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Budget 2013: Housing & Property
The Government acknowledges that comfortable and affordable housing is the most important basic necessity for the rakyat. The Government is committed in ensuring that the rakyat has the opportunity to own a house. This is not only an economic imperative, but also a moral imperative for a responsible Government. Therefore, ... Read More
Keeping our property market robust
SOME analysts have already downgraded the property sector amid speculations that Budget 2013 will implement tough measures on the industry. Soaring property prices are on most people’s minds but any steps taken to counter this may not be positively viewed by industry players. Yet, public outcry has been loud and ... Read More
Seri Delima Residences
Seri Delima Residences, strategically located within Juru township in Penang, a mere minutes drive from North-South Highway Interchange and Juru Auto-City. Featuring 200 apartment units with 24-hour security, access card system and swimming pool. The details of this project will be updated soon. Property Project : Seri Delima Residences Location : Juru, ... Read More
Shop owners cry foul over strata titles
GEORGE TOWN: A group of shop owners of Prangin Mall are crying foul over the developer’s failure to issue them with strata titles over the past 12 years. Prangin Mall Joint Body Management chairperson Terri Yeoh Mooi Sim said the shop owners had suffered great losses as the market value ... Read More
Slowdown of property sector set to extend into next year
PETALING JAYA: Exorbitantly high selling prices, stringent banking rules and a generally cautious sentiment that has been having an impact on the Malaysian property market this year could continue into 2013. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said property transactions in the first half of 2012 had slowed ... Read More
Solutions to housing concerns likely in Budget 2013
THE coming Budget 2013 is expected to address two interesting issues - how to curb the speculative property market and how to address the issue of affordable housing. In a recent report, Kenanga Research says market talk is that the Government will consider hikes in real property gains tax (RPGT) and increase ... Read More
Road expansion project paves way for smoother commute
MOTORISTS travelling along the Tun Dr Lim Chong Eu Expressway in Penang should enjoy a smoother journey after the road-widening project is completed by end of this month. Penang Chief Minister Lim Guan Eng said the project was carried out by IJM Corporation Bhd and the Malaysian Highway Authority. “The ... Read More
Beryl Garden
Beryl Garden, located on a small piece of land next to Jalan Pondok Upeh, within the established township of Balik Pulau. Walking distance to all amenities such as wet market, Chong Teik school and Balik Pulau Town. Property Project : Beryl Garden Location : Balik Pulau, Penang Property Type : 2-storey & 3-storey ... Read More
Taman Impian Ria
Taman Impian Ria, strategically located within Alma township in Bukit Mertajam. Current phase of residential development by Asas Dunia Berhad comprises 62 unit of 2-storey terrace houses with two design types. Each unit comes with built-up area ranging from 2,009 sq.ft. onwards. Property Project : Taman Impian Ria Location : Alma, Bukit ... Read More
Kenanga pushes sector down to neutral on Budget 2013 risks
PETALING JAYA: Kenanga Research has downgraded the property development sector to a “neutral” rating from “overweight” previously, due to potential worse-than-expected Budget 2013 risks. It noted that recent news reports had indicated that Budget 2013 would see measures to control the soaring prices of property, including tighter fiscal policies to curb speculation ... Read More
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- Rubber tyred type? ...Helmi on Penang LRT construction to start in December
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