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Disaster is always unforeseen, and home insurance is paramount. 😎 In this article we will discuss the three main categories of home insurance in Malaysia, shopping around for insurance policies, and how to file an insurance claim. Click to read more!

What is a turnkey property? 🧐 A turnkey property is a fully renovated home or apartment building that you can buy and immediately rent out or live in. The term turnkey refers to the fact that when the owner purchases a home, all they have to do is turn the key to the front door and they have a finished home. Read more here!

“High-end locations can potentially yield higher rental income due to demand from expatriates and affluent tenants. Consider the potential rental yield and whether it meets your investment goals.” Based on iProperty Transactions, the median price for condominiums in Bukit Jalil is RM560,000. 😎 Read more here!

The government will expand the Rent-to-Own scheme to enable more people from the B40 and M40 groups to own homes. 😀 Local Government Development (KPKT) Minister Nga Kor Ming said cooperation with financial institutions will be continued to provide attractive and sustainable housing financing packages. Click to read more!

“The high occupancy rate in Conezión, together with the strong and consistent rental demand that we have received has enabled us to commit an impressive 7% rental return to our prospective buyers under the IOI Buy With Tenant Program 2.0. Truly an opportunity not to be missed for those who are looking for a secure investment option,” said Nicole Lee, Head of Group Sales, Marketing and Branding, IOI Properties Group. Introduced in year 2022, IOI Buy with Tenant Program is a well-received campaign that offers prospective property investors an opportunity to own quality shops and offices in strategic location that are readily tenanted, enabling one to enjoy immediate rental income without the hassle of tenant hunting. 😀 Click to read more!

Housing developers may opt for the build-then-sell (BTS) housing delivery system rather than a sell-then-build (STB) delivery system soon. 😀 Local Government Development (KPKT) Minister Nga Kor Ming said the ministry is planning to introduce the move to reduce the number of ‘sick’ or delayed housing projects, adding that the KPKT will work together with the Real Estate Housing Development Association (Rehda) to overcome the issue. Click to read more here!

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When a developer abandons a project, it not only affects the buyers but also has a direct and harsh impact on the subcontractors and suppliers involved. These stakeholders may face unpaid bills, severe disruptions to their operations, and a significant loss of revenue. What can we do to further protect all stakeholders from abandon/sick projects? 😍 Click to read here!

The Malaysian Federal Court has confirmed that homebuyers can bring separate claims involving the same property in order to stay within the RM50,000 jurisdictional limit of the Homebuyer’s Tribunal (TPPR). 😎 The RM50,000 limit does not have to be for the combination of all claims in respect of the same property, as long as the respective claims are for different types of actions. Click to read here!

The Ministry of Housing and Local Government (KPKT) has included a clause within the Strata Management Act 2013 to address inter-floor leakage, a rising problem in strata buildings across Malaysia. Building managers and neighbours who do not cooperate in investigations and rectification may be subject to punitive actions including a fine of RM50,000.00 and/or 3 years imprisonment upon conviction. 😎 Click here to read more!

RM393.8 billion has been allocated for #Budget2024. Swipe to see some of the key incentives and discover what's in store next year! Click here to read more.

What do you think of Budget 2024? 😀 Click here to read the key highlights! Or click here if you want to read the BM version.

The Malaysian Institute of Property and Facility Managers (MIPFM) hopes the government will review the electricity tariff for strata residences, particularly service apartments purely for residential use. 👍👍👍 Click to read the latest property market news here!

KAJ Development Sdn Bhd (KAJD), the master developer of Melaka Gateway, has advised the public to be cautious and mindful of fraudulent investment activities involving the revived mega project. Those interested to invest in the mega project can visit the website or email invest@melakagateway.com. Melaka Gateway is a multi-sector development comprising tourism, hospitality, lifestyle, education, healthcare, housing and commercial properties. Click to read the news here!

51% anda mengundi "Bolehlah..." Mungkin ini berita baik untuk semua! 😘 Kementerian Kerja Raya telah mengarahkan Lembaga Pembangunan Industri Pembinaan Malaysia (CIDB) supaya mengadakan program khas kepada pemain industri bagi menangani isu reka bentuk dalaman kediaman yang tidak memenuhi kehendak pelanggan. Kita nantikan perkembangan terkini yang bagus ini. Baca berita penuh di sini!

Malaysia’s real estate market recorded a stable performance in the first half of 2023 (1H 2023), with the value of transactions increasing by 1.1 per cent to RM85.37 billion from RM84.40 billion in 1H 2022. Deputy Finance Minister I Datuk Seri Ahmad Maslan said the volume of transactions, however, showed a marginal decrease of 2.1 per cent to 184,140 for 1H 2023 versus 188,002 in the corresponding period last year. 👉👉👉 Click to read the news here!

Malaysians after all are very much driven by sentiment. Few would want to be seen owning a low-cost property. Click to read “Why affordable housing should not be subjected to price control.”

“There is a temporary supply issue and upcoming projects in the Klang Valley have dropped. We do not see a tremendous recovery of the market in the next five years. We are cautious about the outlook,”- Paramount Corporation Bhd group chief executive officer and director Jeffrey Chew Sun Teong. 👉 Click to read more here

The government will need to take fast action to boost Forest City here as a special financial zone so that it will not lose out to neighbouring countries that are aiming for the same slice of the pie. 😜 Read more here: Fast Action Needed to Boost Forest City as a Special Financial Zone