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How to extend your lease for leasehold properties
By Christopher ChanThe extension of leases for leasehold properties is governed under section 197 of the National Land Code (Act 56 of 1965) pertaining to the applications for approval of surrender of the whole of the land, as well as the land rules of the various states.For the state of Selangor,...
When the bank loses your title what can or cannot they do?
Check if the bank has lost the “original copy” of your title document.By Dr Ernest CheongIn my earlier article, When the bank forecloses how do you survive?, I suggested that Malaysian borrowers have five defences against foreclosure proceedings launched against them by Malaysian banks. One...
Fixed rate vs variable rate home loans: Which are better?
by imoney.myTaking up a home loan is a life-changing decision with financial impacts which commonly last for decades. Because of the large amount of money that is often involved in a home loan, the interest rate is usually the greatest consideration for home loan borrowers, and rightly so.When it...
How do I refinance my property, and what exactly is it?
by imoney.myRefinancing allows you to pay less interest on your property, to service less of a monthly home loan installment if you’re tied for cash, or to borrow some cash using your home as collateral, and based on its new, higher valuation.Home loan refinancing has been popular as a loan...
IJM confident of more projects
Chief executive officer and managing director Datuk Soam Heng Choon(filepic) said the annual replenishment order book target is between RM2.5bil and RM3bil.PETALING JAYA: IJM Corp Bhd, which is among the companies eyeing the civil works of the high-speed rail (HSR) project, is confident of...
KLCCP not too worried about property glut
Group chief executive officer Datuk Hashim Wahir(filepic) told journalists on the sidelines of the Invest Malaysia 2018 conference that sentiment could turn around soon with the improving global economic indicators that would help absorb the excess supply. KUALA LUMPUR: KLCC Property Holdings Bhd...
Yearly demand for new homes exceeds supply
Property formula: Foo says about 97,500 units per year were needed based on the average household of four people.KUALA LUMPUR: The local residential property market is facing an undersupply of housing stock – while at the same time coping with one of its worst overhang situation in years.CBRE|WTW...
WUF9 Village to encourage change for the future of urban living
From left to right: Think City Programme director Dr Neil Khor, Think City executive director Hamdan Abdul Majeed, DBKL senior deputy director of project implementation and building, maintenance department Puan Norzaini binti Nordin, Urbanice Malaysia chief executive Norliza binti Hashim, and Think...
UEM’s Atkins awarded for master planning competition
PETALING JAYA: UEM Sunrise announced London-based engineering consultants, Atkins as the winner of International Land Use Master Planning Competition for Gerbang Nusajaya’s Transit Oriented Development (TOD) plot surrounding the Iskandar Puteri High-Speed Rail Station in Johor.The consultancy was...
Sunsuria holds CNY lucky draw for customers
Sunsuria management and guests ready to bring in good luck to the year of the dogPETALING JAYA: In celebration of the upcoming Lunar New Year, Sunsuria Bhd recently rewarded its customers at the “Celebration of Winners” event at the Celebration Centre in Sunsuria City. The ‘Celebration of...