Klang Valley hotspots for first time buyers
“The ache for home lives in all of us, the safe place where we can go as we are and not be questioned.” – Maya Angelou. Shelter. A safe space. A place to call home. Your own little corner in this vast, unforgiving world. Everybody wants to have a... Read more
HK property stocks fall on stamp duty hike
Shares in Hong Kong developers were battered on Nov 7 after the city’s leaders raised stamp duty to try to cool runaway home prices, AFP reported. It said the government slapped a 15 per cent tax on all residential purchases, almost double the previous 8.5 per cent, except for... Read more
The downsizing of Canada

The downsizing of Canada

News November 21, 2016

Don’t worry about the backyard because there won’t be one. Reason: Condominium living and rentals are being touted as alternatives to entering Canada’s two most expensive markets, which are the Vancouver region and Greater Toronto. Rising unaffordability and lifestyle preferences are driving many millennials to forego homeownership in favour... Read more
Sunway Geo handover next April
BY Roznah Abdul Jabbar Sunway Property, the property arm of Sunway Bhd, has completed Sunway Geo Residences in Sunway South Quay. Sunway Geo Residences, part of the 23-acre Sunway GEO integrated development, comprises residences, retail space and offices with a combined gross development value (GDV) of RM2.2 billion. Sunway... Read more
  OCR unveils  The Pano @ Jalan Ipoh
BY Roznah Abdul Jabbar OCR Land Holdings Sdn Bhd has launched its freehold high-rise serviced residences The Pano @ Jalan Ipoh with a gross development value of RM250 million. The project that comes with 16 designs is targeted at young professionals and upgraders. According to managing director Billy Ong... Read more
Trump’s victory – what doest it mean to us?
Of the emerging markets, Malaysia’s ringgit plunged to its weakest level in more than 12 years as concerns mounted over Donald Trump’s presidency having a negative impact on trade across Asia, according to Lukman Otunuga, research analyst at FXTM, which provides international brokerage services and access to global currency... Read more
Perak to build first motorsport-themed township
Perak will be home to the first modern, integrated motorsport-themed township, which will be built here by Singapore-based companies Goodland Group Ltd and Citrine Capital Pte Ltd. Bernama reported that the 456-acre project, called the T-City, has a gross development value (GDV) of RM15.1 billion and planned over the... Read more
OIB, BSN make owning first home easier
Oriental Interest Bhd (OIB) has partnered with Bank Simpanan Nasional (BSN) to introduce the latter’s Youth Housing Scheme (YHS) for its Seroja Hills Condominium Phase 2 project. They announced early this week at the project launch that the collaboration is to make owning a property more affordable for first... Read more
IOI Prop scores Central Boulevard land
IOI Properties Group Bhd announced early this week that it had won the bid for a highly-prized parcel of land located along Central Boulevard and Raffles Quay-Shenton Way within Singapore’s prime Marina Bay area. A successful tender of RM7.77 billion was made for the 2.6-acre site by IOI Properties... Read more
BY Chris Prasad Already reeling from the pressure of rising costs and dwindling sales, developers once again have to contend with hard-to-sell bumiputera lots. Compounding the matter is, the overall unsold properties are reaching an all-time high. Varying from state to state, government regulations mandate that a certain percentage of... Read more