News updated on 25 November 2021
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Sydney set to host busiest auction week of the year as owners cash in on booming market
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www.9news.com.au
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House Prices Tipped to Rise 6pc in 2022
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www.theurbandeveloper.com
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Higher asking prices mark the start of property market recovery?
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www.nst.com.my
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Housing Ministry sets up committee to monitor affordable housing implementation Facebook Twitter BERNAMA November 18, 2021 | Updated 1 day ago KUALA LUMPUR (Nov 18): The Ministry of Housing and Local Government (KPKT) has established a committee to coordinate the implementation of 500,000 units of affordable housing for the duration of the 12th Malaysia Plan (12MP). Its Minister Datuk Seri Reezal Merican Naina Merican said the committee would monitor the implementation and provision of housing supply by 15 housing provision agencies, in addition to the Ministry, State governments and the private sector. “From the targetted 500,000 affordable housing units under the 12MP, the Ministry plans to contribute 20%, which is around 100,000 units,” he said during the winding up of the Supply Bill 2022 at the policy level at the Dewan Rakyat on Wednesday. He said besides the committee, the National Affordable Housing Council (NAHC) is also a platform to monitor the construction of affordable housing in the country. TOP PICKS BY EDGEPROP The Ministry is continuing its efforts to identify the causes behind Malaysians’ inability to afford homes in line with the 12MP strategy of increasing the supply of affordable housing to target groups, he said. Also, Reezal Merican said the Ministry would pay attention to housing projects for B40 and M40 groups throughout the country to ensure that they were more inclusive and with complete infrastructure. On the People’s Housing Projects (PPR) in Sabah, he said 33 projects have been completed in the State, for a total of 23,009 units, while five more projects, totalling 3,090 units, are still under construction so far. Overall, the number of completed PPR projects in Sabah represents 21.4% of the total PPR units built in the country with 3,897 units unfilled, he added. In other developments, he said the Ministry is drafting a policy regarding the transition of solid waste management towards a circular economy that will emphasise sustainable consumption and manufacturing practices after realising the need to create a holistic solid waste management system. He said the effort would reduce the generation of solid waste in the long term and reduce the costs of solid waste management, thereby contributing to the achievement of Sustainable Development Goals (SDGs). “By encouraging a circular economy and to reduce waste at landfills, the Ministry is targeting to increase the national recycling rate to 40% by 2025,” he said. Get the latest news @ www.EdgeProp.my Subscribe to our Telegram channel for the latest stories and updates Click here for more property stories Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase. HOUSING MINISTRY KPKT AFFORDABLE HOUSING 12MP PPR RELATED POSTS Jendela PPR helps raise standard of living of PPR residents - Reezal Merican KPKT minister: A strategic and inclusive budget for all 78 abandoned housing projects in Peninsular Malaysia - Reezal TRENDING NOW 1 Industrial floorings: Everyone loves a nice clean floor but wait … lest you paint yourself into a corner! 18 Nov 2021 | Updated 22 hours ago 2 The cuti-cuti Malaysia remedy for hotel industry 18 Nov 2021 | Updated 19 hours ago 3 The importance of industrial flooring solutions – save your time and money in the long-run 18 Nov 2021 | Updated 22 hours ago 4 DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor 17 Nov 2021 | Updated 2 days ago 5 Are solar PV systems becoming more cost-attainable for home users? 18 Nov 2021 | Updated 20 hours ago 6 Penang plans to set up more Covid-19 booster dose facilities, says CM 19 Nov 2021 | Updated 20 minutes ago 7 PH leaders plan to meet PM next week over MoU with federal govt, says Guan Eng 19 Nov 2021 | Updated 32 minutes ago 8 King confers 2021 federal territory awards on 163 individuals 19 Nov 2021 | Updated 2 hours ago 9 Sunway to form JV with Hoi Hup to acquire residential land in Singapore for RM2.5b 19 Nov 2021 | Updated 2 hours ago 10 Melaka state election: BN's Sulaiman promises to amend state land rules 19 Nov 2021 | Updated 2 hours ago 11 Covid-19: 81.8% of Malaysian adolescents fully vaccinated as of Nov 18 19 Nov 2021 | Updated 2 hours ago 12 Boustead partners PowerChina unit to explore renewable energy, construction opportunities 19 Nov 2021 | Updated 3 hours ago 13 i-Serve Online Mall requests BNM to clarify 'factually incorrect' press statement on joint action enforcement 19 Nov 2021 | Updated 3 hours ago 14 Tashin 3QFY21 profit rises 800% on higher steel prices, declares two sen dividend 19 Nov 2021 | Updated 3 hours ago 15 Finance Minister confirms Cabinet considering Najib’s request for home, land worth RM100m 19 Nov 2021 | Updated 3 hours ago DO MORE WITH EDGEPROP.MY Read news Read the latest news and in-depth coverage of Malaysian property - what's hot, what's not and more Search listings Find residential or commercial properties for sale, rental and auction by licensed agents Search new projects Check out over 200 new project launches and offers by developers in Klang Valley and other locations Get property market insights Get your personalized property report (including estimated home value) and find past transacted data Get home design ideas ZING.my can help you get started on your renovation project. 