New special ‘step-up’ end-financing scheme PR1MA
Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).
Curiosity arises over Selangor Dredging’s land sale in Damansara Heights
LAST week, Selangor Dredging Bhd (SDB) announced to Bursa Malaysia that it has entered into an agreement to sell 16 parcels of land in Damansara Heights to a little-known company, Bukit Selesa Development Sdn Bhd (BSDSB), for RM71 million cash.
First phase of Lumi Tropicana sees 75% take-up
THE first phase of Thriven Global Bhd’s Lumi Tropicana, along Persiaran Tropicana in Petaling Jaya, has achieved a take-up of 75% since its official launch on Oct 15.
Stamp duty exemption should be extended to property purchases up to RM500,000
PETALING JAYA (Oct 24): The Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy secretary general Tan Ching Meng urged the government to extend the zero stamp duty to property transfers worth up to RM500,000 from RM300,000.
MyTOWN still confident of same success as The Curve’s
KUALA LUMPUR (Oct 24): When news broke on Sept 22 that MyTOWN, the newest shopping mall in Cheras, has postponed its opening date to the first quarter of next year from November this year, there was, surprisingly, little surprise in the market.
East Coast Rail Line to benefit construction sector, say analysts
KUALA LUMPUR (Oct 24): Construction analysts see the proposed RM55 billion East Coast Rail Line project as the only excitement in Budget 2017.
Talking points
The Rolls-Royce of picnics Following Rolls-Royce’s outstanding new Bespoke end-of-the-line Phantom models, the design team has created a beautiful British handcrafted Bespoke Picnic Hamper to accompany each new motorcar.
Sunway Velocity set to open Dec 8 with Malaysia’s first AEON MaxValu Prime
PETALING JAYA: Sunway Velocity Mall, KL is set to open this Dec 8.
