The DAP-led Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B.

Malaysia’s property sector will be facing another challenging year, amid slower economic momentum.

Transactions within the residential property sub-sector is likely to see flattish growth in 2016 as buyer sentiment continues to remain subdued this year.

Somewhere near 2012, the Malaysian government announced that the Klang Valley LRT lines of Kelana Jaya and Ampang will be expanding to cover more stations in Subang Jaya, USJ, Bandar Kinrara and Puchong.

Singapore home prices dropped for a ninth quarter, posting the longest losing streak in 17 years, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market.

A homeowner on Wednesday urged the High Court to review government property cooling measures, claiming he was unfairly charged HK$273,000 stamp duty.

Property market's performance next year is expected to remain tough, with home prices growing double digits, depending on locations, product types and prices.

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