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PETALING JAYA (April 8): It is not every day that you find a home with a sea view, and this privilege often comes at a premium.

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

Property sector Maintain underweight: On Wednesday, Prime Minister Datuk Seri Najib Razak (pictured) announced the launch of the First Home Financing Scheme (MyDeposit) as tabled in Budget 2016.

PETALING JAYA (April 8): Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen.

Sold for: RM3.

WITH the high cost of living in Malaysia, it is not such a bad idea to use public transport, even if you have a car or motorbike.

PETALING JAYA (April 7): The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.

Construction sector Maintain overweight: Domestic contract awards to listed contractors in the first quarter of 2016 (1Q16) came in at a robust RM29.

PETALING JAYA (April 7): Seri Pajam Development Sdn Bhd’s Nusa 15 1-storey terraced houses have been 60% taken up within a few days of their launch, said director Tey Soo Leng.

Eastern & Oriental Bhd (April 6, RM1.