Property News
War of Depts
It gives you sleepless night thinking about the high interest you have to pay to the bank. Debts include property loans, credit card, personal loan, car loan and etc. Miichael in his WAR OF DEBTS program will coach you the step by step approach in finishing all your debts in half ... Read More
Mutiara Rini may have to be demolised and rebuilt
The Penang state government has directed a developer to demolish a partly-complete apartment building and rebuild this for safety reasons, said Chief Minister Lim Guan Eng. He said the state government was not satisfied with the safety standard of the building by JKP Sdn Bhd “JKP has agreed to demolish ... Read More
BNM Explains Why You Can’t Afford a House
Malaysia’s central bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t affordable. Bank Negara Malaysia has created a website packed with data aimed at debunking the “myth” that access to financing was deterring home ownership, showing that loan approvals for ... Read More
M Vista @ Southbay from RM345,000 onwards
M Vista @ Southbay, is an upcoming project by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. Stay tuned for the launching of this 237-unit serviced ... Read More
Penang govt goes ahead with foreign worker dorms
Penang government will go ahead with its plan to build dormitories for foreign workers at five identified locations despite objection by the local residents. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Penang government was going ahead with its plan to build dormitories for foreign ... Read More
House prices will not come down, but sizes will
Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists. “Property prices will definitely go up. We have asked various parties to help bring prices down. So, this is one of the challenges we ... Read More
Co-working space has reached Penang
Co-working is a global movement to create innovative, collaborative and community driven workspaces that move beyond traditional work environments. Stop working alone – work for yourself, not by yourself. In recent years, co-working space has been emerging as a new trend in Asia. This is supported by the rapid increase ... Read More
Mira Residence – Free 6D4N Melbourne Trip
Mira Residence, a fully furnished residence by BSG Property, situated in the self-contained township of Permai Village. It comprises 322 residences in twin elegant high-rise towers with 4-tier security. Each unit will come with 4 car parking bays. Now, new buyers can enjoy an exclusive reward of a 6D4N trip ... Read More
Most developers harbour pessimistic sales outlook
Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula ... Read More
E&O targets to launch STP 2A in early 2019
Eastern & Oriental Bhd expects a strong financial performance this year from the ongoing sale of its properties and the planned disposal of several major non-core assets. The property developer has RM840.6mil in unbilled sales, which will be recognised progressively over the next two years. It has also identified seven ... Read More
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