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Popular Properties for Sale For Sale in Kuala Lumpur For Sale in Penang For Sale in Johor For Sale in Mont Kiara For Sale in KLCC More Popular Properties for Rent For Rent in Kuala Lumpur For Rent in Penang For Rent in Johor For Rent in Mont Kiara For Rent in KLCC More New Projects New Projects in Kuala Lumpur New Projects in Selangor New Projects in Penang New Projects in Johor New Projects in Putrajaya More Property Prices Property Prices in Cheras Property Prices in Setapak Property Prices in Mont Kiara Property Prices in Kepong Property Prices in KLCC More Properties for Sale Apartments / Condos for Sale Bungalows for Sale Semi Detached Houses for Sale Terraced Houses for Sale Commercial Properties for Sale Properties for Rent Apartments / Condos for Rent Bungalows for Rent Semi Detached Houses for Rent Terraced Houses for Rent Commercial Properties for Rent Property News Latest news Lifestyle news In-depth news Video Events EdgeProp.my What's Sold and How Much? What's My Home Worth? Sell My Home Find My Home React Bootstrap logo EdgeProp.my is Malaysia's most useful property website for home buyers and investors. At EdgeProp.my, you can find daily breaking news on property, and hundreds of thousands of properties for sale and rent with detailed information such as past transacted prices, maps and photos. We offer a full collection of the most popular property types in the market - condominiums and apartments, landed properties, residential land and commercial properties. Whether you are looking to buy or rent properties, we have the most comprehensive property listings in Malaysia. Interested in new property launches in Malaysia. Check out our featured new launches by the top property developers in Malaysia. © Copyright 2021 | EdgeProp.my COMPANY Careers About Us Terms and conditions Privacy Policy Contact us FOLLOW US Facebook Instagram Twitter OUR WEBSITES EdgeProp Malaysia EdgeProp Singapore SUBSCRIBE email address CLOSE clear
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www.edgeprop.my
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Buy $28,000 in Furnishings to Rent a Home in the World's Craziest Housing Market
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www.bloomberg.com
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Property prices in Goa set to rise by 10-15%, says Credai
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timesofindia.indiatimes.com
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Can real estate developers afford to increase residential prices now?
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www.moneycontrol.com
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Thailand’s property market slated to return to pre-pandemic levels by 2023
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thethaiger.com
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MQDC and Zipmex shake on a deal that shakes up real estate:
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www.bangkokpost.com
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LTV easing to accelerate housing market recovery
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www.bangkokpost.com
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New Zealand’s ‘most expensive house’ sells for $17 million
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www.news.com.au
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Housing the top issue facing Kiwis despite pandemic and Labour most trusted to solve it
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www.newshub.co.nz
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Only time will tell if tougher rules on prime area HDB flats can curb ‘lottery effect’
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www.straitstimes.com
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Shortage of homes for sale continues to plague housing market
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www.washingtonpost.com
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Up, up and away! Average property values in Wake jump $69.7K since January
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www.bizjournals.com
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Douglas Todd: Why more housing supply won’t solve unaffordability
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theprovince.com
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AOYUAN SELLS PROJECT IN HONG KONG’S MID-LEVELS AT A LOSS AMID CASH FLOW CRISIS
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www.mingtiandi.com
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COVID-19 worsens northern housing shortage: CMHC report
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www.cbc.ca
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Are We At Risk For A Housing Bubble? Here’s What The Experts Are Saying
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www.forbes.com
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Median home prices increased in 62% of Opportunity Zones in Q3
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www.bizjournals.com
News updated on 17 November 2021
News updated on 16 November 2021
News updated on 15 November 2021
News updated on 14 November 2021
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St Kitts and Nevis' Prime Minister to Promote Citizenship by Investment in Dubai, UAE
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www.prnewswire.com
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Chinese cities come out with measures to support home sales
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www.globaltimes.cn
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Chinese state developers step up land auction activity to rescue local governments
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www.ft.com
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The supply chain crunch for US homebuilders may ease as China's ailing property market slows, says the CEO of a $4 billion investment portfolio
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markets.businessinsider.com
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Real estate: Chinese homebuyers ‘are getting picked on’
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www.news.com.au
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Changes to money laundering laws must consider home buyers, tenants and small business, says REIA
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eliteagent.com
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Number of foreigners buying real estate in Hungary has dramatically
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dailynewshungary.com
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Brexit has resulted in ‘Britons’ in Spain selling their house due to the EU’s 90-day visit ban.
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en.brinkwire.com
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Three years in, has B.C.'s speculation and vacancy tax made a difference?
