‘Sama-sama’ eat, play, bond at Tropicana
PETALING JAYA (Sept 20): Tropicana Corp Bhd will hold a campaign for families to eat, play and bond over four consecutive weekends at four property galleries.
How about lowering property prices?
AS controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get a margin of financing that is sufficient to buy the developers’ products.
An organic, sustainable building at Universiti Malaya
THE building that houses Universiti Malaya’s new Malaya Graduate School of Business is the product of a successful collaboration between local architecture firm Akitek Rekabina Sdn Bhd and Rome-based BiCuadro Architects.
In support of conserving Malaysia’s heritage
SAUNTERING across his office to retrieve his blazer, Datuk Hajeedar Abdul Majid points to photographs of his grandchildren displayed atop a long cabinet and chuckles fondly.
UPDATE: Housing Ministry asked to formulate guidelines for developer lending scheme
KUALA LUMPUR (Sept 15): The urban wellbeing, housing and local government ministry has been tasked by the cabinet to formulate a set of guidelines for property developers wishing to use moneylending licences to provide bridging loans to buyers facing constraints in meeting the initial payment.
High household debt the elephant in the room
THERE is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia.
Jotun, USG Boral and Volvo are partners for The Edge property awards
THE Edge Malaysia Property Excellence Awards recognise Malaysia’s best developers and outstanding projects throughout the country.
Housing Ministry to formulate guidelines for developer lending scheme
KUALA LUMPUR (Sept 14): The Ministry of Urban Wellbeing, Housing, and Local Government has been tasked by the cabinet to formulate a set of guidelines for property developers who wish to undertake a money-lending licence to provide bridging loans to buyers facing constraints in meeting the initial sale-and-purchase payment.
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
PETALING JAYA (Sept 14): Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016.
Controversial lending plan goes to cabinet today
KUALA LUMPUR (Sept 14): Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will brief the cabinet today on the controversial developer lending scheme, after the ministry’s initiative was met with strong resistance and censure — even from within the cabinet itself.
