Learning the ABCs of property jargon
The first act in taking ownership of your property is signing a document known as the sale and purchase agreement — usually shortened to either SPA or S&P.
Ideal Property chairman emerges as substantial shareholder of Tatt Giap
KUALA LUMPUR (Dec 29): Penang property magnate Tan Sri Ooi Kee Liang has emerged as the third-largest shareholder of steelmaker Tatt Giap Group Bhd after acquiring a 7.
TAHPS will be renamed Ayer Holdings
KUALA LUMPUR (Dec 28): TAHPS Group Bhd will be renamed Ayer Holdings Bhd effective 9am on Jan 3, 2018.
DONE DEAL: 2.5-storey bungalow, Damansara Heights, KL
Sold for: RM6 million Concluded by: Shawn Fernandez (E 2445) of Fernstate Sdn Bhd (016-288 1251) When: September 2017 Noteworthy: ● Freehold ● Built-up area of 6,000 sq ft ● Land area of 10,000 sq ft ● 5+1 bedrooms ● 6 bathrooms ● Partly furnished with appliances, curtains, blinds, and air-conditioning units According to the agent who closed the deal, the seller and buyer are Malaysians.
Seven reasons your loan application gets rejected
Feeling stressed out and dejected because the housing loan applications you sent out kept getting rejected? While the banks’ risk profiling and credit lending policies may vary slightly from each other, the real culprit could often be something hidden and easily overlooked.
Market settling into a new normal, says JPPH DG
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
Berjaya Corp posts second straight quarterly loss in 2QFY18
KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.
The top seven highlights of 2017
How has 2017 been for the Malaysian real estate industry? The answer would vary, depending on which side of the spectrum you are on.
Owning their first property by 25
Unless they were as lucky as Justin Bieber (and as talented) or Kendall Jenner (plus the ravishing looks), chances are our fresh graduates are slogging away to tide them through another month of decent meals, phone bill, education loan repayment and probably even car loan instalment.
