KUALA LUMPUR: The property sector is highly unlikely to get more incentives under the Budget 2010 proposals to be unveiled on Friday, as the earlier incentives had been given out in the past two Budgets and stimulus packages.Kenanga Investment Research said on Wednesday, Oct 21 it was expecting a rather quiet Budget for the sector and most property companies had weathered the financial storm we

PETALING JAYA: The federal government and Malaysian Bar Council should take a leaf from Singapore’s book and liberalise fee guidelines for the conveyance of property titles, said the Real Estate and Housing Developers’ Association Malaysia (Rehda).

KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda) Malaysia wants the stamp duty rates for property transfers to be reduced in Budget 2010.

Rehda Malaysia president, Datuk Ng Seing Liong said the association is also asking the government to increase the value range of the properties to be transferred.

PETALING JAYA: Members of the Master Builders Association of Malaysia (MBAM) and its affiliates want the government to address the impact of the 0.5% ad valorem stamp duty imposed by the government on construction contracts.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (REHDA) is still cautious about the outlook for the property sector despite some positive signs have appeared, especially among residential properties.REHDA president, Datuk Ng Seing Liong said on Aug 11 total property transactions declined to 79,149 in the first quarter of this year (1Q09) from 80,163 a year ago.

PETALING JAYA: Members of the Master Builders Association of Malaysia (MBAM) and its affiliates want the government to address the impact of the 0.5% ad valorem stamp duty imposed by the government on construction contracts."Before the ruling came into effect on Jan 1, 2009, contractors only needed to pay a flat stamp duty of RM10 per contract.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) with Rehda Wilayah Persekutuan (KL) and Selangor is organizing its second Klang Valley Mapex 2009 (Mapex 2009) property exhibition with the theme, "Go Green" from July 31 to Aug 2, 2009.

Weaker market sentiment as demonstrated by fewer enquiries for space as well as in some cases the easing of rents, and a cautious stance towards new developments best sum up the present mood in the commercial property market.Even property players would concede that while the sluggish market sentiment as a result of the global financial crisis has been felt across all sectors of the property mar

It has been said that we do not inherit the earth from our ancestors, we borrow it from our children. But in what condition will this world be when we hand it over to future generations?Towards the end of the last century, the energy and transport sectors were identified as the two main culprits responsible for the degradation of our environment.

With chronic traffic congestion, flash floods, lack of green living initiatives, and other inadequacies, Kuala Lumpur hardly fits the profile of a “world-class” city.