Jax Lee 
THE Taman Paramount Light Rail Transit (LRT) station now has an additional 320 parking bays, thanks to the newly-built park-and-ride facility, which began operations in July. The facility was funded by the Transport Ministry with the Petaling Jaya City Council (MBPJ) as project manager, and is built on Tenaga Nasional Berhad (TNB) reserve land next … Read more
KUALA LUMPUR: There is no shortage of affordable homes in the country, only the issue of end-financing, according to Glomac Bhd. Its group managing director and CEO Datuk Seri Fateh Iskandar Mohamed Mansor said obtaining a loan is still the main concern as house buyers are faced with end-financing rejection and lower margin of financing offered … Read more
KOTA BHARU, (Bernama) — The Kelantan government has agreed to cooperate with the federal government to build an additional 4,000 housing units under the 1Malaysia Civil Servants Housing (PPA1M) project in the state. State Local Government, Housing, Youth and Sports Committee chairman Datuk Abdul Fattah Mahmood said such a measure was taken to ensure more … Read more
KUALA LUMPUR, (Bernama) — Banking institutions will continue to provide home financing facilities to eligible customers, said the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking Institutions Malaysia (AIBIM). In a joint statement today, the two associations said there are various types of home financing offered by commercial banks and Islamic … Read more
KUALA LUMPUR: Bank Negara Malaysia (BNM) says the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age. It said on Tuesday if the housing loan is offered when the borrower is 25 years old, a financing tenure of 35 years would extend … Read more
KUALA LUMPUR, Sept 19 (Bernama) — Mah Sing Group Bhd is urging the government to consider several initiatives including relaxing loan approvals in Budget 2017 for first-time home buyers. Mah Sing Group Managing Director Tan Sri Leong Hoy Kum urged the banks to consider relaxing loan approvals and provide up to 95 per cent financing … Read more
JOHOR BARU: Set to be the tallest residential building in Southeast Asia, Astaka Padu is making good progress in its target to construct two residential towers of a staggering 65 and 70 storeys. Taking the likes of some of the iconic towers in the world, the residential buildings will be the first phase of the … Read more
PETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) wants the proposed “moneylender licences” for eligible housing developers be capped at properties below RM500,000 to assist first-time homebuyers and genuine upgraders to afford homes. Rehda president Datuk Seri FD Iskandar said many genuine housebuyers had problems coming up with their downpayment when financial … Read more
JOHOR BARU: The Johor Baru Central Municipal Council (MPJBT) has urged owners of premises that have received notices to demolish illegal structures at their buildings to take heed or risk the council taking action. MPJBT secretary Abdul Malik Ismail said the owners were advised to take down the illegal structures such as extended zinc roofing … Read more
A DREAM interpreter said, to dream of a beautiful tall building in your dream means you will have a life of luxury. But why dream when the reality is going to be so much better with the upcoming high-rise development in Presint 15, Putrajaya. With each new high-rise building taking shape across the Klang Valley, … Read more
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