Penang mulls density guideline changes
While the Penang state government decides on a proposal to raise the current density of 87 units per acre, market stakeholders are already hailing it as a necessary step to accommodate more affordable housing in the state. The Penang property market is one of the priciest in the country, particularly... Read more
Lion city not ready to lift cooling measures
Despite pressure from consumers, The Monetary Authority of Singapore (MAS) believes that it is still too early for the government to consider lifting the stringent property cooling measures currently in place. According to local news reports from the Island Republic, the managing director of MAS Ravi Menon said the... Read more
TSA Land unveils first project this month
Property developer TSA Land Sdn Bhd will be launching its first project, MM Residency, end of the month. It was reported that the project, which has a gross development value of RM483 million, is located on 3.6-acre freehold land in Taman Melawati, Kuala Lumpur. MM Residency will feature three... Read more
Duplex residences in TTDI fetch RM1,100psf
BY Pavither Sidhu The first duplex residences in Taman Tun Dr Ismail, located on Persiaraan Zaaba within close proximity to an MRT station and key highways, is drawing a premium due to the high market demand for connected living standards. Units at the newly minted TTDI Segaris, a joint... Read more
Matrix shining on foreign soil
By Pavither Sidhu Matrix Holdings Bhd’s first foreign effort in Melbourne, Australia, is expected to be fully taken up by end-August, with 20 out of its 52 units snapped up. The project, M.Carnegie Boutique Apartment, with a gross development value of RM100 million, offers units in various sizes, ranging... Read more
MBAM challenges steel  safeguard measures
BY Chris Prasad A government proposal to introduce safeguard measures on the import of steel products is meeting opposition from several quarters within the construction industry, most notably the Master Builders Association Malaysia (MBAM). MBAM argues that without the free flow of imports, the price of local steel bars... Read more
Family-centric space at  Bandar Seri Coalfields
  BY Pavither Sidhu    Among the most common issues faced by growing families in the Klang Valley these days is a dearth of options when it comes to seeking a home that offers adequate living space at a decent price – preferably below the RM1 million mark. This... Read more
Bad eggs make lives hard
BY Prisca Teh    You may rant and rave over an unpalatable plate of chicken rice, but you won’t refuse to settle the bill, even if you left it unfinished. By simple code of ethics, no respectable person would dodge payment for any services rendered or products purchased. However, the... Read more
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
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