“The high occupancy rate in Conezión, together with the strong and consistent rental demand that we have received has enabled us to commit an impressive 7% rental return to our prospective buyers under the IOI Buy With Tenant Program 2.0. Truly an opportunity not to be missed for those who are looking for a secure investment option,” said Nicole Lee, Head of Group Sales, Marketing and Branding, IOI Properties Group.

Introduced in year 2022, IOI Buy with Tenant Program is a well-received campaign that offers prospective property investors an opportunity to own quality shops and offices in strategic location that are readily tenanted, enabling one to enjoy immediate rental income without the hassle of tenant hunting. 😀

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The government will expand the Rent-to-Own scheme to enable more people from the B40 and M40 groups to own homes. 😀

Local Government Development (KPKT) Minister Nga Kor Ming said cooperation with financial institutions will be continued to provide attractive and sustainable housing financing packages.

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“High-end locations can potentially yield higher rental income due to demand from expatriates and affluent tenants. Consider the potential rental yield and whether it meets your investment goals.”

Based on iProperty Transactions, the median price for condominiums in Bukit Jalil is RM560,000. 😎

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What is a turnkey property? 🧐

A turnkey property is a fully renovated home or apartment building that you can buy and immediately rent out or live in. The term turnkey refers to the fact that when the owner purchases a home, all they have to do is turn the key to the front door and they have a finished home.

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Disaster is always unforeseen, and home insurance is paramount. 😎

In this article we will discuss the three main categories of home insurance in Malaysia, shopping around for insurance policies, and how to file an insurance claim.

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The KLSP2040 states that the redevelopment will involve brownfield areas with less economical use, old industrial areas, and potential areas resulting from investments in transit infrastructure and river conservation to create a more attractive environment in Kuala Lumpur. 😎😎

There are several transit zones identified as redevelopment areas, namely Federal Cable, Jalan Berangan, Jalan Kenanga, Jalan Tiong Nam, Jalan Haji Taib, Jalan Alor, Jalan Raja Bot, Jalan Rahmat, Jalan Melayu-Jalan Masjid India, Jalan Raja Laut, Jalan Petaling, Jalan Inai, Jalan Maharajalela, and Jalan Talalla.

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Valuation and Property Services Department (JPPH) Director-General Abdul Razak Yusak said the residential sub-sector continued to support the overall property market, accounting for 62.9% of total transactions, or 68,561 in volume, valued at RM28.36 billion. 😎😎😎

Read the news here!

Special housing for the elderly needs to be developed in Kuala Lumpur, as the federal capital is expected to become an ageing city by 2040, according to the Kuala Lumpur Structure Plan 2040 (KLSP2040). 🥰

KLSP2040 projects that the elderly population will be higher in 2040, namely at 17.3 per cent, compared to 9.2 per cent in 2025.

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Be on the lookout! 🔎

The increase in scam call centre arrests is a wake-up call for property agents and owners.

Ensure your real estate is scam-free. 🚯

Click to know your rights as a landlord!

In the heart of Sg. Buloh stands a 2,257-acre new township, Kwasa Damansara City Centre (KDCC). 🥰

The newly launched KDCC was envisioned to be a neo-urban city, the first truly sustainable township comprising residential, commercial, and mixed-use zones.

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Penang’s real estate and housing sector is in the recovery phase post-COVID-19 pandemic, and it is the second-best performing city in Southeast Asia (SEA), the Penang State Legislative Assembly was told.

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The average urban household income in 2022 is RM9,428, a 2.9% rise from RM8,635 in 2019. Meanwhile, the average rural household income in 2022 is RM5,147, showing a 0.9% growth from RM5,004 in 2019.

Click to understand more about Malaysia's income classification!

In the primary housing market, the number of new launches improved quarter-on-quarter with the launch of 6,900 units in the third quarter of 2023 (3Q 2023) versus 4,797 in the 2Q 2023, said the National Property Information Centre (Napic).

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A total of 26,645, or 86.43 per cent, out of 30,841 loan applications were approved for the youth under the Housing Credit Guarantee Scheme (SJKP) from 2008 till Sept 30 this year.

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According to data from DataSense on PropertyGuru and iProperty listings in Sungai Besi, the median PSF hovered around the RM450k mark in August, 2023, which is highly attractive considering the strategic location and accessibility.

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A property valuation is required when you plan to buy a subsale property in the secondary residential property market and you intend to take out a housing loan from a bank to fund the purchase.

Want to know more? Read the complete guide here!

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Properties on the KL side of Cheras experienced an early boom, benefiting from easy access to the city via multiple roads. However, the Selangor side is not far behind, catching up swiftly. The wave of development has pushed southwards, reaching Balakong at the Kajang border, giving rise to the emerging area known as Cheras South.

Cheras KL vs Cheras Selangor, what's your choice? 😎

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The pandemic has undoubtedly reshaped our living preferences, with many individuals and families seeking solace in the tranquillity of suburban areas.

This shift was driven by a desire for more space, a slower pace of life, and a sense of safety away from crowded urban centres. Does this still hold true?

Read 2023's top 10 most searched areas in Malaysia now!

MRT Corp will begin its land acquisition process in stages from next year for the Mass Rapid Transit Line 3 (MRT3) Circle Line project, which will take two years to be finalized, said Transport Minister Anthony Loke.

Read more here!