“The escalation of the US$ against ringgit Malaysia and the increase of interest rates from 4% to 11% had warranted the company to negotiate a restructuring of the loan with Exim Bank,” Bina Puri said in a filing.
Redevelopment is not a task that the government should out-source to private developers to solve.
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
The campaign offers START members with rewards worth more than RM55,000 when they buy duplex units (starting from RM663,000) and penthouse units (starting from RM998,000) at Mori Residences 2 at Rawang.
The freehold homes, priced from RM420,888, offer built-up areas ranging from 1,010 to 1,138 sq ft.
The URA is envisioned to bring about a wave of urban redevelopment by lowering the bar in buying over strata titles.
Alfa Bangsar, which has a gross development value of RM450 million, offers three components: 178 serviced apartment units with built-ups ranging from 570 to 997 sq ft and selling from RM1.
Besides customised mortgage solutions for their clients, AFFIN Mbassadors will enjoy various privileges, including special pricing on property and car loans, and being featured across AFFIN’s various online platforms to boost brand visibility.
DONE DEAL: Terrace house, Taman Lestari Putra, Seri Kembangan, Selangor DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur The types of properties found in Taman Puncak Jalil are mostly landed, with 85.
The building, which is currently vacant, will serve as the office for Apex Group and its subsidiaries, the company said.
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