Xtra Furniture Freedom Chair
Time for global investors to dive into local property market
DEPUTY FINANCE MINISTER SAYS THERE’S NO TIME LIKE THE PRESENT FOR FOREIGN INVESTORS TO JUMP IN Foreign investors should once again take a closer look at Malaysia as a property investment destination, says deputy finance minister Datuk Lee Chee Leong, because they can now take advantage of the comparatively... Read more
PropertyGuru to lend buyers a helping hand
RM50,000 IS YOURS IF YOU WIN THE ‘MY DREAM HOME’ CONTEST BY Zoe Phoon Affordability and homeownership remain challenges for most Malaysians, especially first-time buyers. Now, here’s an answer to getting onto the property ladder – but you have to enter a contest, then RM50,000 is yours if you... Read more
Affordable extravaganza at Mapex 2017
If you still think the private and government sectors should make a more concerted effort to provide affordable housing to the masses, then the latest Malaysia Property Expo (Mapex) from Aug 11 – 13 will hold a special surprise for you. The Real Estate and Housing Developers’ Association (Rehda)... Read more
BNM proposes central authority for affordable housing
The prolonged mismatch between the price of supplied property and the average affordability level of Malaysian citizens has prompted Bank Negara Malaysia (BNM) to be more vocal about the issue in recent months. Having referred to the issue as “critical” late last year, it has subsequently made suggestions on... Read more
Japan pushing hard to land HSR project
Japan is reportedly pulling out all the stops to land the lucrative Kuala Lumpur-Singapore High Speed Rail (HSR) deal, and is now using diplomatic muscle to ensure it has a seat at the table. According to the Nikkei Asian Review, the recent lapse in the Bandar Malaysia deal involving... Read more
Take advantage of PR1MA homes special end-financing
(BUT… WARNING: NOTE THE FINE PRINT AT THE END) Despite being officially announced early in the year, there are many who are still unaware of the special end-financing schemes for PR1MA homeowners being offered by four major banks: Malayan Banking Bhd, CIMB Bank Bhd, RHB Bank Bhd and AMMB... Read more
KPKT says 1,450 families benefited from RTO scheme
HOWEVER QUESTIONS PERSIST ABOUT WHO EXACTLY HAS BENEFITED A recent sitting of parliament saw questions being raised about the state of effectiveness of the rent-to-own (RTO) scheme under the People’s Housing Project (PPR) programme. In response, Dewan Rakyat was told that 1,450 families have already benefited from the RTO.... Read more
China’s Ping An Finance Center is fourth tallest in the world
The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced that the Ping An Finance Center in China’s Shenzhen city is now officially the second tallest building in the country, after the famous Shanghai Tower. Its height of 599 meters (1,965.2ft) also officially makes it the fourth tallest... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more
Penang property transactions picking up
With the first quarter of the year coming to a close, the general consensus is that the market remains subdued following a harsh 2016. However, the Pearl of the Orient could prove that there is still some shine to it, as it is expecting to see some positive numbers... Read more