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Sun, 15 Sep 2019, 9:43 PM
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Topic: National Property Information Centre

Malay Mail:
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Minister: Unsold high-end properties here to be offered to HK, China buyers
KUALA LUMPUR, Sept 11 — Housing and Local Government Minister Zuraida Kamaruddin plans on taking Malaysia’s Home Ownership Campaign (HOC) to Hong Kong and China.
The Star:
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Greater access to housing fund will not resolve overhang issue
PETALING JAYA: Bank Negara’s efforts to increase the number of applicants seeking assistance from its RM1bil housing fund are not expected to make waves, industry sources say.
EdgeProp.my:
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Property oversupply due to tight lending rules, says ACC
KUALA LUMPUR (Aug 9): Tight lending rules have caused the property industry in the country face oversupply in certain segments, said ASEAN Chamber of Commerce (ACC) president Datuk Moehamad Izat Emir.
The Edge Markets:
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Property oversupply due to tight lending rules, says ACC
KUALA LUMPUR (Aug 8): Tight lending rules have caused the property industry in the country face oversupply in certain segments, said ASEAN Chamber of Commerce (ACC) president Datuk Moehamad Izat Emir.
The Edge Markets:
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Property stocks not out of the woods yet
AS the property sector continues to grapple with lower sales amid a growing glut, stocks of listed developers have been underperforming the market and almost all are now trading at discounts of more t...
The Edge Markets:
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KL home prices contract three quarters in a row
HOUSE prices in Kuala Lumpur have contracted for three consecutive quarters year on year, statistics from the National Property Information Centre (Napic) and Bank Negara Malaysia show.
kopiandproperty.com:
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Loan applications up A LOT. Not high enough though. How high?
Is today a buyers’ market or is it a sellers’ market.
Malay Mail:
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Amid overhang concerns, real estate federation says property market still healthy
GEORGE TOWN, Aug 5 — International Real Estate Federation (Fiabci) Malaysia President Michael Geh said the country’s property market remains healthy, after recording sales of about 90,000 units of...
EdgeProp.my:
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Home prices in Kuala Lumpur 'contract three quarters in a row': Report
PETALING JAYA (July 27): Using information from the National Property Information Centre (Napic) and Bank Negara Malaysia, The Edge Malaysia reported in its latest issue that home prices in Kuala Lump...
The Star:
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Home prices are affordable but ...
JUST about a month ago, the National Property Information Centre (Napic) released the Malaysian housing data for the first quarter (Q1) period ended 2019. There are several interesting findings from the state of the Malaysian property market in the first quarter, especially for homebuyers but definitely not for developers, as overhang remains elevated.
Free Malaysia Today:
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Malay interest group okay with releasing Bumi lots for a price
KUALA LUMPUR: An umbrella organisation representing Malay economic interests has called on state governments to follow Johor’s lead in charging developers a conversion levy in exchange for releasing...
The Star:
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Residential property needs ‘realistic’ evaluation
PETALING JAYA: The Malaysian residential market needs to be evaluated with a more realistic approach to curb the rising overhang that’s being caused by the current demand-supply mismatch in the market.
kopiandproperty.com:
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Secondary property market, what is happening now and next year?
If we have saved enough down payment for a home, it’s always good to include secondary market as one of the choices too.
theSun:
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Home Ownership Campaign extended to Dec 31, 2019
PETALING JAYA: The Home Ownership Campaign (HOC) has been extended until Dec 31, 2019.
Free Malaysia Today:
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Stamp duty exemption for first-home buyers extended 6 months till year end
PETALING JAYA: The finance ministry has extended by six months stamp duty exemption for first-home purchases till Dec 31 this year.
The Edge Markets:
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Govt extends Home Ownership Campaign till Dec 31
KUALA LUMPUR (June 30): The government has extended the Home Ownership Campaign for six months, till December 31 this year, announced Housing and Local Government Minister Zuraida Kamaruddin, followin...
