2024 Stamp Duty Exemptions in Malaysia: Your Ultimate Guide to Saving on Property Transactions Klik sini untuk versi BM. Stamp duty is an important consideration in all real estate transactions. In any property purchase or transfer, it’s vital to properly assess all costs involved. That’s not always an easy task, however, so here’s a handy guide from us on what stamp duty is all...
PETALING JAYA: The local real estate industry has seen encouraging signs of recovery in the second half of 2023, and the positive trend is expected to continue in 2024, thanks to Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at three per cent, said property developer Masteron Sdn Bhd....
KUALA LUMPUR: Resolving the labour issues in the country this year will help the property market to pick up its momentum moving forward after having faced the labour crunch since the COVID-19 pandemic. Sime Darby Property Bhd's (SDP) group managing director Datuk Azmir Merican said the group is positive that it would overcome challenges as the property market is hopeful for growth next year. “I think...
KUALA LUMPUR: Matrix Concepts Holdings Bhd achieved RM310.8mil in new property sales in the second quarter of its 2024 financial year, with the lion's share of the sales stemming from Sendayan Developments. With the latest quarter, the property developer's new property sales in 1HFY24 rose to RM616.1mil. The group's...
PETALING JAYA: Malaysia’s property market showed positive growth in the third quarter of 2023 with a 3.7% increase in volume and 22.6% in value compared to Q3;22. More than 100,000 transactions worth RM57.15 billion were recorded in the review period. According to the director-general of valuation and property services department, the residential continued to support the overall property market...
KUALA LUMPUR: Finding the right property can be both a significant life milestone and a challenge, especially for first-time property owners. However, online local property tech platform Property Genie is here to help. With a focus on accessibility, efficiency, and optimal user experiences, the platform aims to empower developers, agents, and property enthusiasts alike. Dedicated to serving the diverse...
PropertyGuru Malaysia Property Market Report Q4 2023 The Malaysian residential property market has shown resilience amid economic challenges, with potential for growth driven by infrastructure developments and shifting consumer preferences towards the rental market. However, the market may face constraints on further price increases in the face of weak demand and increased listings. Infrastructure...
PETALING JAYA: The property market activity recorded more than 100,000 transactions worth RM57.15 billion in the third quarter of 2023 (Q3’23), an increase of 3.7% in volume and 22.6% in value compared with Q3’22, according to the Valuation and Property Services Department in the Finance Ministry. Disclosing this yesterday by the National Property Information Centre (Napic), it said that from the...
Renewed Growth in Johor’s Iskandar Malaysia Offers Property Investment Opportunities Regional development plans and an influx of investment are expected to elevate Iskandar Malaysia’s property market to greater heights. The Iskandar Malaysia corridor in Johor has seen significant progress since its inception in 2006 as the country’s first economic growth corridor. With RM368 billion worth of...
KAJANG: Malaysia’s real estate market recorded a stable performance in the first half of 2023 (H1’23), with the value of transactions increasing by 1.1% to RM85.37 billion from RM84.40 billion in H1’22. Deputy Finance Minister I Datuk Seri Ahmad Maslan said the volume of transactions, however, showed a marginal decrease of 2.1% to 184,140 for 1H 2023 versus 188,002 in the corresponding period...