KUALA LUMPUR: Young Malay­sians eligible for housing loans under the My First Home Scheme will be charged an interest rate or profit rate of base lending rate (BLR) minus 1.8% for the duration of their loan. A person has to be no more than 35 years of age when applying ... Read More

Gevanantham Marimuthu (Geva) has been waiting for over a decade to move into his Lembah Beringin home he bought in the late 1990s, 50km from Kuala Lumpur. Today, Geva, alongside some 2,000 others in that area, have not moved into their dream homes because the project has been abandoned. Geva ... Read More

KUALA LUMPUR: The average prices of newly developed residential property this year is expected to grow by 13% against last year in line with the increase in raw materials cost, according to a survey by Real Estate & Housing Developers’ Association Malaysia (Rehda).The survey showed that the average terrace house ... Read More

BANK Negara Malaysia is widely expected to leave borrowing costs unchanged but economists said it may carry out other measures to let some hot air out of the financial system and deal with rising prices of consumer goods and services. The monetary policy committee will make a decision on the ... Read More

KUALA LUMPUR: The rise in residential property prices is still manageable and measures such as the My First Home Scheme will allow those in the lower-income brackets to own homes.Prime Minister Datuk Seri Najib Tun Razak said at a press briefing yesterday, following the annual meeting with Bank Negara governor ... Read More

KUALA LUMPUR: Young working adults can now buy themselves a new home without having to pay a sen in down payment.Those earning less than RM3,000 a month can obtain up to 100% financing to buy their first home under a new scheme launched yesterday.The My First Home Scheme, launched by ... Read More

The Society for the Prevention of Cruelty to Animals (SPCA) has urged residents of high-rise units in Penang not to leave their pets unattended in their premises.Penang SPCA administrator Lily Leng said pets should also not be kept in balconies as the animals are not fully protected from the rain ... Read More

The Lunar Year of the Wood Rabbit will bring good fortune to Johor Baru, Penang and Kuala Lumpur, according to feng shui readings by Joe Choo, president of the Malaysian Institute of Sciences (MINGS). Peninsular Malaysia is divided into four elements according to the four points on a compass - ... Read More

PETALING JAYA: Property prices of the local residential sub-sector are expected to be flat in the next few months as fears of rising oil prices due to the political unrest in the Middle East may damper investor and buyer confidence. Khong & Jaafar Sdn Bhd managing director Elvin Fernandez said ... Read More

THE thriving Penang property market has gotten off to a robust start this year with a new development planned for Jelutong. Tambun Indah Land Berhad has proposed to acquire the entire equity of Premcourt Development Sdn Bhd, and will undertake a mixed strata development project in the area through Premcourt ... Read More