The Star:
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Overhang value exceeded 600% over five years
OF late, there have been calls from different quarters appealing to the government to reduce the pricing threshold of properties that foreigners are allowed to buy.
The Edge Markets:
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Rise in housing prices not due to cost of cement, says association
KUALA LUMPUR (June 20): The Cement and Concrete Association of Malaysia (C&CA) said the price of cement is not driving house prices up, pointing to the Malaysian House Price Index (MHPI) which shows t...
Malay Mail:
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Cement producers lost RM1b, insist cement price not linked to expensive housing
KUALA LUMPUR, June 20 — Three of Malaysia’s biggest cement producers have been suffering losses close to RM1 billion over the past nine quarters, a cement group said today.
The Edge Markets:
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Hong Kong investors snap up affordable property in Malaysia with an eye on...
(June 18): Homebuyers in Hong Kong are looking at Malaysian property as second homes and for retirement, with Kuala Lumpur, Penang and Johor Bahru garnering a lot of interest because of affordable pri...
The Edge Markets:
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Big data to aid in making better property development decisions
Rehda Institute, the training and research arm of the Real Estate and Housing Developers’ Association Malaysia (Rehda), held the “Big Data Analytics For Real Estate & Property Development” confe...
The Edge Markets:
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Glimmer of light for property market
THE 2018 Property Market Report, released last week by the National Property Information Centre (Napic), revealed a number of significant points.
kopiandproperty.com:
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Penang’s overhang is dropping! Time to buy?
Is Penang a popular state? Try going there during any major holiday and you will know it is.
EdgeProp.my:
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Property market stabilising, worst likely over, say analysts
KUALA LUMPUR (May 4): Industry experts “believe the property market is finally showing signs of stabilising, which may lead to a slight recovery this year”, reported The Edge Malaysia in its lates...
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Penang sees drop in property overhang
GEORGE TOWN (May 4): Penang has bucked the trend among the States by registering a drop in the number of unsold housing units last year, said State Executive Councillor in charge of housing, Jagdeep S...
The Star:
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‘Property overhang in Penang going down’
GEORGE TOWN: While the number of unsold properties in Penang has dropped, it has increased significantly in many states, says state Housing Committee chairman Jagdeep Singh Deo.Sharing the latest statistics from the National Property Information Centre, he said Penang had 3,916 unsold properties in 2017 but it had slid back to 3,502 last year.
The Edge Markets:
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Penang sees drop in property overhang
GEORGE TOWN (May 3): Penang has bucked the trend among the States by registering a drop in the number of unsold housing units last year, said State Executive Councillor in charge of housing, Jagdeep S...
Malay Mail:
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Penang sees drop in property overhang, says state exco
GEORGE TOWN, May 3 — Penang has bucked the trend among states by registering a drop in the number of unsold housing units last year, said state executive councillor in charge of housing, Jagdeep Sin...
EdgeProp.my:
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Mall occupancy dips below 80%
KAJANG (April 30): Shopping complexes recorded a drop in average occupancy rate in 2018 to 79.3%, down from 81.3% in 2017, according to the National Property Information Centre's (NAPIC) National Prop...
EdgeProp.my:
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Malaysia’s high-rise and detached housing prices drop, first time in 10 years
KAJANG (April 30): High-rise and detached homes in Malaysia have recorded a -1.2% and -1.8% change on the Malaysian House Price Index 2018 (MHPI). This is the first time these two residential property...
EdgeProp.my:
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Property market to stabilise in 2019
KAJANG (April 30): The Malaysian property market has gradually improved over 2018 and is expected to stabilise this year, on the back of increases in volume and value of total transactions at the end ...
Malay Mail:
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Citing unofficial data, Napic sees healthier sales for Malaysian property in Q1
KAJANG, April 30 — The Malaysian property sector is looking perkier in the first quarter of 2019, National Property Information Centre (Napic) director Md Badrul Hisham Awang said today at the launc...
