Daily Industry News Update (28 September 2021)

INDUSTRY NEWS (28 SEPTEMBER 2021)

Government to implement ceiling price for affordable housing in secondary market

Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today.

Rise of subsale markets shows Malaysia’s resilience

Malaysia’s secondary market for residential property has historically been a major component of the industry, making up around 80% of the total residential property market in 2019

Green buildings in Malaysia: Everything you need to know

More homebuyers and prospective property owners are looking to buy energy-efficient and sustainable buildings – and Malaysian developers are meeting that demand!