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vancouversun.com
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Hong Kong condo sells for $18K psf, most ever in Asia
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therealdeal.com
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Asking Prices for UK Homes Slip in November: Rightmove By Reuters | Nov. 14, 2021 Save More U.S. News & World Report More Reuters FILE PHOTO: Property estate agent sales and letting signs are seen attached to railings outside an apartment building in south London, Britain, September 23, 2021. REUTERS/Hannah McKayREUTERS LONDON (Reuters) - Asking prices for British homes slipped by 0.6% this month as the market entered its usual lull ahead of the Christmas holidays, but they are expected to resume their rise next year, a survey showed on Monday. Online property portal Rightmove said the average asking price, which is not adjusted for seasonal variations, stood at 342,401 pounds ($459,057) in November - up 6.3% in annual terms. Asking prices have fallen in each November since 2007 as the market enters an end-of-year slowdown before activity picks up again after the holidays. "That is likely to push prices higher again, and increase the competition from other buyers," said Tim Bannister, Rightmove director of property data. A survey of chartered surveyors last week showed house price inflation in Britain picked up last month, propelled by a shortage of sellers that also suggested further price rises lay ahead. Other surveys have similarly pointed to continued house price growth since July when a year-long exemption from the stamp duty tax on house purchases was halved in scale in England and Northern Ireland and expired altogether in Wales. Scotland ended the incentive in April and it expired in its entirety in England and Northern Ireland at the end of September. ($1 = 0.7459 pounds) (Reporting by Andy Bruce; Editing by William Schomberg) Copyright 2021 Thomson Reuters. Tags: inflation, United Kingdom, Europe Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credit card issuers or travel companies. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Subscribe to our daily newsletter to get investing advice, rankings and stock market news. See a newsletter example. Email address YOU MAY ALSO LIKE 7 Electric Vehicle ETFs to Buy Electric vehicle stocks and battery plays have big potential. Jeff ReevesNov. 19, 2021 7 Tips for Handling Client Onboarding Financial advisors should formulate a plan to captivate new clients from square one. Cameo RobersonNov. 19, 2021 9 Best Retail Stocks to Buy Analysts see holiday shopping opportunities in retail sector stocks. 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money.usnews.com
News updated on 13 November 2021
News updated on 12 November 2021
News updated on 11 November 2021
News updated on 10 November 2021
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China Weighs Moderating Property Curbs to Help Troubled Developers Unload Assets
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www.wsj.com
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Home prices are now rising much faster than incomes, studies show
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www.cnbc.com
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A Wave Of International Real Estate Buyers Heading to the US.
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www.einnews.com
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Canadian Real Estate: Uptick in Inter-Provincial Migration
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blog.remax.ca
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B.C. housing market supply ‘historically low,’ could increase with rising mortgage rates
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www.peacearchnews.com
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Real estate agents prepare for return of foreign buyers as travel ban ends
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www.tristatehomepage.com
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UK House Prices Soar Again, Fuelled by Dearth of Sellers: RICS
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money.usnews.com
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‘Billionaire’ Snaps up Entire Floor of Penthouses at New London Development
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www.mansionglobal.com
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New Zealand home prices rebound in October as COVID-19 curbs ease
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www.nasdaq.com
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Southern Vietnam real estate market slated to recover quickly: experts say
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www.phnompenhpost.com
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UAE Real Estate Market Growth, Demand, Business Opportunities, Size, share Industry Trends, Analysis and Forecast till 2027: Ken Research
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www.openpr.com
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Dubai residential capital values jump on steady recovery
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www.thenationalnews.com
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UAE amends residency visa rules for retired foreigners
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www.arabianbusiness.com
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China tightens use of property proceeds
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www.taipeitimes.com
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Indonesia’s Omnibus Law: Relaxed Foreign Ownership Laws on Real Estate
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www.aseanbriefing.com
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‘China’s economy is hitting a great wall’: Parallels to the ’08 housing crash could unleash a major recession, says University of Chicago economist
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fortune.com
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How will the return of international travel impact the Australian property market?
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www.mpamag.com
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‘Of course there are examples’: Criminals laundering billions through Australian housing market
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www.theage.com.au
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Bullish property market in Adelaide shows no signs of slowing
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www.commercialrealestate.com.au
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Buying a home with Bitcoin and where property and blockchain meet
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www.brokernews.com.au
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Canada's homes just ranked among top 15 most affordable in the world
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dailyhive.com
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New Zealand's average house price cracks $1m: QV
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www.stuff.co.nz
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Shaws Bay Hotel Sold $31m in another large North Coast hotel deal by JLL Hotels
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www.thehotelconversation.com.au
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Condo, HDB rents and leasing volumes rise in Oct as Singapore eases border measures
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www.businesstimes.com.sg
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Why Hong Kong is building apartments the size of parking spaces
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www.channelnewsasia.com
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Will UK house prices fall as interest rates rise?
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californianewstimes.com
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Housing prices could be on the rise in Spain
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spanishnewstoday.com
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China’s property market could see more pain, even as Evergrande crisis seems to be abating
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www.cnbc.com
News updated on 9 November 2021
News updated on 8 November 2021
News updated on 7 November 2021
News updated on 6 November 2021
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