BY CAITLYN NG LI YUIN liyuin@ocision.comPutrajaya has undergone massive development since becoming Malaysia’s third Federal Territory, but still retains many green sanctuaries and fascinating attractions that visitors can explore to their hearts’ content.Many people know that Putrajaya is the...

PETALING JAYA: Avista, the newest residential development in Warisan Puteri, debuted with great aplomb and achieved over 75% take-up rate since its launch three days ago.According to the statement, Avista comprises 182 units of freehold two-storey terrace houses with built-up spaces from 2,277 sq...

BY THEAN LEE CHENGProposed sale: The Raintree Club of Kuala Lumpur was set up in 1983. There is a proposed resolution to dissolve the club, sell the 6.2 acres it is sited on and sale proceeds distributed to its 2,000 members.PETALING JAYA: Another club may end up giving way to development, days...

Jagdeep (centre), Malaysian Institute of Estate Agents (Penang branch) chairman Mark Saw (on Jagdeep’s left) and other officials posing for a photo after the press conference at Komtar, George Town.THE Malaysian Secondary Property Exhibition (Maspex) returns for the fourth year.This year, the...

PETALING JAYA: Property group LBS Bina Group Bhd continues to focus on affordable properties on its upcoming launches.LBS managing director Tan Sri Lim Hock San said on a media briefing last week that LBS will be actively launching more affordable housing up until next year, adding that most of...

BY S. PUSPADEVIIoT-ready project: Madius (second from right) at the press conference after the strategic partnership signing ceremony. With him are (from left) Eu, Lim and Chee SiongSHAH ALAM: Property developer I-Bhd has tied up with Huawei, a leading information and communications technology...

PETALING JAYA: Infrastructure jobs awarded during the first half of 2016 amounted to RM30bil, exceeding the value of jobs given out in 2015 at RM26bil.Maybank Investment Bank (IB) Research said the RM30bil, according to statistics from the Construction Industry Development Board, included about...

BY THEAN LEE CHENGPETALING JAYA: It is “too challenging” for private developers to build affordable houses when land price is so expensive and development costs have spiked.“If the Government wants developers to build more affordable housing, give us cheaper premiums or don’t charge at...

Home sweet home: The lack of affordable homes is the biggest problem, says Bank Negara.KUALA LUMPUR: The biggest problem for house buyers is not the maximum 35-year loan repayment period but the lack of affordable homes, says Bank Negara Malaysia (BNM).The central bank was responding to a media...

By Lee Yan LiPETALING JAYA: As house prices are likely to remain relatively stable, industry players urged the government to take a holistic approach to ensure homeownership for the younger generation.Mah Sing chief executive officer Ho Hon Sang suggested increasing the percentage of the Account 2...