Jax Lee 
KUALA LUMPUR, Aug 15 (Bernama) — There is a growing demand for larger properties with three bedrooms or more in Malaysia, says The iProperty Group, owner/operator of property website, iProperty.com. In a statement here today, iProperty.com said, its data revealed that the houses in the country were getting larger. “The data, collected and tabulated by … Read more
JOHOR BARU, August 14 — Iskandar Malaysia has recorded RM208 billion in committed investments from 2006 until June 30 this year, said Prime Minister Datuk Seri Najib Razak. Najib, who is also the Co-Chairman of Iskandar Regional Development Authority (IRDA), said of the total, 51% or RM106.43 billion represented investments that have been realised. “(Of … Read more
The month-long Hari Raya celebration may be over but Worldwide Holdings Bhd has special rebates for its Puncak Bestari properties through its Riang Raya Bonanza promotion. The property developer organised a half-day Raya open house in Puncak Bestari Sales Gallery at Bandar Puncak Alam, Selangor recently to introduce its latest property projects. Both existing and … Read more
PORT DICKSON, August 7 — The cabinet last week approved the implementation of the ‘hire purchase’ system to help the needy to own a house, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. He said the system would be implemented in People Housing Project (PPR) areas nationwide, including Sabah and Sarawak. For the … Read more
PETALING JAYA: Several local banks have revised their base rates (BR) and base lending rates (BLR) for the past three weeks, from the time when Bank Negara Malaysia (BNM) had reduced the Overnight Policy Rate (OPR) by 25 basis points to 3% last month. Property developers welcome the OPR reduction, hoping to take advantage of … Read more
KOTA KINABALU: The State Local Government and Housing Minister will hold discussions with Bank Negara on the high rejection rate of loan applicants including those seeking to buy properties under the affordable housing scheme. Datuk Seri Hajiji Noor said he believed with the cooperation and support of all parties including financial institutions, an amicable solution … Read more
A key bilateral project for both Malaysia and Singapore, the historic Singapore-Kuala Lumpur High Speed Rail (HSR) was first conceived in 2013. It was called a “game changer” which will strengthen economic ties, boost connectivity and forge closer ties between people of the two countries. Work on the rail project will formally begin once the … Read more
The Rent-to-Own (RTO) concept was recently suggested by the Finance Ministry to help the low-income group to acquire their first home. This approach will be very efficient in allowing low-income citizens to acquire a home without having to pay down payment. According to the Second Finance Minister Datuk Johari Ghani, a person with the earning … Read more
Rawang is poised to become a tourist hub with the completion of The Two – DA Land’s latest lifestyle project that will feature the biggest international indoor theme park in South-east Asia and Malaysia’s biggest mall. Located within a few kilometres of Kuala Lumpur and Petaling Jaya, the ambitious project is nestled on a 20.4ha … Read more
Although home prices may start bottoming out in the next few quarters, which could prompt a moderate recovery from 2018, easing of property cooling measures are not expected until next year at the earliest, according to property experts at the Real Estate Developers’ Association (Redas) property market seminar on Tuesday (12 July), and reported TODAYonline. … Read more
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