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...

MASS Rapid Transit Corporation Sdn Bhd (MRT Corp) has awarded the automatic fare collection (AFC) work package for the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line to Indra Sistemas and Rasma Corporation Consortium.The consortium is made up of the Spanish public-listed multinational consulting and...

BY JOSEPH CHINBank Negara: "The implementation of BNM’s responsible financing guidelines serves to protect individuals’ interests."KUALA LUMPUR: Bank Negara Malaysia (BNM) says the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by...

PUTRAJAYA: A maximum loan in­terest of 6% is considered fair rate for developers to charge house buyers.“We are still getting feedback to look on what is the acceptable rate. But roughly, based on early feedback, I think developers should impose up to 6% interest rate only,” said Urban...

PETALING JAYA: When asked about her memories regarding the good old days, Tropicana Corporation Bhd senior general manager marketing and sales Ung Lay Ting remembers spending quality time playing traditional games as a child with her friends and family.She especially remember the simple pleasures,...

An ongoing apartment project in Bandar Meru Raya. – filepicAs reported in The Star Online, the proposed policy to allow developers to apply for moneylender licences may not benefit developers in smaller cities.Real Estate and Housing Developers Association Malaysia Perak branch chairman Tony...