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Second Penang link ready in July

Second Penang link ready in July

GEORGE TOWN: The second Penang bridge is set for completion in July. The longest bridge in South-East Asia and 20th in the world will then go through road commissioning and testing in August before being officially opened in September. During a tour, the media was given a first-hand look at ... Read More
5 Common Home Loan Mistakes That People Make

5 Common Home Loan Mistakes That People Make

Taking a home loan? Here are 5 common home loan mistakes that people make especially when they’re applying for it for the very first time. Read on so you can avoid these pitfalls too. Diving in When You’re Not Qualified Banks, by nature, are generally eager to offer home loans ... Read More
Can the developer confiscate your booking fee?

Can the developer confiscate your booking fee?

I found my dream house. The developer’s office said the project was selling like hot cakes. Sales were on a first come first serve basis’ and I must pay a deposit otherwise she would have to give it to someone else. Or was it a booking fee she called it? I ... Read More
Consultants say intervention in property prices should be done gradually

Consultants say intervention in property prices should be done gradually

WITH residential prices continuing to rise and and currently standing at 61%, 52% and 108% above the post Lehman troughs in China, Singapore and Hong Kong respectively, do interventions really help? And what are their effects on Malaysia? In the April issue of Asia Pacific Residential Review, Knight Frank brought ... Read More
The perfect property is gated and guarded, near work, and has good neighbours

The perfect property is gated and guarded, near work, and has good neighbours

Least important factors were identity of developer and availability of broadband internet According to a UK survey, the perfect property is two miles from a supermarket, ten miles from the coast and within walking distance of a pub where the landlord knows your name. How about for Malaysians? StarProperty.my recently ... Read More
6 Things You Should Consider When Taking Up a Home Loan

6 Things You Should Consider When Taking Up a Home Loan

To the common folks, choosing a home loan is almost as hard as choosing the property itself. If you’re currently in the midst of shopping for a home loan to buy the house of your dream, here are 6 things you should consider before making what would arguably be the biggest financial ... Read More
Penang residential market to remain active though less buzz compared to last year

Penang residential market to remain active though less buzz compared to last year

Hot spots include Batu Maung, Bayan Lepas, George Town, Tanjung Bungah, Teluk Bahang, as well as areas around five new proposed highways. “Despite uncertainties in both external  global economy and internal political risks that have caused some investors to slow down in the short term, market analysts believe that the ... Read More
Secondary property market transaction value to go up

Secondary property market transaction value to go up

PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) is targeting the transaction value of the secondary property market to increase by between 5% and 8% this year. MIEA president Nixon Paul says: “Historically, the transaction value would increase at about that range every year.” Speaking at a press conference ... Read More
Hillside project is safe, says developer

Hillside project is safe, says developer

NUMEROUS certified and qualified industry professionals have been engaged by Sunway City (Penang) Sdn Bhd in the string of planning, assessment and studies conducted to ensure the safety of a hillside development project in Sungai Ara, Penang. In a press statement issued on Friday, the developer said it had fulfilled ... Read More
Be forewarned: Do not sign your rights away

Be forewarned: Do not sign your rights away

“THE developer says I must sign the letter to collect the keys.” How often do we hear that from house buyers? Too often. How often do house buyers know what to do when faced with such dilemma when taking vacant possession? Not often enough. Do you know the entire content ... Read More