In Depth

Understanding charge as security instrument

Charge is a common form of security registered in favour of the financial institution in exchange for the granting of a loan facility to the purchaser in financing the purchase of property.

Bringing something new to the Raub property market

“We want to bring Kuala Lumpur’s lifestyle to Raub but our homebuyers won’t have to pay KL prices. And they still get to enjoy the same kind of facilities,” says Green Target Group’s CEO Datuk Tan Hong Lai.

Higher sales expected for Tambun Indah this year

New sales reached RM70 million in 4Q against RM22 million in 3Q when Tambun Indah was still awaiting the APDL. Its full-year sales amounted to RM263.41 million, down from RM429.11 million in 2014, given the slow approval process.

Muted growth seen in Johor for last quarter

According to data provided by KGV International, only seven new non-landed projects or phases were launched in the last quarter of 2015. Two notable launches were Eco Palladium at Tebrau by Eco World Development Group Bhd and the first phase of Forest City at Tanjung Kupang by Country Garden PacificView Sdn Bhd.