OPR reduction: is it really all good news?
  BY Roznah Abdul Jabbar  The recent cut on the Overnight Policy Rate (OPR) to three per cent from the previous 3.25 per cent is said to be a boost to the consumer sentiment and property market, although not significantly. However, not all agree on the scope of its... Read more
ATO blow to Aussie  property market
  BY Chris Prasad Australia’s position as a choice investment destination for Asian property seekers has come under threat following the introduction of a new ruling by the Australian Tax Office (ATO). The new ruling stipulates that for properties valued at more than AUS$2 million (RM6.06 million), 10 per... Read more
Final tower of Lakeville launched
Mah Sing Group Bhd will be launching the final tower of its Lakeville Residence, Taman Wahyu this weekend at the Lakeville Lifestyle Sales Gallery, where purchasers will also be in the running to win lucky draw premium Apple products. The two-day event will also showcase the BMW X5 (hybrid).... Read more
OPR cut greeted with sighs of relief
BY Chris Prasad Bank Negara Malaysia’s mid-week decision to reduce the Overnight Policy Rate (OPR) to 3.00 per cent has been welcomed with open arms by the property industry, which has seemingly been hammered on all fronts in the current economic environment of lacklustre demand, rising construction material costs,... Read more
Not just an address, but a destination
  BY Pavither Sidhu   In addition to creating sustainable developments, many developers are incorporating green innovations even during construction periods. These green efforts are being recognised by various building authorities which have been accrediting such developments, lending further support for sustainable developments. Along this line, Mah Sing Group... Read more
Cash-rich investors to emerge big winners in 2016
BY Chris Prasad Halfway into the year and we are beginning to get a clearer picture of where market trends are heading. At the onset of 2016, property investors were bombarded with an onslaught of predictions, many offering contrasting perspectives, which did more to stoke uncertainty rather that allay... Read more
Ametis adds lustre to  Subang Bestari
BY Roznah Abdul Jabbar Given the scarcity and cost of space today, the prospect of owning a spacious luxury abode in a strategic location, backed by excellent connectivity, has become a key aspiration. Many developers understand this, moving away from the orthodox mansion-in-the-countryside definition of luxury to provide spacious abodes... Read more
Irama Wangsa’s final block launched
  The final block of Irama Wangsa in Wangsa Maju,by Benéton Properties Sdn Bhd, was launched last week at a minimum selling price of RM750,000 or RM600psf. Block C comprises 200 units with built-ups ranging between 1,206sq ft and 1,637sq ft in three different layouts with choices of three... 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
Mah Sing to launch affordable homes
  By Pavither Sidhu  With a key focus of building quality homes and prime commercial projects in strategic locations, Mah Sing Group Bhd is currently working on 46 projects spanning across various property hotspots in the country and it is showing no signs of slowing down. Group managing director... Read more