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New doesn’t mean perfect, vis-à-vis purchase from housing developers
House buyers in Malaysia need to be educated about their rights. They have to be made aware of the issues they face, and to demand quality for the huge sum of money they are paying for their property. Complaint One “I received the keys to our home and to our ... Read More
Bank Negara is studying the risks arising from DIBS with a view of potentially imposing curbs on it
PETALING JAYA: Bank Negara is studying the risks arising from the developer interest-bearing scheme (DIBS) with a view of potentially imposing curbs on it, sources said. Although it is unclear if or when such curbs would be put in place, Hong Leong Investment Bank (HLIB) said that it may be ... Read More
Home Loan Redraw Facility Explained
In recent times, the redraw facility has become a common feature in most home loan packages in Malaysia. Whilst the concept of redraw is relatively simple to understand for most seasoned home buyers; a new home buyer may find this term slightly confusing as it really isn’t something you see ... Read More
Skyview Piazza
Skyview Piazza is well placed to attract quality customers from the immediate vicinity. With all its units located on the ground floor, it offers a huge captive market of the residents from its base of Skyview Residence and other surrounding ones too, making it a sure choice for retail business ... Read More
Ivory Group to start phase 3 to 5 of Penang Times Square by year-end
KUALA LUMPUR: Penang-based Ivory Properties Group Bhd will start work on phases three to five of its Penang Times Square project, which includes a five-star hotel, by year-end. Group chief executive officer Datuk Low Eng Hock said the three phases would cover 1.5 million sq ft, including a five-star hotel. In a statement issued ... Read More
Nadayu plans RM800m projects in Klang Valley, Penang
Nadayu Properties Bhd aims to launch three projects worth over RM800 million in the Klang Valley and Penang within six to 10 months to grow the group and build its brand. The developer will be launching Nadayu 99 in Cyberjaya, Superlinks@Nadayu Melawati in Ampang and Nadayu 290, Bukit Gambir in ... Read More
Skyview Avenue
Skyview Avenue, strategically situated in the heart of Jelutong along Jalan Perak, it is ideal for anchoring all kind of corporate offices and retail outlets. Designed for convenience, the exciting variety of eating outlets and retail mix reflects the lifestyle demands of the young trend-setters, makes it one of Penang's ... Read More
Tambun Indah plans RM200m capex to expand landbank
GEORGE TOWN: Property developer, Tambun Indah Land Bhd, plans to spend RM100 million to RM200mil in capital expenditure (capex) this year to buy more land. Managing Director Teh Kiak Seng said the group was actively scouting for land in Penang especially in Seberang Perai. "We will spend to expand our landbank based ... Read More
Does DIBS benefit buyers?
I recently went to a SOHO launch where the developer offered a 10% rebate and DIBS (developers’ interest-bearing scheme) package. With regards to the rebate, 10% of the selling price will be waived provided the sale and purchase agreement (SPA) is signed within a certain period. I understand that the rebate ... Read More
Palace Garden
Palace Garden, strategically located within Sungai Dua township in Butterworth, Penang. This is a mixed development by Metro Jelata Group, comprises 2-storey shop offices, terrace, semi-detached and bungalow houses. With easy access to major township and island through North-South Expressway, less than 15 minutes drive to Penang bridge. Property Project : ... Read More
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- Finally, a pipe dream coming true! Just hope that the project is successfully executed as...I❤LRT on Penang LRT construction to start in December
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- simply say to boost sales~~ ...penang siao kia on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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