How about lowering property prices?
As controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get ... Read More
Official Launch of Mekarsari @ Bertam, Kepala Batas
Good news! Mekarsari @ Bertam, Kepala Batas will be launching on 24th & 25th September 2016 (Sat & Sun) from 10am – 5pm at Mekarsari Show Village. Great deals and rewards await you. Price from RM4XXK onwards. For more information, please contact 04-5757000 or visit our Facebook Page @ Mekarsari ... Read More
Soft Launching of Skyridge Garden @ Tanjung Tokong
You are cordially invited to the Soft Launching of Skyridge Garden @ Tanjung Tokong. RM491 per sqft. onwards with 2 parking bays. Plus free air-conds & water heater tanks. 85% Loan (including 3rd or more houses buyers) with an attractive 4% interest per annum. Visit OHM Group's Marketing Gallery to find out more ... Read More
Henry Butcher: 77% of Penang existing residential properties selling below RM500,000
Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population. According to Henry Butcher Malaysia (Penang), 77% of the state’s existing residential stock is priced below RM500,000. As at 2Q2016, Penang ... Read More
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016. About 24% of respondents agreed that properties in the price range of RM500,001 to RM700,000 faced the ... Read More
Penang Sentral – Centre of connectivity in the making
A new centre of connectivity is fast appearing, where a new hub for integrated transportation, integrating rail, ferry and bus services, will soon rise in the north. Check it out in the video below. Serving as the centre of transportation for Penang and the northern corridor, the hub also integrates ... Read More
Woodsbury Suites @ Harbour Place – Under construction
Woodsbury Suites, an on-going service apartment located along Jalan Chain Ferry, within the Harbour Place township development in Butterworth. It comprises 420 units of service suites with built-ups ranging from 550 sq ft to 2,270 sq ft. There are eight contemporary layout design to provide for flexibility in defining space according to individual ... Read More
Proposed developer’s housing loan scheme may cause property bubble
Putrajaya is risking a subprime crisis if it lets developers assume the role of housing loan creditors who are allowed to charge quadruple the interest rates offered by banks, the National House Buyers Association (HBA) warned. In a statement to the Malay Mail Online late last night, the HBA urged ... Read More
DNP Land 20th Anniversary & Property Showcase 2016
You are cordially invited to the celebration of DNP Land 20th Anniversary and Property Showcase 2016. Date/Time 16 - 18 September 2016 (Sunday) 10:00 AM – 5:30 PM Venue BM Utama Sales Gallery, Bukit Mertajam, Penang. PROGRAM HIGHLIGHTS ... Read More
Ministry mulls proposal for developers to act as money lenders
The Urban Wellbeing, Housing and Local Government Ministry is mulling a proposal for housing developers to be issued a money lending licence to help non-bankable house buyers and overcome down payment issues. Tan Sri Noh Omar (pix), the Minister, said he observed many buyers having difficulty making down payments. "I ... Read More
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