KUALA LUMPUR: The third Klang Valley Malaysian Property Exposition (MAPEX) 2009 will be offering more than 4,000 units of homes valued at over RM2 billion for sale.

KUALA LUMPUR: The authorities in the growth corridors must have sustainable town and city planning standards to allow viable and attractive developments to take place.

GEORGE TOWN: The property sector in Penang has seen an improvement in the second quarter of 2009 compared to the sluggish 2008 in the aftermath of the global economic meltdown.

KUALA LUMPUR: The Real Estate and Housing Developers’ Association Malaysia (Rehda) is concerned about the re-imposition of the Real Property Gains Tax at 5% for disposal of real property effective next year.

Its president, Datuk Ng Seing Liong said such an imposition is counter productive to the efforts to stimulate the property market, especially in the current global economy.

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.