KUALA LUMPUR: The income limit of individual borrowers for My First Home Scheme (SRP) will be increased from RM3,000 to RM5,000 per month effective January 2013. This enhancement was one of the SRP’s eligibility criteria slated for improvement under Budget 2013’s announcement last year, Cagamas SRP Bhd said yesterday. For joint borrowers, ... Read More

THE standardised template that all commercial banks in Malaysia have been made to adopt for housing loan agreements will make it easier for customers to understand contract terms and shop around for loans, says the banking association. Chuah Mei Lin, executive director of the Association of Banks in Malaysia (ABM), ... Read More

PROPERTY developer Tambun Indah Land Bhd targets to launch at least five new projects in the first half of this year, with a total gross development value (GDV) of RM252.9 million. All of the projects will be in Penang, where the company has been active in recent years and will continue ... Read More

Aston Heights, a low density 24-hour guarded community in Bukit Mertajam, Penang. With more than 1 acre well landscaped recreational park. This development is strategically located off the main roads but close to the conveniences of the town's commercial and financial center. Aeon shopping mall is just few minutes drive away ... Read More

Value & Worth By Elvin Fernandez IN 2012, Malaysia’s economy continued its steady growth in the order of 5% to 6% a year, a range that it has settled into since the Asian financial crisis of the mid 1990s. The property market is correlated to economic growth. The residential subsector ... Read More

PETALING JAYA: From Jan 1, all commercial banks will be required to adopt standardised documents for housing loans and home financing agreements involving a principal sum of RM500,000 and below. Bank Negara said the move was to enhance borrowers’ understanding of the key terms and conditions of the loan agreements, including ... Read More

Taman Halaman Ria, a gated and guarded development by Airmas Group in Kampung Benggali, Butterworth. Comprises 22 units of 1 1/2-storey town house with two difference types of  layout. Type A Groud Floor - 20' x 49' First Floor - 20' x 24' with 5' Back Land Type B First ... Read More

Baymont Residence,  exclusive bungalows with absolute privacy in a secluded and unspoilt location in Teluk Kumbar, Penang. Nestled within 17 acres of lovely green pasture and surrounded by lush greenery yet close to pristine beaches and the thriving township of Bayan Lepas. Property Project : Baymont Residence Location : Teluk Kumbar, Penang Property Type : Bungalows ... Read More

Botanica 5, the forth residential phase of Botanica.CT garden township at Balik Pulau, Penang. Comprises 32 unit of 2-storey and 31 unit of 3-storey terrace houses. Botanica.CT A 300-acre garden township slated for development over 9 carefully planned residential phases will ultimately be a self-contained and self-sufficient township with its ... Read More

A SEMINAR on the Strata Management Bill 2012 as well as the Strata Titles (Amendment) Act 2012 will be held at Auditorium C and F, Level 5, Komtar, from 10am to 4pm on Jan 13. Komtar assemblyman Ng Wei Aik said many people were unaware of the new bill’s contents, ... Read More