When the government decided to impose the 5% real property gains tax (RPGT), the move did not go down well with house buyers, long-time property owners, some developers and those promoting Malaysian real estate overseas. Industry players were stunned when the RPGT was announced during the unveiling of Budget 2010 on Oct 23.
Fancy owning a house which will be featured in a Hollywood movie? Doug Liman, director of blockbusters such as The Bourne Identity, Mr & Mrs Smith and Jumper, recently shot a scene for his upcoming film, titled Fair Game, in one of the bungalows at Country Heights Damansara,in Petaling Jaya, Selangor.
We want to establish ourselves as one of Malaysia’s top 10 developers in three years,” announces Yeoh Soo Ann, group CEO of Encorp Bhd. That’s a bold statement, considering the young age of the company’s property development arm.
Terrific and very elegant, an idea that has not been seen before…” — these were how the judges of the European Corus Student Design Awards 2009 described the design of a sustainable urban village by Romulus Sim of Kuching, Sarawak.Sim, 23, a final-year architectural student at the Manchester Metropolitan University (MMU) in UK, beat off strong competition from students across Europe to scoop th
Small is beautiful” seems to be the new mantra for the property sector. Until the property crash in 2008, brought on by the collapse of Lehman Brothers, luxury apartments with sky garages and yacht berths as well as multimillion-dollar penthouses of 10,000 sq ft were in fashion.
Every home needs a statement piece that speaks of the owners’ appreciation for good design and excellent craftsmanship.
Not spared the effects of the global financial crisis and economic slowdown, the upmarket segment of the housing property market has seen a return of buying interest of late.
Competitive home loan rates, along with innovative schemes by developers to make home ownership easier means there’s no better time than the present to buy a property.
With its emphasis on quality materials and workmanship, the team at Delta Elegance is confident of winning over discerning buyers“High-end materials and high quality workmanship” is a phrase that Delta Elegance Sdn Bhd director CS Yu repeats often as he points to the features and finishes at the Bayu Kemensah show unit at the project site in Kemensah Heights, Ampang.
When IJM Land embarked on its maiden property development in the KLCC address, it chose to differentiate itself from the restWhile IJM Land Bhd is no newcomer to the property development scene, the developer did recognise that in order to be successful in the competitive Kuala Lumpur City Centre (KLCC) address, it had to offer something different.