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Developers drawn to ‘less prime’ locations
With the supply of land-bank getting scarce in the Klang Valley, it’s not surprising to see developers expanding their presence in “not-so-prime” locations. This was evidenced as recently as last week, when SP Setia announced it was acquiring a RM381.2mil plot of land in Rinching, located mid-way between Semenyih and ... Read More
Opportunities in secondary market
OPPORTUNITY may present itself for house buyers looking for properties in the secondary market especially in prime areas, with the property market going through a soft patch, dampening sentiments of speculators. “We have not detected any downward trend in prices yet, in fact prices are still on an upward trend ... Read More
Easier to buy homes now
Affordable housing: Filepic of low-cost homes in Kepala Batas. THE Government?s move to help first-time house buyers to purchase homes priced up to RM400,000 will prompt developers to introduce more affordable housing. Under the Budget?s proposal, first-time buyers with a combined in-come of about RM6,000 will be eligible for loans ... Read More
Affordable homes for the masses
VARIOUS initiatives have been put in place under Budget 2012 to make house ownership more affordable. The maximum price of houses under the My First Home scheme will be increased to RM400,000 from RM220,000, and eligibility will be through joint loans of husband and wife from January 2012. The 1Malaysia ... Read More
Real property gains tax: Gradual impact
Kuala Lumpur: The impact from the real property gains tax (RPGT) hike, a move to curb speculation in the property market, will be gradual. RPGT is a tax on properties sold less than five years after they are bought. Only the profit from the sale of a property is subject ... Read More
Budget 2012: My First Home Scheme limit increase
Government proposes to increase the limit of house prices under the My First Home Scheme from a maximum of RM220,000 to RM400,000 beginning January 2012 ... Read More
Budget 2012: Govt Proposes RPGT Rate Review To Curb Speculation
The government today proposed a review of the Real Property Gains Tax (RPTG) to curb speculation. The government has proposed that for properties held and disposed within two years, the RPTG is 10 per cent for both companies and individuals. For properties held and disposed within a period exceeding two ... Read More
Reveal details of Bayan Lepas coastal projects, state government told
GEORGE TOWN: Penangites should not be kept in the dark over talk of land reclamation along the Bayan Lepas coastal area. Pantai Jerejak Barisan Nasional coordinator Wong Mun Hoe urged the state government to “come clean” on its dealings with Boustead Holdings. “The reclamation of 40ha is estimated to be ... Read More
Machang Bubok bridge work suspended
WORK on the construction of a RM2mil bridge over a stream along Jalan Kulim in Kampung Machang Bubok near Bukit Mertajam has been suspended temporarily following objections from shopkeepers there. State Public Works, Utilities and Transportation Committee chairman Lim Hock Seng said the shopkeepers had complained their business had been ... Read More
20 firms to showcase projects at property fair
The public having a closer look at the model of a housing project at The Star Property Fair 2011 in Penang in July. PETALING JAYA: About 20 developers and property-related companies will showcase their projects and management services at The Star Property Fair 2011 from Nov 25-27 at the Kuala Lumpur ... Read More
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- Using Jalan Tok Kangar as an alternative route for heavy vehicles is a highly impractical...Crying Penangites on Peak hour heavy vehicle ban in Bukit Tambun to begin February 2025
- I am interested in this project. Kindly contact me. Thank you. My name is Saw...Saw Bee Kim on PROPOSED: 55-storey affordable housing @ Tanjung Bungah
- Ban wheel loader during peak hour and remove roadside vendor, that would help.. ...Oh nice on Peak hour heavy vehicle ban in Bukit Tambun to begin February 2025
- price pls ...ooi on Affordable housing @ Penang International Exchange
- Anyone know anything about the site progress? Went there last time, still empty. ...B Wong on The Cube
- clittie : @Ashraf Actually having a seaview is not a big deciding factor for...Minion on Ideal Venice Residency
- @Ashraf Actually having a seaview is not a big deciding factor for many buyers in...clittie on Ideal Venice Residency
- @Ong Heng Huat Off course no problem. The Pier /Bayan suite or even future Seaview...Ashraf on Ideal Venice Residency
- Penang world city sea land reclaimation started . your view only close building to building...Ong Heng Huat on Ideal Venice Residency
- Sea view going to End . Bayan suite , The Pier , good luck on...Ong Heng Huat on Ideal Venice Residency
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