The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.

Seri Pajam Development Sdn Bhd’s Nusa 15 1-storey terraced houses has been 60% taken up within a few days of its launch, said director Tey Soo Leng.

Fund confirms purchase but denies properties to be new site for wholesale market.

Gabungan AQRS said the land holds a 99-year lease expiring in 2112 under the “building” land use category.

The scheme is open to those with a household income of below RM10,000, seeking to buy houses priced at RM500,000 or less.

Property consultancy CH Williams Talhar and Wong Sdn Bhd (WTW) has received a number of enquiries from local and foreign buyers – including investment funds and developers – to bid for the 7.35-acre Desa Kudalari condominium land for redevelopment purposes, said deputy managing director Danny Yeo.

IJM Land Bhd is allowing buyers of homes in selected schemes to pay nothing for up to 12 months upon vacant possession, as well as a zero-interest instalment scheme for up to 36 months under its Free Stay @ No Pay campaign, the group announced in a press release today.

Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.1 billion.

The Yeangs Sdn Bhd has introduced its 20-unit Y Cantonments four-storey town villas development for retirees and bigger families who are looking for properties on Penang island, with selling prices from RM2.28 million.

The PTMP, which involves a 20km link connecting Gurney Drive and Bayan Lepas, besides a light-rail transit system between Komtar and Bayan Lepas, is at the detailed environmental impact assessment stage.