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![Bank Negara likely to announce property curbs next week](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Bank Negara likely to announce property curbs next week
KUALA LUMPUR: Bank Negara is expected to announce next week measures to curb property speculation and a programme to create financial awareness for the youth, said sources.The introduction of a loan to value requirement for people buying their third house or more has been talked about, but central bank governor ... Read More
![Plenitude plans RM400m small-scale projects](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Plenitude plans RM400m small-scale projects
PLENITUDE Bhd (5075) plans to launch several small-scale property projects worth as much as RM400 million over the next eight months. The builder is taking advantage of a run-up in property prices to launch the seven residential projects that will cover areas in Klang Valley, Johor and Penang. "These properties ... Read More
![Mutiara Goodyear bullish on outlook](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Mutiara Goodyear bullish on outlook
Executive chairman Hamidon Abdullah said he was bullish on next year's outlook, describing the market as buoyant. Mutiara's new projects in Bandar Sunway, Kajang and Cyberjaya in Selangor and in Butterworth, Penang, are gated communities targeting the middle-to upper-income groups. They are expected to appeal to buyers looking for a ... Read More
![Rates hike over next 3-6 months unlikely](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Rates hike over next 3-6 months unlikely
Bank Negara Malaysia is likely to pause rates again at its next meeting on Nov 12, says Senior Economist at AmResearch, Manokaran Mottain."With Bank Negara having frontloaded rate hikes in the earlier part of the year, we see greater flexibility in keeping to a neutral stance. In our opinion, there ... Read More
![SP Setia to launch four residential projects worth RM546mil](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
SP Setia to launch four residential projects worth RM546mil
GEORGE TOWN: SP Setia Bhd plans to launch four new residential projects with an estimated gross sales value RM546mil on the island beginning this December and next year. SP Setia property (North) general manager S. Rajoo told StarBiz that the projects comprised the RM175mil Setia Greens, RM60.5mil Brook Residences, RM170mil ... Read More
![Ministry wants ‘no down-payment rule’ to cover RM350,000 homes](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Ministry wants ‘no down-payment rule’ to cover RM350,000 homes
KUALA LUMPUR: The Housing and Local Government Ministry will propose that the ceiling price of homes that do not require a down-payment for purchase be raised to RM350,000.Minister Datuk Chor Chee Heung is expected to table the proposal at next week’s Cabinet meeting.Chor said that raising the ceiling price would ... Read More
![Housing levies under review Move to spur construction of more affordable homes, says CM](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Housing levies under review Move to spur construction of more affordable homes, says CM
GEORGE TOWN: The state government is reviewing the various charges imposed on residential projects priced between RM300,000 and RM350,000 per unit on the island, and RM200,000 and RM250,000 on the mainland.Chief Minister Lim Guan Eng said that the move would encourage developers to build more affordable housing.“Developers should look at ... Read More
![Ministry: No property bubble](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Ministry: No property bubble
SHAH ALAM: The Housing and Local Government Ministry does not foresee a property “bubble” in the country, where a rise in prices will be followed by a rapid reduction.Minister Datuk Chor Chee Heung said that so far this year, property prices had increased by 37%, unlike Singapore and Hong Kong ... Read More
!['Household debt issue not addressed'](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
'Household debt issue not addressed'
LEADING think-tank Malaysian Institute of Economic Research (Mier) is disappointed that the 2011 Budget did not provide measures to address high household leverage. Executive director Dr Zakaria Abdul Rashid described it as a key disappointment in the Budget, besides the lack of measures such as those to address property speculation ... Read More
![MIER concerned with rising household debt](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
MIER concerned with rising household debt
The Malaysian Institute of Economic Research (MIER) is concerned with the rising household debt level which stood at 77 per cent of Gross Domestic Product (GDP) last year.In Bank Negara Malaysia (BNM)'s 2009 annual report, household debt was reported to have risen to 76.6 per cent for the year, the ... Read More
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- remove sg dua toll may solve the traffic congestion also... ...Abolish on Juru-Sungai Dua Elevated Expressway to ease Penang traffic
- @Victor President actually is important for those plan to stay and pass to next generation...Po on Anggun Residences
- AG Zen : @Ss The Zen& Zen6 is best development in Southern part of...jack on Tree Sparina @ Ideal Vision Park
- AG : Checked out the units and the built quality is very decent and...Minion on The Zen
- Lol who's calling the shots now? How much Penang state has spent on consultations &...jack on Penang LRT project specs come under federal purview
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- I think YB need to study the situation, Penang Gov seriously need to study and...Erwin on North Coastal Paired Road may be realigned
- please send message to koeloon at g mail. Sorry I can't type the whole address...VOS Owner on VOS Lifestyle Suites
- @VOS Owner Do you mind to put your contact over here then we will pm...Philip on VOS Lifestyle Suites
- Checked out the units and the built quality is very decent and above my expectation!...AG on The Zen
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