Sunway Property, Malaysia’s leading property developer, has unveiled the first landed residential development of its largest integrated township, Sunway Iskandar. In conjunction with the show units’ launch, Sunway Property will be hosting a series of events including movie screenings and thrilling activities for the Southern community. Located in the Lakeview precinct under the Emerald Collection, … Read more
Permodalan Nasional Berhad (PNB) plans to build a 118-storey skyscraper that will surpass the height of the 88-storey Petronas Twin Towers, reported The Straits Times. Known as the Merdeka PNB118, the 452m-tall tower is expected to become not only the highest building in the country but also in the entire ASEAN region when it is … Read more
The Urban Redevelopment Authority (URA) and the Council for Estate Agencies (CEA) are currently investigating possible violations of the minimum rental period for private residential properties, reported The Business Times (BT). “CEA and URA have been investigating the cases cited by The Business Times,” Chua Geck Siang, CEA’s Acting Deputy Director (Licensing), told the newspaper. … Read more
Jewellery and property group Aspial Corporation has secured $275 million in revenue after selling all the units at Waterfront @ Faber, which comprises 199 apartments and 11 strata-landed homes. The group expects to receive a substantial payout once the residential project receives its TOP in the first half of 2017. “Despite the challenging operating environment, … Read more
The sales gallery for Gem Residences, the first private condominium to launch in Toa Payoh since 2009, will open (29 April) at Lorong 5 Toa Payoh. Jointly developed by Gamuda Land, Evia Real Estate and Maxdin, the 578-unit project is expected to cater to the pent-up demand for property in the area. A mix of … Read more
PETALING JAYA: KLK Land has unveiled its Rumah Selangorku, Hibiscus 2 Homes in Bandar Seri Coalfields, Sungai Buloh. Interested applicants can now apply online at ehartanah.lphs.gov.my, and to select Daerah Kuala Selangor, Mukim Ijok and Property Type D, 1,000 square feet in the application. Receiving overwhelming interests from the public, KLK Land offered assistance to … Read more
PETALING JAYA: SP Setia’s Setia Eco Templer development, which is expected to launch its first phase in two weeks, will be building approximately 900 affordable housing units starting at the later part of this year. The units will be priced from RM42,000 to RM250,000. The master plan of Setia Eco Templer has a gross development … Read more
Paying off the monthly instalments of HDB loans for Build-To-Order (BTO) flats has become easier in the past three years, even though the maximum tenure of these mortgages was reduced from 30 years to 25 years in 2013, reported TODAYonline. According to the Housing Board, the debt servicing ratio (DSR), or the proportion of a … Read more
A small scenic village on the island of Tasmania in Australia was recently put up for sale, drawing interest from local and international investors, including Singaporeans, reported Agence France-Presse (AFP). The 145ha Tarraleah village has attracted potential buyers from Australia, China, Hong Kong and Singapore since it was listed on the market late last week, … Read more
SHAH ALAM: Developers of serviced apartments in Selangor may need to allocate a certain percentage of units as affordable homes, according to the Selangor Housing and Property Board (LPHS). In an interview with SunBiz recently, executive director Norzaton Aini Mohd Kassim said LPHS is studying new guidelines for serviced apartments, which explains the notice of … Read more