EPF buys 40% of DUKE concessionaire
KUALA LUMPUR (Sept 22): The Employees Provident Fund (EPF) is acquiring a 40% stake in the concessionaire of the Duta-Ulu Klang Expressway (DUKE) for RM1.
SPB to launch Aira Residence next month
THE mature neighbourhood of Damansara Heights will soon have a new member — Aira Residence by Selangor Properties Bhd (SPB).
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.
Aset Kayamas to unveil The Havre in Bukit Jalil
BUKIT Jalil in Kuala Lumpur is a property hot spot.
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.
S P Setia’s double-storey terraced homes in Johor record 80% take-up rate
JOHOR BAHRU (Sept 15): S P Setia’s double-storey terraced homes dubbed Visca and Villosa in the established Bukit Indah township recorded an 80% overall take-up during its recent launch.
Eco World CEO hopes to see more measures to help first-time homebuyers
KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.
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).
Properties priced from RM500,001 to RM700,000 faced the most loan rejections in 1H2016
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.
