LBS On Track To Meet Full Year RM1.5 Billion Sales Target
LBS continues to focus on quality townships and affordable housing developments.
Continue Reading • Sep 11, 2019
Sunsuria Achieves Q3 Revenue Of RM97.49 Million
In the corresponding quarter a year earlier, Sunsuria posted a revenue of RM321.63 million and pre-tax profit of RM148.76 million.
Continue Reading • Sep 10, 2019
MCA Seeks To Abolish RPGT For Properties Sold After Five Years
Party president Datuk Seri Dr Wee Ka Siong said those who inherited properties should not also be made liable for the RPGT if they want to dispose of them now.
Continue Reading • Sep 10, 2019
Condominium Project Upsets Taman Wahyu Residents
Residents are afraid that the project would negatively affect the capacity of the pond to draw away water.
Continue Reading • Sep 5, 2019
Influx Of Hong Kong Buyers Not To Affect Property Prices
There is a huge glut of homes in the country, and Hong Kongers are purchasing only a small fraction of this glut. It will not affect the overall oversupply situation in the residential market.
Continue Reading • Sep 4, 2019
Meet Affordable Housing Quota Or Face Punitive Action
The state government explained that any development projects approved by its local councils, such as the Petaling Jaya City Council or the Shah Alam City Council, are mandated to prioritise the construction of affordable housing units.
Continue Reading • Sep 4, 2019
Government To Acquire Highland Towers Site For Redevelopment
The Highland Towers’ site, along with the adjoining two blocks, will be redeveloped into a recreational park having 50 bungalows, reported Free Malaysia today.
Continue Reading • Sep 3, 2019
Affordable Housing A Shared Responsibility, Bank Negara Governor Says
“There are three components which make up the biggest proportion of the cost, namely land, construction and infrastructure,” she said in an interview with Bernama.
Continue Reading • Aug 30, 2019
Controversial Penang Tunnel Project To Start By End-October
The project will consist of a tolled tunnel and three toll-free roads. Its first phase is the 5.7-km Ayer Itam-Lebuhraya Tun Dr Lim Chong Eu bypass, costing around RM1.07 billion.
Continue Reading • Aug 29, 2019
New Home Loan Schemes Could Be Detrimental To Masses
Dr Carmelo Ferlito, senior fellow at Institute for Democracy and Economic Affairs, believes the schemes would keep house prices on the higher spectrum and that the added credit is “dangerous at two levels”.
Continue Reading • Aug 28, 2019
Nilai To Have An ECRL Station?
This comes after proposal to include a station there was flouted during a meeting between Malaysia Rail Link Sdn Bhd (MRL) and the State Government, said Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun.
Continue Reading • Aug 27, 2019
K Residence Developer Brought To Court For Failure To Establish JMB
Widely known as Duta Yap, Yap is a director at Olympia Industries Bhd which fully owns KL Landmark.
Continue Reading • Aug 27, 2019
Construction Sector To Boost Investment In H2 2019
With the construction sector expected to be busier in H2 2019, it would lead to spillover effects on the transportation and storage subsector which are under the services sector.
Continue Reading • Aug 26, 2019
Housing Loan Approvals To Increase 20% With BNM’s Expanded Loan Criteria
“But it also depends on the individual or household financial position.”
Continue Reading • Aug 23, 2019
Hong Kong Protests Open Investment Opportunities For Penang
“In light of the problems in Hong Kong, we may see more businesses moving into Penang,” he said.
Continue Reading • Aug 22, 2019
BNM Expands Eligibility Criteria For Affordable Home Fund
The maximum price for the property was also increased from RM150,000 to RM300,000, in line with the National Affordable Housing Policy’s definition of affordable homes.
Continue Reading • Aug 22, 2019
Experts Advise Against Renting Houses Online
In fact, an industry player has warned that renting houses online may lead to would-be tenants paying extra fees.
Continue Reading • Aug 21, 2019
Extend Home Ownership Incentives To Secondary Market Also, MIEA
This comes as some first-time buyers prefer to purchase property from the secondary market due to its immediate availability and location.
Continue Reading • Aug 21, 2019
Mah Sing Group Sees Big Opportunity In Hong Kong
Mah Sing CEO Datuk Ho Hon Sang said Hong Kong investors showed “renewed interest” for Malaysian properties for retirement or as second home.
Continue Reading • Aug 20, 2019
Redevelopment Plan For MCA Headquarters Revised Again
Nestled on a freehold land measuring 4,955 sq m or 53,335 sq ft, Wisma MCA was registered in 1983 under the name of MCA.
Continue Reading • Aug 20, 2019