by Miichael Yeoh Who shall we blame for loan rejections? Shall we blame Bank Negara (BNM), the banks or the borrowers? We are always puzzle why our loan can be rejected and you thought submitting a loan is easy as ABC. It you read articles on newspaper and magazines everyone ... Read More

The secondary property market in the country is set to soar due to high demand, according to the Malaysian Institute of Estate Agents (MIEA). MIEA president Erick Y.T. Kho said the secondary property market in the country recorded 381,000 transactions worth RM152bil last year and the figure was set to ... Read More

Many people dread going to the lawyers as it means forking out hundreds if not thousands of ringgit in legal fees for their service. However, Malaysians wishing to prepare uncontested wills and probate, documents on tenancy agreement, purchase or transfer of property, or even divorce petitions can be spared the ... Read More

The possibility of trams plying the streets here again is nearing reality as a consortium has won the bid to carry out the RM27bil Penang Transport Master Plan. Trams, which were a feature in pre-Independence Penang, are among proposals under the PTMP, which includes light rail transit (LRT) lines and ... Read More

Gamuda Bhd has been appointed as the Project Delivery Partner (PDP) to oversee and realise certain key components in the RM27bil Penang Transport Master Plan (PTMP). Sources told StarBiz that the group has recently received the letter of award from the state government following a state executive councillor meeting, which ... Read More

Driving time from Air Itam to Tun Dr Lim Chong Eu Expressway is expected to be slashed by half by 2018 with a new 5.7km bypass. About 70% of the dual carriageway will be elevated and the link provides for 70km/h speed limit. It will begin in Jalan Kampung Pisang, ... Read More

The state government is thinking of allowing developers to sell a certain percentage of affordable units priced between RM200,000 and RM400,000 to buyers who do not meet the financial requirements. Penang Housing, Town, & Country Planning Committee chairman Jagdeep Singh Deo said these buyers were not eligible to be on ... Read More

The Penang government will consider introducing additional affordable housing categories into the property market. State housing committee chairman Jagdeep Singh said these units will be priced at between RM120,000 and RM150,000 because purchasers were finding it difficult to secure loans for affordable housing units currently priced between RM200,000 and RM400,000 ... Read More

Property developers are still faced with operational issues that come with the implementation of the Goods and Services Tax (GST), after the consumption tax came into force four months ago. In a forum to address this issues at the recently concluded Fiabci-Penang International Roundtable Property Conference 2015, Ernst & Young ... Read More

We tend to forget the meaning of community living while climbing the career ladder to put food on the table and the kids through private school. Urban Malaysians live in private spaces, outsourcing our community responsibilities to our maids and elected representatives. In fact, we outsource everything outside our own ... Read More