Malay Mail:
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Despite large overhang, finance minister upbeat more Malaysian property will sell in 2019
KAJANG, April 30 ― Finance Minister Lim Guan Eng is optimistic that more people will be buying Malaysian houses and commercial property this year.
The Edge Markets:
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Residential property overhang increased 30.6% in 2018 — NAPIC
PUTRAJAYA (April 30): Malaysia's residential property overhang increased 30.6% in volume to 32,313 units in 2018 compared to 24,738 units in 2017, up 27% in value to RM19.86 billion.
The Star:
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Many cannot afford a home in the city
Owning a home has increasingly become out of reach for many in Malaysia.
kopiandproperty.com:
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Overhang is ‘incorrect.’ Perhaps unsold is the correct word instead.
I think I have explained this many times in my talks.
EdgeProp.my:
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Housing DG: Overhang probably too strong a word
SERI KEMBANGAN (April 23): “Unsold units” would be more appropriate a word than “overhang” to describe the current state of unsold completed properties in the country.
The Edge Markets:
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Housing DG: Overhang probably too strong a word
SERI KEMBANGAN (April 23): “Unsold units” would be more appropriate a word than “overhang” to describe the current state of unsold completed properties in the country.
EdgeProp.my:
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Unsold completed residential properties up 30.6% in 2018
PETALING JAYA (April 23): Malaysia has recorded a total of 32,313 units of unsold completed residential properties in 2018 valued at about RM19.8 billion.
Vulcan Post:
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How The Team Behind This RM60 Mil Coliving Space Expects To Make It Profitable In 1 Year
Owning a home nowadays isn’t a walk in the park.
EdgeProp.my:
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MIEA attributes property market slowdown to financing issue
KUALA LUMPUR (March 16): The slowdown in the property market is largely due to the problem of financing as demand remained intact, said the Malaysian Institute of Estate Agents (MIEA). Its President E...
The Edge Markets:
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MIEA attributes property market slowdown to financing issue
KUALA LUMPUR (March 15): The slowdown in the property market is largely due to the problem of financing as demand remained intact, said the Malaysian Institute of Estate Agents (MIEA). Its President E...
Malay Mail:
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MIEA attributes property market slowdown to financing issue
KUALA LUMPUR, March 15 — The slowdown in the property market is largely due to the problem of financing as demand remained intact, said the Malaysian Institute of Estate Agents (MIEA). Its President...
Free Malaysia Today:
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Property market expected to recover in second half of the year
KUALA LUMPUR: The Malaysian Institute of Estate Agents (MIEA) expects the property market to register a recovery in the second half of the year.
EdgeProp.my:
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Rehda’s RM3bil sales target at HOC 2019 ‘too hard to achieve’ - property consultants
PETALING JAYA (March 11): The goal of reaching RM3bil in sales during the course of the six-month Home Ownership Campaign 2019 (HOC 2019) may be difficult to attain, despite the discounts and initiati...
The Star:
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Residential vacancy rate would be a better gauge
SEVERAL organisations, including the National Property Information Centre (NAPIC), published the property Stock and Status Q3 2018 data in January.
The Star:
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MIEA: Extend HOC 2019 incentives to buyers of secondary properties
KUALA LUMPUR:The Malaysian Institute of Estate Agents (MIEA) has urged the government and stakeholders to weigh the importance of the secondary residential property market by reviewing incentives, offered during the six-month national Home Ownership Campaign 2019 (HOC), to be extended to first-time home buyers looking to purchase from the secondary market.
theSun:
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PM urges all parties to help realise One Million Affordable Homes agenda
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad today urged all parties, including the state governments, to be mutually responsible for realising the One Million Affordable Homes agenda and to n...
Malay Mail:
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PM: No point becoming an advanced country if people still unable to own homes
KUALA LUMPUR, March 1 — Prime Minister Tun Dr Mahathir Mohamad today said that it is pointless for a country to become advanced if its citizens still live in impoverished houses because they are una...
EdgeProp.my:
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Why buy during the HOC?
