City & Country: Greater KL/KV growing in all directions
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| Pier construction along Jalan Damansara near Taman Tun Dr Ismail |
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| Pier construction along Jalan Damansara near Taman Tun Dr Ismail |
KUALA LUMPUR: Singapore’s industrial businesses are expected to move on a large scale to Iskandar Malaysia in Johor within the next 20 years, due to the city state’s stringent land policies.“Quite a bit of industrial land in Singapore is on a leasehold basis.
Rehda wants monitoring of buyers of affordable homes
MR HAN (not his real name) runs a consultancy firm from his 4-storey shopoffice in Kuala Lumpur. His team operates from the upper floors of the building that is more than a decade old while the ground floor is leased out to a financial institution.
KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda) has called on the government to monitor buyers of affordable housing, saying there is no mechanism for this at present.
KUALA LUMPUR (Sept 2): The results of the latest survey conducted
by the Real Estate and Housing Developers' Association (REHDA) showed
that outlook for the property market is positive for the second half of
the year.
This optimistic outlook is expected to continue on into the first half of 2014. However,
KUALA LUMPUR: A cap on the 7% to 10% discount for bumiputera house buyers is a controversial but much-needed initiative to address spiralling house prices.
The National House Buyers Association (HBA) said the powers-that-be would have to just bite the bullet and explore such reforms if it were sincere in providing affordable housing to all.
IT has been a busy year for the construction industry, as can be seen by the many construction activities in the Klang Valley."Construction is booming.
PETALING JAYA: Bank Negara should seek feedback from industry players and stakeholders before implementing any measures to curb or ban the developer interest bearing scheme (DIBS), said Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Seri Michael Yam.
KUALA LUMPUR: Glomac Bhd sees alternatives to the build-then-sell (BTS) scheme, which will be implemented by 2015 to avoid cases of abandoned housing projects.