Eco World CEO hopes to see more measures to help first-time homebuyers
"Through Rehda (Real Estate and Housing Developers' Association Malaysia), developers have expressed their hope on this to the government."
Najib: MRT Sungai Buloh-Kajang line to be completed as scheduled at no extra cost
The MRT-SBK line, which will be 51km long, is being built at a cost of RM23 billion and is now 89% completed.
LBS’ Ijok project to lift total GDV to RM25 billion
This is LBS’ second major land acquisition for 2016 following the acquisition of 638-acre bumiputra reserved land in Dengkil in August.
UPDATE: Housing Ministry asked to formulate guidelines for developer lending scheme
Minister Tan Sri Noh Omar said the ministry was instructed by the cabinet to review and improve the scheme, given that it already exists under the Moneylenders Act 1951.
Housing Ministry to formulate guidelines for developer lending scheme
Confirming The Edge Financial Daily's report today, Minister Tan Sri Noh Omar gave a briefing during the cabinet meeting on the developer lending scheme.
Glomac faces challenging sales target
Sales may have fallen short in 1QFY17 on the lack of new launches.
Controversial lending plan goes to cabinet today
Housing ministry keen to proceed with scheme — source
Developer-lending brings more risks than benefits
Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.
MRT Corp planning for third Klang Valley MRT line
MRT Corp is planning to build the third Klang Valley MRT Line that will slash travel time within the apital
Only developers with strong balance sheets can undertake financing scheme, says RAM
RAM Rating Services does not expect the property sector to be significantly lifted by the move to allow eligible developers to apply for a moneylender's licence to provide loan facilities to house buyers...
