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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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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Now this joker is building Twinstar. good luck to the buyers. ...Jeff on The H2O Condominium
- asked about the project already. lousy spec. ...Jeff on Twin Star
- @Chris Worse of all FTZ, only 2 exits. ...Islander on Penang unveils IC design park plan in Bayan Lepas
- when will it launch? or it already launch? got show room? where? ...Jeffrey on Twin Star
- All i can say is good luck to the traffic around FTZ Phase 4 ...Chris on Penang unveils IC design park plan in Bayan Lepas
- @millionaire I believe you don't get my meaning. The lobby is very much accessible to...Juf on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- same developer as H20 Condo. don't expect will appreciate ...Kris on Twin Star
- @Juf If outsider follow someone to enter Queens lift lobby just to enjoy free air...millionaire on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @H2O Only spacious & nothing is good & poor maintenance. That's why price is stagnant...Juf on The H2O Condominium
- One of the nice condos in Jelutong - spacious (big size), low density, windy, strategic...H2O on The H2O Condominium
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