Only Six Affordable Houses Built In Kulai

KULAI: Kulai Municipal Council (MPK) only managed to complete six units of affordable houses this year due to land conversion issues with the developer. Its president, Abdul Rahman Salleh, however, said that 2,700 units is expected to be completed next year. Some 3,692 people have applied for affordable homes in Kulai which cost below RM200,000 … Read more

Tougher times Ahead For Housing Market

Analysts expect Singapore’s private housing market to face tougher times next year, with the lacklustre economic environment dampening sentiment further, reported TODAYonline. The US Federal Reserve’s decision to raise interest rates and the existing property curbs could see prices drop by up to eight percent in the next 12 months. JLL’s National Director for Research and … Read more

Top 5 Tips For Deep Cleaning Your House

All houses, no matter how regular you are with your routine cleaning, need a thorough deep cleaning once in a while.  It may be because you are expecting ‘important’ guests over the weekend, like the mother-in-law who never forgets to check behind the cupboards, or you are putting your house up for sale and want … Read more

DTZ Property Times: Q3 2015 Kuala Lumpur

The Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since Q4 2013. The unemployment rate remained unchanged at 3.1%. The Ringgit recorded a year-to-date drop of 27% against the US dollar, driven by the devaluation of the Renminbi amid concerns on China’s economic growth, weakened investor sentiment, and low oil prices. Investment … Read more

Golden Rules Of Renovation

Renovation may be a popular way to extract more value from a property as well as to give it a homely feeling for families. However, the current housing market means property owners need to ensure they don’t overcapitalise when upgrading their property. One of the greatest fears when it comes to renovation is busting the … Read more

UK Tax Hike To Impact Overseas Buyers

The UK government’s plan to raise sales taxes on second homes in Britain will also cover buyers living abroad, reported Bloomberg. In November, UK Chancellor of the Exchequer, George Osborne, said buyers of second homes as well as buy-to-let properties within the UK will have to pay stamp-duty sales tax that is three percentage points higher … Read more