News about EC

SEMENYIH (March 11): Eco World Development Group Bhd (EcoWorld) will hand over 612 terraced houses at Cradleton Precinct in Eco Majestic, Semenyih, this April.

SETIA ALAM (March 10): Every country has its own set of challenges but among the main hurdles faced by investors, including Malaysians, when it comes to investing in properties overseas are financing and legal issues.

PETALING JAYA (March 9): UMLand J-Biotech Park Sdn Bhd (UJP), a joint venture between United Malayan Land Bhd (UMLand) and the Johor state government, signed a memorandum of understanding (MoU) with The Cosmetic & Perfumery Association of Hong Kong Ltd and Persatuan Anggun Menawan Malaysia to bring in potential investors from Hong Kong, Macau and China to Johor Halal Park (JHP) in Pasir Gudang, Johor.

KUALA LUMPUR (March 9): Eco World International is optimistic that its sales performance will do just as well, if not better, in FY2017 than the previous year, said Eco World International Bhd (EWI) president and CEO Datuk Teow Leong Seng.

KUALA LUMPUR (March 8): The East Coast Rail Link (ECRL) is capable of boosting gross domestic product (GDP) growth by about 1.

PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).

PETALING JAYA (March 7): Eco World Group Development Bhd (EcoWorld) is providing one-stop industrial and property services to the owners of the second phase of Eco Business Park 1 (EBP 1) in Johor to help them set up their businesses there.

KUALA LUMPUR (March 6): Mah Sing Group Bhd will issue up to RM1 billion worth of perpetual securities or bonds to finance the property developer's land acquisitions and working capital requirement.

KOTA KINABALU (March 6): Titijaya Land Bhd, which is making its debut venture in Sabah via an RM575 million waterfront mixed development in Kota Kinabalu with a Chinese partner, aims to capitalise on tourism and recreational activities in the state to fuel demand for its projects.

IF you are looking for a ready, more secure and less speculative type of property, you would probably look at the secondary market first rather than those that are still under construction offered by housing developers.