KELANA JAYA: The most crucial factor in securing a housing loan with the desired financing margin is to have a high debt service ratio, according to Malayan Banking Bhd (Maybank) head of consumer finance Abdul Razak Mohd Nordin.
SINGAPORE (April 20): Guocoland saw 3Q earnings more than double to S$29.
KELANA JAYA (April 20): Property developers need to take a relook at their marketing strategies to target the Malay consumers better, said seasoned property investor Ahyat Ishak.
KUALA LUMPUR (April 20): OSK Holdings Bhd announced a number of changes to its board of directors yesterday, chief among them is the redesignation of Ong Ju Yan as managing director (MD) of the group, and his brother Ju Xing as deputy MD, with immediate effect.
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.
KELANA JAYA (April 19): Homebuyers need to be more realistic when it comes to choosing a preferred location for their potential homes, said the Real Estate Housing Developers’ Association Malaysia (Rehda).
KUALA LUMPUR (April 19): ML Global Bhd, which is planning to diversify into property development and investment, says it is in the midst of exploratory talks to buy more lands and to undertake more joint ventures to develop small to medium scale projects.
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