the property industry gathered last night to honour the country’s top developers at The Edge Property Excellence Awards 2011.

At the ceremony held annually, the awards are The Edge Top Property Developers Awards (TPDA), The Edge-PEPS Value Creation Excellence Award and The Edge-PAM Green Excellence Award.

KUALA LUMPUR: A majority of the developers expect property prices to rise by a further 20%. However, the price increment is not so much because of strong demand but the rising cost of building materials.

KUALA LUMPUR: Property stocks have been among the hardest hit from the recent sell-off in equities, reflecting a waning optimism in the sector.

The KL Stock Exchange Property Index, which serves as a benchmark for the sector, fell to its lowest point since July 2010 last Friday. It closed at 833.8 points, a stunning week-on-week loss of 13%.

KOTA BHARU: The revelation by a study that 400,000 Kelantanese cannot afford to buy a house is a serious matter which must be tackled, says Datuk Mohd Fatmi Che Salleh, political secretary to the prime minister.

The study, conducted by the Real Estate and Housing Developers Association (Rehda), found that the 400,000 Kelantanese had a monthly income of below RM2,000.

SUBANG JAYA: Middle and high-end properties are getting more expensive partly because developers are passing on the costs they have to bear in building low-cost houses.

SUBANG JAYA: The uncertainties over the world economic prospects have started to take a toll on the local property market. Transactions have been slowing down in the past three months compared with a year ago, in addition to stricter requirements for mortgage application.

KUALA LUMPUR: Malaysia's property industry is expected to remain buoyant next year in tandem with the likely strong growth in the palm oil and oil and gas sectors.

ETALING JAYA: Major property developers have been snapping up large plots of land worth well over a billion ringgit, even as the global economic scene turned more cloudy. And it is interesting to note that these acquisitions are mainly located outside the country’s largest property market, the Klang Valley.