As reported in The Star Online, property group LBS Bina Group Bhd and its 51.2%-owned construction unit, ML Global Bhd, have requested a three-business-day trading suspension of their shares effective today until Wednesday to make way for a “material announcement”.Shares in ML Global were last...
As reported in The Star Online, Atrium Real Estate Investment Trust’s (REIT) trustee, Pacific Trustees Bhd, has accepted the banking facility of a term loan and bank guarantee amounting to RM12.8mil and RM300,000 respectively, offered by Public Bank Bhd.In a filing with Bursa Malaysia yesterday,...
As reported in The Star Online, the government’s move to allow property developers to provide up to 100% financing to their buyers is a positive surprise as it is an additional option for the developers to boost sales, says CIMB Equities Research.Plenty of pent-up demand for mass-market housing...
As reported in The Star Online, the RM1.2bil Qi City project in Bandar Meru Raya here is expected to be completed in two years’ time, said Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir.Zambry (4th from left) and Vijay (3rd from left) at the groundbreaking ceremony for Qi City. - Bernama...
BY: JONATHAN ROBERTS jonathan@propwall.comPutrajaya’s decision to allow property developers to assist non-bankable home buyers afford a home, by acting as a moneylender, has attracted strong criticisms.Urban Wellbeing, Housing, and Local Government minister Tan Sri Noh Omar, asserted that this...
Plenty of pent-up demand for mass-market housing that the developers can tap intoAs reported in The Star Online, CIMB Equities Research said that the government’s move to allow property developers to provide up to 100% financing to their buyers is a positive surprise as it is an additional option...
As reported in The Star Online, the introduction of an initiative that enables property developers to give out loans to buyers at an interest rate of between 12% and 18% has received lukewarm response from the property sector.Analysts, in general, do not view this as a major catalyst to invigorate...
Rashidi beside the trunk of one of the five mango trees that were cut down at the now bare road reserve.THE felling of five trees at a road reserve in Taman Melawati, Ampang to make way for an underground pipe replacement project had upset residents who claimed that the alignment of the pipes could...
By VIKNESH ASHLEY The recent Starproperty.my Fair 2016 held at Nu Sentral, Brickfields suggested vibrancy in the Malaysian property scene.STARPROPERTY.MY Fair 2016 that took place at the Nu Sentral Mall in Brickfields last month ended with a blast.The property fair held at Kuala Lumpur’s central...
Plenty of pent-up demand for mass-market housing that the developers can tap intoKUALA LUMPUR: The government’s move to allow property developers to provide up to 100% financing to their buyers is a positive surprise as it is an additional option for the developers to boost sales, says CIMB...