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Hot Air Balloon Carnival @ Setia Fontaines (17 & 18 Nov)
Be the first to discover the new 1,675 acres mega township by S P Setia - Setia Fontaines, from 70ft above ground. Save the date and join the Hot Air Balloon Carnival at Setia Fontaines (Project site) on 17 & 18 November 2018. Event Date: 17 & 18 Nov 2018 ... Read More
Property Crowdfunding Explained – First home buyer
Want to know more about the peer-to-peer home financing scheme announced in Budget 2019? By using FundMyHome scheme as an example, here we have extracted the summaries of key points by Malay Mail below: What is it in a nutshell? Quite simply, FundMyHome allows a person to buy a home ... Read More
Proper studies needed on property crowdfunding
The government has good intentions in introducing the property crowdfunding initiative, the first such financial innovation in the world, but proper studies need to be carried out, said the Council of Eminent Persons chairman Tun Daim Zainuddin. He said the peer-to-peer (P2P) home financing initiative, announced by Finance Minister Lim ... Read More
Runnymede Bay
Runnymede Bay, an upcoming 5-acre seafront development by Runnymede Group in the prime business district of George Town, Penang. It is strategically located along the vibrant Jalan Sultan Ahmad Shah (Northam Road) nestled along Penang's famous Millionaire's Row, just a block away from the E&O Hotel. Designed by Kerry Hill Architect ... Read More
UPCOMING: Kubang Semang / Venice Trend Sdn. Bhd.
Yet another new residential development proposed by Venice Trend Sdn. Bhd. at Kubang Semang, a township near the state border of Penang-Kedah. It is located on a 4.5-acres land near Jalan Mengkuang Keretapi, less than 5km away from the state border. For those who are working at Kulim, it will only ... Read More
Budget 2019: Not enough to kick-start’ subdued property market
The measures announced in Budget 2019 will not be enough to "kick-start" the already subdued property and housing market, said property experts. "The measures for the property sector are too small to affect the market in any way. The market is already subdued, already slow. Overall, I don't think there ... Read More
Own a home with just 20% of the house price
Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong. The innovative and inclusive homeownership scheme developed by ... Read More
Budget 2019: Property crowdfunding platforms for first-time home buyers
The government will allow the setting-up of property crowdfunding platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng yesterday. The first exchange is expected to go live in the first quarter of 2019, after all necessary approvals are obtained ... Read More
Budget 2019: No mention was made for Penang International Airport and LRT
Penang will have to wait a little longer to know whether the state will get federal allocations for its projects. A check on the 2019 Estimated Federal Expenditure of several ministries at www.treasury.gov.my after Finance Minister Lim Guan Eng tabled the budget yesterday shows no mention of specific development funds ... Read More
Budget 2019: What’s in it for housing?
Below are Budget 2019 highlights for housing: 1. RM1.5bil to build and complete affordable homes under the People’s Housing Programme, Civil Servants Housing Project, PR1MA, and Syarikat Perumahan Nasional Bhd. 2. RM1bil fund to be set up by the Central Bank of Malaysia (BNM) for those earning under RM2,300 per ... Read More
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