Homeownership is no doubt one of the hottest topics in Malaysia currently especially when the inventory of residential property in the country is rising and has accumulated to an all-time high in rece...
Free Malaysia Today:
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Include vacant property in market analyses
The National Property Information Centre (Napic) has said that the number of unsold homes in Malaysia reached a new high of 30,115 units, amounting to RM19.54 billion in 3Q18. The figure represents th...
theSun:
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Housing Integrated Data System to monitor affordable housing market
PETALING JAYA: The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide.
The Edge Markets:
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Frankly Speaking: No easy fix for KL office space glut
With a mammoth skyscraper in Kuala Lumpur about to be completed, the glut of office space is going to get much worse.  The Exchange 106 at the Tun Razak Exchange (TRX) is expected to be ready by year...
Channel NewsAsia:
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Market mismatch slows once-booming private property market in Penang, Malaysia
KUALA LUMPUR: Discounts, lucky draws and freebies were everywhere at property fairs across Penang over the first weekend of the Chinese New Year period.
EdgeProp.my:
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MTEM worried developers in Perak may treat Bumiputera quota lightly
KUALA LUMPUR (Feb 22): The Malay Economic Action Council (MTEM) is against the Perak Government’s decision to allow housing developers to apply for properties under the Bumiputera quota to be releas...
The Edge Markets:
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MTEM worried developers in Perak may treat Bumiputera quota lightly
KUALA LUMPUR (Feb 21): The Malay Economic Action Council (MTEM) is against the Perak Government’s decision to allow housing developers to apply for properties under the Bumiputera quota to be releas...
The Edge Markets:
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JPPH: Overhang issue requires cooperation between private and public sectors
KUALA LUMPUR (Feb 21): Solving the much-publicised issue of overhang properties requires stakeholders from the private and public sectors to come together, said Valuation and Property Services Departm...
EdgeProp.my:
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JPPH: Overhang issue requires cooperation between private and public sectors
KUALA LUMPUR (Feb 21): Solving the much-publicised issue of overhang properties requires stakeholders from the private and public sectors to come together, said Valuation and Property Services Departm...
The Edge Markets:
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Mah Sing sees recovery ahead after difficult year
IT has been a tough couple of years for property developer Mah Sing Group Bhd and full-year revenue and net income for 2018 are forecast to hit a five-year low at best.
kopiandproperty.com:
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Overhang units? We have none says CEO Datuk Chang.
Certainly a refreshing revelation.
kopiandproperty.com:
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Over 20,000 units (properties)with attractive discounts in March 2019.
To buy and wait or to wait and buy?
The Edge Markets:
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Malaysia to put RM22.5b of homes on sale rack in March
KUALA LUMPUR: Malaysia is planning a sale for RM22.5 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers asked to offer at least a 10% di...
The Straits Times:
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Malaysia to put $7.4b of homes on sale in March
KUALA LUMPUR • Malaysia is planning a sale for US5.5 billion (S$7.4 billion) of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers asked to offer...
Free Malaysia Today:
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RM22 bil worth of homes to go on sale in March
KUALA LUMPUR: About RM22.5 billion worth of homes will be sold to bridge the gap between property oversupply and lack of affordable homes, with developers asked to offer at least a 10% discount.
The Straits Times:
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Malaysia to put S$7.4 billion of homes on the sale rack in March
KUALA LUMPUR (BLOOMBERG) - Malaysia is planning a sale for S$7.4 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with developers asked to offer at le...
EdgeProp.my:
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KPKT’s first Home Ownership Expo to be held in March
KUALA LUMPUR (Jan 28): The first Home Ownership Expo which will showcase around over 20,000 units overhang properties worth RM22.5 billion with attractive discounts or packages for home buyers will be...
The Edge Markets:
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KPKT’s first Home Ownership Expo to be held in March
KUALA LUMPUR (Jan 28): The first Home Ownership Expo which will showcase around over 20,000 units overhang properties worth RM22.5 billion with attractive discounts or packages for home buyers will be...
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