News about Ong

We used to mostly see strata projects as high-rise residences but these days, strata landed homes have been introduced as well.

With Malaysia's median household income of RM5,228 in 2016, RM188,208 should be the maximum affordable house price, when utilising Demographia International's Median Multiple (MM) method in which homes are considered affordable only if it is less than three times the household median annual income.

KUALA LUMPUR (Nov 8): The High Commission of the Republic of Singapore in Malaysia said a news article alleging Singapore Prime Minister Lee Hsien Loong is 1Malaysia Development Bhd's (1MDB) key investigation target is fake news and clearly libellous.

KAJANG (Nov 6): Residents in Bandar Sungai Long are having a bad time with a construction site near their homes.

GEORGE TOWN (Nov 5): Extending the housing loan term to 90 years or more may help reduce the overhang of property stocks, but are the children ready to shoulder the burden? The concern was raised by Kebun Bunga assemblyman Jason Ong Khan Lee in response to a proposal by the state government to Bank Negara to introduce generational loans to mitigate the problems on securing financing for first-time homebuyers, reported The Star today.

KUALA LUMPUR (Nov 5): MCA deputy president Datuk Seri Dr Wee Ka Siong (pictured) is now the party’s new president, according to news reports.

SEMENYIH (Nov 4): Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong.

SEMENYIH (Nov 4): Every family deserves a decent shelter over their heads but there are some of them who just can’t afford one, hence, the market needs an inclusive scheme that could bring all the stakeholders together to help those in need to find their ideal home while resolving the problem of market supply mismatch, said The Edge Media Group chairman Datuk Tong Kooi Ong.

PETALING JAYA: There is no shortcut to success, only hard work and commitment, to ensure good quality products that could enhance the company’s reputation, said Matrix Concepts Holdings Bhd managing director Ho Kong Soon.

KUALA LUMPUR (Nov 2): The various housing measures proposed in Budget 2019 will benefit the low-income group, first-time home buyers, government servants and address the current overhang situation of residential properties, said Public Bank Bhd founder and chairman Tan Sri Dr Teh Hong Piow.