Malaya Acid seeks to sell PJ land for RM300 mil
HONG Kong-based Malaya Acid Works Sdn Bhd is putting a 17.
Cheras KL malls ready to shine
JALAN Cheras, Kuala Lumpur is one of the busiest roads in the country and despite the congestion road users have to face daily, it is still the most convenient and popular route that leads out from the Kuala Lumpur city centre southwards towards Cheras and Kajang.
35-year loan tenure more than enough, says Rehda president
KUALA LUMPUR (Sept 21): In response to requests for an extension in the tenure of housing loans to up to 40 years, the Real Estate and Housing Developers Association (Rehda) said the current 35-year limit is more than enough.
IOI Properties’ Avista 2-storey terraced homes 75% sold over the weekend
PETALING JAYA (Sept 21): IOI Properties Group Bhd sold 75% of its Avista 2-storey terraced houses, located at the developer’s Warisan Puteri township in Kota Warisan, Sepang, Selangor at its launch last weekend.
Poh Huat expands beyond existing bases into Australia
Poh Huat Resources Holdings Bhd (Sept 20, RM1.
6% interest fair rate for developers to charge house buyers, says Noh
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
The heartbeat of Paris
IN the 20th century, it was not unusual for the Seine to catch fire, thanks to the level of industrial pollutants in the river.
UK housebuilders stage rebound amid murky outlook for property market
THE Thameside area of Barnes, with its village atmosphere, attractive period properties, good schools and proximity to central London, was recently named as London’s second-best place to live in The Sunday Times’ Best Places to Live Guide, after Fitzrovia.
UPDATE: Housing Ministry asked to formulate guidelines for developer lending scheme
KUALA LUMPUR (Sept 15): The urban wellbeing, housing and local government ministry has been tasked by the cabinet to formulate a set of guidelines for property developers wishing to use moneylending licences to provide bridging loans to buyers facing constraints in meeting the initial payment.
Rehda: No developer can give you 100% financing. We are not financial institutions.
PETALING JAYA (Sept 14): The proposal for property developers to have money-lending services to homebuyers is to bridge the remaining 10% to 15% end financing gap that financial institutions are not covering, said Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).
