ZADC
BNM’s RM1bil fund aims to lower monthly mortgage
FIRST-TIME BUYERS COULD SEE MONTHLY COMMITMENTS LOWER BY 23% COMPARED WITH CURRENT FINANCING SCHEMES There is good news on the horizon for first-home seekers and comes courtesy of the central bank. According to Bank Negara Malaysia (BNM), its recently launched RM1 billion Fund for Affordable Homes will see first-time... Read more
Azmin: ECRL won’t impact palm oil export to China
The probable cancellation of the East Coast Rail Link (ECRL) may have far-reaching repercussions that have been overlooked. Among them is our strained relationship with China, which has already been impacted by a number of high-profile project cancellations, and what this could mean to our palm oil exports. The... Read more
Deloitte gets RM2.2m fine over 1MDB mess
With every passing day, the rubble caused by the 1MDB disaster seems to get thicker and thicker, with the casualty count still rising. The latest news on this front is that Deloitte PLT, one of the “big four” accounting firms in the world, has just been slapped with an... Read more
LBS to jointly develop Perak land with SSI
COMPANY KICK STARTS 2019 WITH A FOCUS ON MIX-USE PROJECTS AND AFFORDABLE HOUSING To show its support for the government’s national housing agenda, LBS Bina Group Bhd (LBS) has teamed up with Perak State Secretary Incorporated (SSI) to jointly develop two parcels of land situated in the Temor and... Read more
New chairman for SP Setia

New chairman for SP Setia

News January 10, 2019

TAN SRI SYED ZAINOL ANWAR JAMALULLAIL TAKES TOP SEAT FOLLOWING THE RESIGNATION OF TAN SRI DR. WAN MOHD ZAHID  S P Setia Berhad recently announced the resignation of Tan Sri Dato’ Seri Dr. Wan Mohd Zahid (Wan Zahid) as chairman of S P Setia Bhd. After having served the... Read more
Not as peachy as it looks
GLOBALLY, MALAYSIA HAS RECEIVED PRAISE FOR THE RESILIENCE AND STABILITY OF OUR PROPERTY MARKET, BUT UNCONVINCED LOCALS REMAIN CONCERNED ABOUT PERSISTENT GLUT The Malaysian property market has indeed weathered a seemingly endless storm over the past few years, navigating through a number global and local economic hurdles (as well... Read more
Bigger role for town planners under new Ministry
BY Shahrim Tamrin The Town and Country Planning Department (PLANMalaysia or JPBD) will be given a more inclusive role and expanded functions under the rationalisation process of Federal Territories Ministry. “We will allow PLANMalaysia to play clearer role in terms of planning and development policies at micro level with... Read more
LBS MD named ‘Property Man 2018’ by FIABCI
TAN SRI LIM HOCK SAN HONOURED AS A LEADING PERSONALITY IN THE INDUSTRY AT THE ‘OSCARS OF PROPERTY’ This year’s FIABCI Malaysia Property Awards clearly paid homage to the wholesome, sustainable and purposefully-built developments that are currently redefining our built landscape. I this context, LBS Bina Group Bhd’s corporate... Read more
Budget 2019: What’s in it for property?
SOLUTIONS IN SIGHT FOR HOME SEEKERS WHO HAVE LONG BEEN WAITING IN THE WINGS BY Zoe Phoon Finance Minister Lim Guan Eng tabled the Pakatan Harapan government’s inaugural budget in Parliament on Nov 2. This is the first federal spending plan by a new administration after 61 years following... Read more
LBS: Empower buyers in 2019
COMPANY HOPES GOVERNMENT WILL PROVIDE MORE IMPETUS FOR FIRST-TIME HOME OWNERSHIP AND FACILITATE BETTER ACCESS TO HOME LOANS IN UPCOMING BUDGET As part of its wish list for Budget 2019, veteran developer LBS Bina Group Berhad (LBS) says it is hopeful for policies that will help empower first-time home... Read more