Kim Wong 
The Penang Regional Development Authority (PERDA) will offer the rent-to-own housing programme to enable the islanders who do not have regular income to buy a home. “This programme is to help those rejected by banks, sometimes because they have no fixed income or have a bad track record, especially the younger generation. This is only for low-cost housing … Read more
The ex-property agent – Goh Chan Chong, 40, was found guilty on 2 corruption charges after, he offered bribes to a senior manager from United Engineers Development in order to get priority access to a launch of The Rochester in North Buono Vista in 2007. He was sentenced to 12 weeks’ imprisonment and fined a $100k on 31 … Read more
During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to refinance their mortgages. Even high end homeowners were having trouble with foreclosures. Why were so many citizens … Read more
Financial planners continue to sound the alarm. If you’re like most people, you haven’t saved enough for retirement. In fact, you may well be dangerously behind. One of the big reasons might be your mortgage. In other words, your home is costing you too much and it’s robbing your retirement. But wait. Before you say, … Read more
GEORGE TOWN: The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. The cable car aims to link Gat Lebuh Nordin on the island to public transport hub Penang Sentral in Butterworth on the mainland. Both areas are close … Read more
Is no down payment is a safe way to invest in real estate? This question comes up regularly, and the answer is tricky. The common wisdom is that there are two camps — those who unequivocally believe do down payment is nonsense, and those who swear by it and say it’s the greatest thing since sliced bread. … Read more
UEM Sunrise, the master developer of Gerbang Nusajaya, a 4,551-acre commercial and business precinct in Iskandar Puteri in Johor, has reported strong sales at Melia Residences, its newest strata landed housing development. Within two days of its launch in April, buyers snapped up all 206 units in the project’s first and second phases, the majority … Read more
London’s new mayor Sadiq Khan plans to introduce restrictions on foreigners looking to buy property in London, in an effort to combat money-laundering, reported the UK’s Evening Standard. Various news reports in recent years have claimed that many overseas buyers, particularly from Russia and China, have been using London’s housing market to launder billions of … Read more
To get yourself a dream house, you always need a big amount of deposit. However, building up a deposit is never ever easy thing to do. But, with a good savings strategies and well discipline, you will soon have the deposit for your first home. Follow our ways to make it more manageable and turn … Read more
The latest announcement from Dewan Rakyat that the government has rebounded a total of 182 private housing development projects which have been abandoned since 2009. “The complete projects involved 32,641 home-buyers”, said by Datuk Halimah Mohamed Sadique, Deputy Minister of Housing and Local Government. “There are 226 abandoned housing projects which affect a sum of 40,866 house-buyers” she … Read more