News about ST

IN the 20th century, it was not unusual for the Seine to catch fire, thanks to the level of industrial pollutants in the river.

THE building that houses Universiti Malaya’s new Malaya Graduate School of Business is the product of a successful collaboration between local architecture firm Akitek Reka­bina Sdn Bhd and Rome-based BiCuadro Architects.

SAUNTERING across his office to retrieve his blazer, Datuk Hajeedar Abdul Majid points to photographs of his grandchildren displayed atop a long cabinet and chuckles fondly.

  IT is a quarter past one in the afternoon at Pertubuhan Akitek Malaysia (PAM) Centre at Jalan Tangsi when Datuk Tan Pei Ing walks in.

  THE Edge Malaysia Property Excellence Awards recognise Malaysia’s best developers and outstanding projects throughout the country.

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).

PETALING JAYA (Sept 14): Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016.

URBAN Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.

RAM Rating Services does not expect the property sector to be significantly lifted by the move to allow eligible developers to apply for a moneylender's licence to provide loan facilities to house buyers KUALA LUMPUR (Sept 13): Malaysian homebuilders' accumulation of debts to finance their land purchases over the past few years have left little room for them to undertake the developer financing scheme sanctioned by the Ministry of Urban Wellbeing, Housing, and Local Government, said RAM Rating Services Bhd.

Construction sector Maintain overweight call: We remain “overweight” on the construction sector as news flows on contract awards should sustain the sector’s outperformance.