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Don't over-borrow
Although only two restrictions have been placed on borrowing for the purchase of a third or more homes and credit card eligibility, it does not mean that there won’t be more to come.In fact, consumers should be vigilant as Bank Negara is believed to be putting more intensive supervision on ... Read More

Malaysia to allocate land for affordable homes
THE government will allocate a portion of its landbank for the construction of affordable housing, especially for Malaysians eligible for the My First Home Scheme. Housing and Local Government Minister Datuk Chor Chee Heung said the affordable housing project, which will likely be stratified properties or apartments, will either be ... Read More

Nineten
Nineten is part of Permai Village development located at Tanjung Bungah, Penang. It comprises 3-storey semi-detached house with a total 40 units. The semi-detached house come with 5+1 bedrooms and 5 bathrooms with a gross built-up area of 4,835 sq.ft. The land size of each 3-storey semi-detached house measuring from ... Read More

Association to build 5,000 high-rise units in Malay heritage areas
The Penang Malays Association (Pemenang) is planning to build 5,000 apartment units with a built-up area of not less than 1,000sq ft each in George Town.Its president Datuk Seri Mohd Yussof Latiff said the units would be built on 11.33ha of land, among others in Kampung Makam, Kampung Dodol, Jalan ... Read More

Demand rebound lifts residential property market
The residential property market has been experiencing an upturn since the fourth quarter of 2009 as demand rebounded by 7.1% (2009: -2.3%) following improved consumer sentiments. Meanwhile, the increase in housing stock moderated in 2010 as housing started a declining trend.The widening gap between supply and demand has kept property ... Read More

Learning from others, Bank Negara way
It turned out that South Korea plunged into a crisis that year because people got carried away and spent money they did not have. Millions defaulted on their payments, the government had to rescue its biggest credit card company and the economy slowed down significantly. A crucial aspect of the ... Read More

Banking sector ready for MyFirstHome Scheme
THE banking sector is well-positioned to make assessment of affordability and the creditworthiness of borrowers under the "My First Home Scheme".Bank Negara Malaysia (BNM) governor, Tan Sri Dr Zeti Akhtar Aziz, said there would be no risks to the quality of household loans from the scheme as the focus was ... Read More

Terrace+ @ The One, Bayan Baru
By marrying the best of Commercial and Residential development in one single location, Terrace+ dispels the myth that work and home can never be together. Inspired by the architectural wisdom of heritage commercial units within Georgetown, Terrace+ mixes the traditional practicalities with the aesthetics of modern design. Location : The One, ... Read More

Fiera Vista
Fiera Vista is a freehold residential titled condominium project located along Jalan Tun Dr. Awang. Comprising four 16-storey residential towers with 470 unites, it offers unique floor layour of Semi-D and Bungalow ranging from 1,450 sqft. to 1,650 sqft. Enjoy the conveniences of modern living or savor the peace and ... Read More

Primo Heights @ Summerton, Bayan Indah
Placed to perfection near the sea and surrounded by the best life has to offer, Summerton is a sanctuary of vibrancy and indulgence. Comprising of both luxury suites and commercial unites, this prime development is set to breathe an air of exclusivity so refreshingly different from any other developments in ... Read More
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