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Call To Green

By Kim Wong / 3 years ago

WITH the current hazy climate conditions the country is faced with, many feel that perhaps this is a wake up call for the people and those governing, to start acting on intentions and declarations to go green. There is no time left to wait! If you just skim through dailies and look at what is […]

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Only Six Affordable Houses Built In Kulai

By Kim Wong / 3 years ago

KULAI: Kulai Municipal Council (MPK) only managed to complete six units of affordable houses this year due to land conversion issues with the developer. Its president, Abdul Rahman Salleh, however, said that 2,700 units is expected to be completed next year. Some 3,692 people have applied for affordable homes in Kulai which cost below RM200,000 […]

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Tougher times Ahead For Housing Market

By Kim Wong / 3 years ago

Analysts expect Singapore’s private housing market to face tougher times next year, with the lacklustre economic environment dampening sentiment further, reported TODAYonline. The US Federal Reserve’s decision to raise interest rates and the existing property curbs could see prices drop by up to eight percent in the next 12 months. JLL’s National Director for Research and […]

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Eversendai Eyes Steel Works Job Of KL118 Tower

By Kim Wong / 3 years ago

Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.4 billion. The 118-storey skyscraper with a height of over 600m will be the tallest […]

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DTZ Property Times: Q3 2015 Kuala Lumpur

By Kim Wong / 3 years ago

The Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since Q4 2013. The unemployment rate remained unchanged at 3.1%. The Ringgit recorded a year-to-date drop of 27% against the US dollar, driven by the devaluation of the Renminbi amid concerns on China’s economic growth, weakened investor sentiment, and low oil prices. Investment […]

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UK Tax Hike To Impact Overseas Buyers

By Kim Wong / 3 years ago

The UK government’s plan to raise sales taxes on second homes in Britain will also cover buyers living abroad, reported Bloomberg. In November, UK Chancellor of the Exchequer, George Osborne, said buyers of second homes as well as buy-to-let properties within the UK will have to pay stamp-duty sales tax that is three percentage points higher […]

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Potential PKNS House Buyers Asked To Register With Selangor Housing Board

By Kim Wong / 3 years ago

The Selangor State Development Corporation (PKNS) has urged low-income people in Selangor to apply for the purchase of its houses in the state through the Selangor Real Estate and Housing Board (LPHS). PKNS general manager Azlan Md Alifah said this would facilitate the corporation in making available more affordable homes as well as assist the […]

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