In Depth

Are borrowers still at the losing end of loan agreements?

The central bank, in its 2018 Financial Stability and Payment Systems report, demanded banking institutions to revise these unfair T&C and improve clarity through the use of plain language, for both new and existing housing loans and financing contracts, by end 2019.

Homeowners - be educated and be aware

The mismanaging, misuse and abuse of sinking funds is not something new. The Commissioner of Buildings (COB) is currently investigating several cases of abuse of funds although the details cannot be revealed as of now.

Expanding the horizon

The success of M.Carnegie paved the way for Matrix Concepts to expand its development footprint in Melbourne with a new offering in Greenvale. An upcoming suburb in Northern Melbourne, the picturesque Greenvale is lo­cated 25km north of Melbourne CBD and lies within close proximity to Melbourne Airport.
 

Bringing the heat to Klang Valley

Touted as “a different kind of dwelling”, the RM319.8 mil­lion Chambers is a high-end serviced condominium which promises to be the star of its neighbourhood. Its location marries the best of two worlds – tucked away from the hustle and bustle of the city centre and its attendant traffic woes, yet within reach of Kuala Lumpur’s prime amenities, shopping malls and popular attractions.

An Urban Sanctuary

Sited on freehold land measuring 901 acres, Bandar Seri Impian enjoys excellent connectivity and is easily ac­cessible via the North-South Expressway, the newly up­graded Jalan Kota Tinggi-Kluang and, eventually, through the proposed Gemas-Segamat-Kluang-Pasir Gudang Ex­pressway which will feature a dedicated interchange at Bandar Seri Impian.

Building brand recognition

Current­ly home to a population of about 40,000, the award-winning Bandar Sri Sendayan township, which is now 60% completed, is projected to have approximately 100,000 residents upon its com­pletion.

Passing of an iconic nation builder

Teo's contribution to the nation has also caught the attention of the Housing and Local Government Minister Datuk Hajah Zuraida Kamaruddin, who describes him as an exemplary and responsible developer who did not hesitate to contribute back to society.