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Property News

  • Property News

    What’s a reasonable fee?

    By Datuk Chang Kim Loong Continuing the article entitled Selangor Sets a Precedent with Bumi Lot Penalty Waiver, this Part 2 article discusses what should be an appropriate amount to be paid. In a letter dated Jan 27, 2025 from the Selangor Property and Housing Board (LPHS) to the land proprietor’s liquidator, it was stated that…

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  • Property News

    Selangor sets a precedent with bumi lot penalty waiver

    A responsible government should ensure its citizens have a roof over their heads. Recognising this, the government has implemented several policies to assist the rakyat in acquiring homes, one of which is the Bumiputra Housing Policy. Introduced as part of the New Economic Policy in the 1970s, this policy aimed to reduce the income disparity…

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  • Property News

    Malaysia’s property bubble: A wake up call

    By Joseph Wong For generations, Malaysians have lived by an unwavering belief: Buy property. It never depreciates. This axiom has been deeply ingrained, marketed as an infallible shield against inflation, a tangible emblem of success and a steadfast repository of wealth consistently outpacing market volatility. Yet, in the current economic landscape, this long-held conviction is…

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  • Property News

    Bank Muamalat offers Step-Up Profit Rate for Housing Credit Guarantee Scheme financing

    KUALA LUMPUR (July 25): Bank Muamalat Malaysia Bhd is the first bank in Malaysia to introduce a Step-Up Profit Rate (Super) package under the Housing Credit Guarantee Scheme (SJKP), a government-backed initiative aimed at expanding affordable homeownership among underserved communities. Through the SMART Mortgage SJKP Super, Bank Muamalat is providing a more inclusive and flexible…

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  • Sime Darby Property’s KLGCC Mall achieves 85% occupancy rate as of July

    With a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences. KUALA LUMPUR (July 25): Sime Darby Property Bhd (KL:SIMEPROP) (SDP) has reported 85% committed occupancy for the Kuala Lumpur Golf & Country Club (KLGCC) Mall (pictured) as of July…

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  • Property News

    Archidex, Arec estimated to generate RM2b in business and investment opportunities

    Archidex, Arec estimated to generate RM2b in business and investment opportunities Deputy Prime Minister Datuk Seri Fadillah Yusof: “Asean is transforming into a resilient and competitive single market—where resources, capabilities and varying stages of development are seen as shared assets. This regional integration is accelerating infrastructure development, particularly in the property and real estate sectors,…

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  • Property News

    Nga urges Asean nations to strengthen collaboration to resolve housing trilemma

    Fadillah (centre) officially launching AREC and ARCHIDEX 2025 with Nga (third from left), Adrianta (left), Lim (right) and other officials at KLCC. — FAIHAN GHANI/The Star KUALA LUMPUR: Housing and Local Government Minister Nga Kor Ming has called for Asean countries to strengthen their regional collaboration to tackle the housing trilemma: Affordability, accessibility and sustainability….

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KR7 Residences

KR7 Residences

KR7 Residences, located in Shah Alam, Selangor, is a modern, high-rise residential project developed by Kemajuan Masteron Sdn. Bhd. With...
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