“Lagenda has a proven track record of delivering landed affordable housing with lifestyle facilities and our key projects have recorded take-up rates of above 90%.
Apex said house price-to-income ratio worsened, indicating rising prices and declining incomes.
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.
In a report on Thursday (Aug 17), Inside Asian Gaming magazine cited analysts as saying that the influx of Chinese tourists bodes well for Singapore’s two integrated resorts — Marina Bay Sands and RWS — after each booked strong financial results for the June 2023 quarter.
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Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).
While developers are currently maintaining a neutral view on the business, economic and property industry outlook for the coming year, there is increased optimism anticipated for 1H2024.
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
The mutual termination was due to the inability of SWS Capital Bhd's wholly-owned unit, SWS In Medics Sdn Bhd’s (SIMSB), to fulfill the conditions precedent to obtain a loan from the financier to acquire the properties.
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