Initiative could increase developers’ risk profile
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
IT is a quarter past one in the afternoon at Pertubuhan Akitek Malaysia (PAM) Centre at Jalan Tangsi when Datuk Tan Pei Ing walks in.
JOHOR BAHRU (Sept 15): S P Setia’s double-storey terraced homes dubbed Visca and Villosa in the established Bukit Indah township recorded an 80% overall take-up during its recent launch.
KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.
KUALA LUMPUR (Sept 15): The MRT Sungai Buloh-Kajang (SBK) line will be completed on time with no additional cost to be incurred, Prime Minister Datuk Seri Najib Tun Razak (pictured) said today, Bernama reported.
PETALING JAYA (Sept 15): Sunway Pyramid Hotel West in Bandar Sunway, Petaling Jaya, will have a brand new name, Sunway Clio Hotel, effective Oct 1 this year, according to Sunway Hotels & Resorts — the hospitality division of property-construction conglomerate Sunway Group.
KUALA LUMPUR (Sept 15): The signing of the Trans-Pacific Partnership Agreement (TPPA) could be another catalyst for export-oriented Penang to attract investors’ attention to the Pearl of Orient.
Parkson Holdings Bhd (Sept 14, 81 sen) Maintain underperform with an unchanged target price of 70 sen: Parkson Holdings Bhd’s 54.
THERE is a big elephant in the room and it is Malaysia’s household debt — among the highest in Asia.