Water-enhanced living
BY Roznah Abdul Jabbar In the ancient days, water sources have always been the trigger points of settlements. Although this may no longer be necessary with the convenience of piped water systems, studies show that water does have a therapeutic effect and people who live near it have better... Read more
SP Setia unveils RM1.9b mixed development in Melbourne 
BY Pavither Sidhu Following its successful previous launches in Australia, SP Setia Bhd forges on Down Under with its latest prime land acquisition in Melbourne. The developer has entered into a conditional contract of sale with Australia’s Telstra Corp Ltd to buy 1.02 acres of freehold land in the... Read more
LBS launches Cameron Centrum
BY Roznah Abdul Jabbar Property developer LBS Bina Group Bhd recently launched the first phase of the largest integrated development in Brinchang, Cameron Highlands, Pahang. Called the Precinct 1 of Cameron Centrum, the phase has an estimated gross development value of RM183 million, offering 58 commercial units sized from... Read more
Fomca: NUBE’s interest-free loan proposal should be emulated
  The Federation of Malaysian Consumers  Associations (Fomca) has not only backed the National Union of Bank Employees’ (NUBE) plan of interest-free housing loans for its members in the middle- and lower-income segments, it also urges other industries in the private sector to follow suit. According to Bernama, Fomca... Read more
Private sector partnerships the way forward
In addressing the urgent need for affordable housing, the government will be putting greater emphasis on forming partnerships with private developers, said Deputy Minister of Federal Territories Datuk Dr Loga Bala Mohan. This could be achieved via two fresh government-backed initiatives, Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) and Perumahan... Read more
Ease conditions for first-time buyers
Penang State Housing Committee chairman Jagdeep Singh Deo has urged Bank Negara Malaysia (BNM) to consider giving flexibility to first-time home buyers in repaying bank loans. He said banks should lower the amount of monthly installments for them during the first few years saying the repayment amount can be... Read more
Long road to recovery
  BY Chris Prasad Positive signs may be creeping into the market, but the path to recovery will be long and sluggish, say industry experts. While the market expects to see marginal improvements in sale transactions in the second half of this year, many property consultants predict that it... Read more
Sarawak abolishes quit rent for certain land types
The Sarawak state government has removed the requirement to pay quit rent for key land types in the state, said Sarawak Chief Minister Tan Sri Adenan Satem. The popular move will see quit rent abolished for smallholder agriculture land, which is less than 100 acres, and residential land. The... Read more
The call of posh  living at Puchong
  BY Pavither Sidhu When a gawky-looking girl is transformed into a gorgeous head-turner after an image makeover, people sit up and take notice. Similarly, when a once-abandoned plantation area is made over into a bustling modern township, it draws a population surge that can hardly go unnoticed. In recent... Read more
A taste of opulence at Damansara City
    BY Pavither Sidhu Branded as one of the most affluent and upmarket communities in the capital district, Damansara Heights recently welcomed its first integrated development encompassing commercial, retail, hospitality and residential properties that are built with a sustainable future in mind. The multi-award winning Damansara City project... Read more