News about UN

The measures introduced in Budget 2019 will certainly help to promote home ownership, said Paramount Corp Bhd CEO Jeffrey Chew.

BANGKOK: Forest City developer Country Garden Pacificview Sdn Bhd has been presented with the coveted Global Model of City-Industry Integration Award at the 2018 Sustainable Cities and Human Settlements Awards (SCAHSA) held in Bangkok on Oct 30.

PETALING JAYA (Nov 2): The Securities Commission Malaysia (SC) said the Budget 2019 has identified key priorities to support the transition of the Malaysian economy towards a more balanced, sustainable and inclusive growth.

KUALA LUMPUR (Nov 2): Malayan Banking Bhd (Maybank) sees the property sector as the biggest winner of Budget 2019, with a variety of measures ranging from specific allocations for supply – financing of first-time purchases – of affordable housing, as well as stamp duty exemptions and property crowdfunding to help the industry clear the supply overhang, placing it on a path to sustainable growth.

PETALING JAYA (Nov 2): Property developers have lauded the government’s move to allow the private sector to engage in a new peer-to-peer lending scheme that will allow first-time homebuyers to adopt the “property crowdfunding” model.

PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.

KUALA LUMPUR (Nov 2): Sunway Real Estate Investment Trust’s (Sunway REIT) net property income slipped 0.

PETALING JAYA (Nov 2): For those thinking of embarking on a career of real estate development, two institutions are now joining forces to offer a post-graduate degree course to enhance one’s qualifications.

KUALA LUMPUR (Nov 2): The country cannot have a “one-size-fits-all” affordable housing policy, said the Khazanah Research Institute (KRI) recently.

Maintain buy with a higher target price (TP) of RM1.