On the property sector’s outlook — Is the worst over?
"If people find developers who are desperate to ease their cash flow lowering their property prices, please grab it."
"If people find developers who are desperate to ease their cash flow lowering their property prices, please grab it."
The two launches are Phase 2 of Caspia at M Residence 2 in Rawang and Cerrado Residential Suites Tower C and Tower D in Southville City@KL South.
The Lions Club of KL North is organising its inaugural Cycle for Sight 2016, sponsored by S P Setia Bhd, to raise funds for the less fortunate as well as to set up its own Sight Fund.
Eco World International Bhd’s (EWI) projects in UK have performed well despite concerns over the impact of Brexit on residential property demand in London, said its president and chief executive officer Datuk Teow Leong Seng.
Eco World Development Group Bhd (EW Bhd) has entered into a strategic partnership with GuocoLand Ltd, a member of Hong Leong Group, for Eco World International Bhd’s (EWI) upcoming initial public offering (IPO) on Bursa Malaysia Securities Bhd.
The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.
“Efforts to bring housing prices down should be done collectively with all stakeholders involved including the government, local authorities, financial institutions, contractors as well as the public,” said Real Estate and Housing Developers' Association Malaysia deputy president Datuk Soam Heng Choon.
Located along Persiaran Tropicana in Petaling Jaya, Lumi Tropicana comprises four towers with 744 serviced residences and 62 small office/home office units. The development has a gross development value of RM886 million.
Shawn Ong doesn’t see how Penang homeowners will benefit from Budget 2017, seeing that the state government has already introduced affordable home programmes a few years ago.