Buyers find it difficult to get loans for affordable housing, says Jagdeep
GEORGE TOWN (Oct 22): The Penang government has once again urged Putrajaya to address the high rejection rate for loan applications to buy low-cost and affordable homes.
Hua Yang 2Q net profit up 10.4% at RM28.69 mil
KUALA LUMPUR (Oct 21): Hua Yang Bhd's net profit for the second quarter ended Sept 30, 2015 (2QFY16) grew 10.
Luxury hotel development offers Dominican citizenship to outside investors
(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.
Glomac calls on Bank Negara to ease lending rules
KUALA LUMPUR: Bank Negara Malaysia should ease and provide more flexibility for end-financing of property purchases, especially for first-time buyers, said Glomac Bhd group managing director Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).
Edgy art'otel to open at £80 bil Battersea Power Station development
LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.
Student rentals shine in gloomy market
IN the general housing rental market, the student accommodation sector has become increasingly popular with investors, thanks to the rising number of tertiary institutions attracting both local and overseas students.
Budget 2016 should focus on first-time homebuyers, say property players
PETALING JAYA (Oct 16): Property players are hoping that Budget 2016 will make it easier for first-time homebuyers to buy property.
Genting Malaysia to dispose land to Genting Plantations for RM65.76 mil
KUALA LUMPUR (Oct 15): Genting Malaysia Bhd’s (Genting) wholly owned subsidiary Genting Highlands Tours and Promotion Sdn Bhd will dispose two parcels of leasehold land at Jalan Segambut, Kuala Lumpur to a unit of Genting Plantations Bhd for RM65.
Surge of interest in Ecofirst
GEORGE TOWN (Oct 15): Hardly traded Ecofirst Consolidated Bhd sees a sudden surge in interest with trading volume soaring to 39.
PROPERTY SNAPSHOT 3: What are developments priced at in Kajang?
• Based on transactions analysed by theedgeproperty.
