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Budget 2017 no help in stimulating sluggish property market
Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes. Heritage Shield Real Estate Sdn Bhd CEO and immediate past president of the Malaysian Institute of Estate Agents K Soma Sundram said Budget ... Read More
Budget 2017: What’s in it for housing?
For housing, the following was announced to enhance first home buyers’ affordability: Financing will be easier and more accessible to buyers with total loan of up to 90% to 100% with loan rejection rate to be reduced drastically. For example, applicants with monthly income of RM3,000 now eligible for loan ... Read More
Gurney Wharf making good progress
People strolling along Gurney Drive are getting a respite from the muddy water that used to come up the shoreline. A perimeter rock bund of the reclamation work going on off the coast has helped keep the murky water away, providing a jade-green seaview at high tide now. A spokesman ... Read More
UPCOMING: Batu Maung / Webest Land Sdn. Bhd.
A newly proposed luxury condominium Webest Land Sdn. Bhd. at Batu Maung. It is located along Jalan Permatang Damar Laut, adjacent to Sunway Mutiara housing scheme by Sunway Property. This development will see the construction of a 25-storey building, comprises 42 residential units and 4 levels of car park. More ... Read More
Help for first-time house buyers?
Higher withdrawals from retirement funds and stamp duty exemptions are among measures for first-time home buyers likely to be announced in Budget 2017. CH Williams Talhar & Wong managing director Foo Gee Jen (pix) said a 100% stamp duty exemption would help first-time home buyers as it could result in ... Read More
Let’s Talk About Business @ Eco Bloom
To be competitive means to be more knowledgeable and updated on all market aspects. Get information relating to tax & property strategies by tax expert - Dr. Choong Kwai Fatt and renowned retail expert - Sam Siew on franchising this Saturday. EcoWorld Gallery @ Eco Meadows 22 October 2016 (2pm) RSVP ... Read More
UPCOMING: Sungai Nibong / Red Blue Development Sdn. Bhd.
An upcoming development by Red Blue Development Sdn. Bhd. within the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It is also within walking distance to the future Sungai Nibong ... Read More
Penang’s SME Village ready by 2019
The Penang Development Corporation (PDC) targets to complete the development of the 60ha (150 acres) SME Village in Batu Kawan by 2019. Special Advisor to Penang Chief Minister and investPenang director Datuk Seri Lee Kah Choon told StarBiz that to-date PDC had sold all the one to two-acre bungalow lots ... Read More
How To Invest/Buy Your 1st Property Even in the current property market
* Article by Freemind Works * Since the start of property boom nearly 10 decades ago, owning a home has become the lynchpin of the Malaysian dream. Although, with the increasing cost of living, depreciation of Ringgit, GST implementation and various other lending restrictions, the dream seems to be increasingly ... Read More
Investing in George Town pre-war buildings bears fruit
Singaporean entrepreneur with Penang roots, Jonathan Foo, 44, is seeing his family investment in heritage properties of George Town taking a form that will generate long-term recurring income. Foo is the chief executive officer of 1919 Global Sdn Bhd, which has to date spent in excess of RM10mil to conserve its ... Read More
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