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Interest rate held steady
PETALING JAYA: Policymakers at Bank Negara followed the lead of their regional peers by holding the key policy rate steady, as growth momentum moderated amid a slowdown in trade activity while upside risks to inflation remained. The central bank, which maintained the overnight policy rate (OPR) at 3%, said in ... Read More

Residential prices hardly fall On a per sq ft basis, it has risen
THERE was a lot of talk late last year that property prices will tumble in 2012 after the steep rise in the residential sector over the past few years. So far, we have not seen any of that. What we are seeing is: ● Bank Negara's tightened guidelines on consumer lending ... Read More

Bankers and lawyers should know better
BUYING a property that eventually becomes abandoned is a painful experience for many house buyers. It not only hurts purchasers who have lost their hard-earned money but also affects the property industry's reputation which has taken a beating due to unethical activities of a few culprits. This is particularly so ... Read More

Condo market challenging
PETALING JAYA: With close to 2,600 high-end condominiums scheduled for completion in Kuala Lumpur this year, the outlook for the luxury condominium market in the capital city is expected to be challenging.“Bank Negara is keeping a close eye on the mortgage loan market on concerns of rising household debt-to-gross domestic ... Read More

Long queue to ownership
FOREIGN workers are being paid up to RM1,000 to queue up for housebuyers to book hot properties in land-starved Penang island. These professional queuers — mostly Bangladeshis and Indonesians — even bring along their wives and children to camp outside the developer’s office up to one week ahead of a ... Read More

Dijaya in amalgamation exercise
DIJAYA Corp Bhd will buy assets worth RM1.1 billion owned by its major shareholder, Tan Sri Danny Tan Chee Sing, under a consolidation exercise to spur its growth. The exercise is specifically aimed at streamlining and rationalising a majority of land and properties held by Tan into Dijaya. Both parties ... Read More

The fear factor in property purchases
PETALING JAYA: Property developers and consultants from Penang to Johor are generally bullish about the residential property market and do not think there is a bubble.They are of the view that there are two types of buyers, one who is buying out of need and the other out of fear ... Read More

City Residence
City Residence and City Mall, a mixed development by Ivory on a 2.42 arce prime freehold land in Tanjung Tokong. The commercial segment (City Mall) will consists of 23 three-storey units ranging from 3,750 sq.ft. to 14,200 sq.ft. Enhanced with tropical style interior design that appeals to the landscape elements, ... Read More
Ivory expects nod for RM10b Penang project this week
GEORGE TOWN: Ivory Properties Group Bhd is expecting approval from the Penang Development Corporation (PDC) this week for its proposed RM10 billion "Penang World City" project at Bayan Mutiara. Executive director Murly Manokharan said yesterday the development was expected to incorporate, among others, medical facilities, Grade-A offices and both high-end ... Read More

Carissa Villas
Carissa Villas, a low-density gated and guarded development by Tambun Indah. Located at Bagan Lallang at the centre of fast growing Raja Uda Township and near to the renowned Chung Ling High School, SRJK Kwang Hwa, wet markets, Sunway Carnival, banks & other amenities. Its strategic location & established infrastructure provides ... Read More
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- Amaanee Residence ...SATHESH SANTHIRAN on Amaanee Residences
- Hello, anyone know when the insolvency will resolve this? Or who can help buyers out...Kim on Montage
- Too many condo.....even Triuni also not yet fully sold out. The land plot size also...Cruz on PROPOSED: 20-storey condominium at Batu Uban
- @WC_ong True, The Cube in house sales person is more professional and understand their product...Floyd on The Cube
- @WC_ong No need to compare much actually. Both projects in combination is less than 1200...Floyd on The Cube
- @Koja Congratulation on ur purchase. Sea view unit is a good catch at this price....Floyd on The Cube
- @WC_ong Frankly, the houses in Jelutong, either Twinstar or The Cube is a bit overvalued...Floyd on Twin Star
- The 475k prices (After 13k discount) was meant for first time house buyer. Plus the...Floyd on Twin Star
- I know its a very complex and difficult project to execute. But this thing has...Koh SK on Construction of Penang LRT Mutiara Line set to begin in Q3 2025
- Hard selling on AG projects to make them looks cheap and unwanted, thumb rules on...millionaire on SITE PROGRESS: Queens Residences 3 (Feb 2025)
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