Chinese developers’ ability to service debt the weakest in three years, says report
“The biggest alarm is the refinancing pressure. Although developers try to hoard cash, their buffers are draining.”
“The biggest alarm is the refinancing pressure. Although developers try to hoard cash, their buffers are draining.”
It was reported yesterday that AsiaMalls also found a buyer for the SStwo Mall in Petaling Jaya.
Good healthcare services, superb access to commercial malls and the low cost of living are the strength of Malaysia in attracting foreign property investors.
Stating that he is confident that Malaysia's economy will recover, he said Singapore had agreed to the suspension of the project, but the termination penalty still applies in the event of the project's cancellation.
If you can't make it up to the temple site to enjoy the new look, here is EdgeProp.my's selection of photos for you to enjoy.
As of Sept 1, all offenders caught by AES cameras would be issued with an RM300 fine and also have their demerit points deducted. The ministry is studying the option of giving road tax discounts to disciplined drivers, and in talks for insurance discounts for those without traffic offences as well.
There are 29 cameras to record speeding offences, while 16 would capture instances of motorists running the red light.
'All we are asking is for a meeting with the developer. We are not asking for a fair compensation. We are all old and some have died.'
The group had successfully achieved RM1.1 billion new sales as of August 2018, which accounted for 64% of its sales target of RM1.8 billion set for this year.
“The full list has already been uploaded, but we need to make amendments... After getting the views and requests of the people ... we will make another round of amendments and I hope the people will be patient.”