There is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia. And this could get worse if property developers start offering housing loans to homebuyers who have difficulty obtaining a mortgage from banks.

Sales may have fallen short in 1QFY17 on the lack of new launches.

Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.

Since its opening in September 2012, Legoland Malaysia has been drawing thousands of visitors daily. Situated in Medini Iskandar, the 76-acre development — also the country’s first international theme park — is constantly hosting events and lively activities. Its mastermind, Medini Iskandar Malaysia Sdn Bhd (MIM), plans to emulate the success of Legoland Malaysia and its other past launches — Mall of Medini and Gleneagles Medini — by introducing commercial office towers in the Medini Iskandar township.

Construction companies saw strong new infrastructure contract procurement in the first eight months of 2016.

We believe that property developers will be very selective in applying the new scheme to their products as the cash flow from repayment periods exceeding 10 years is slower than the current period of between three and five years.

Sales of the Battersea Power Station project in London, which contributes 49% of its RM8.2 billion unbilled sales, have slowed down considerably in the aftermath of Brexit.

Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business…

Property developers will be selective in applying new scheme to their products, says analyst

Attributed to possible problems with foundation works — sources