News about real estate

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

KUALA LUMPUR (Nov 14): KLCCP Stapled Group’s net profit was almost flat at RM177.

HANOI, VIETNAM (Oct 18): A former Vietnamese lawmaker has been sentenced to life in prison for fraud after she pocketed US$16 million (RM67.

  KUALA LUMPUR (Oct 14): The Malaysian Institute of Estate Agents (MIEA) recognised the luminaries among real estate agents, negotiators and practitioners at its annual MIEA National Real Estate Awards (NREA) tonight.

PETALING JAYA (Oct 9): The Association of Banks in Malaysia (ABM) has refuted allegations that homebuyers are finding it tougher to obtain housing loans and that loan approval times are increasing.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.

Sold for: RM625,000 (RM775 psf) Concluded by: Joseph Lim (REN 20125) of Hartamas Real Estate (OUG) Sdn Bhd (010-225 6293) When: May 2017 Noteworthy: ● Built-up: 807 sq ft ● Mid-level unit facing southwest ● 2-bedroom and 2-bathroom unit ● Leasehold ● Partly furnished with wardrobe, kitchen cabinet, hob and hood, washer and dryer, water heater and air-conditioning units Urbana Residences is one of the newest serviced apartment projects in Ara Damansara, Petaling Jaya.

PETALING JAYA (Sept 28): The Real Estate and Housing Developers’ Association (Rehda) hopes the government will seriously consider three key areas, namely financing, cost of doing business and the GST exemption, said president Datuk Seri FD Iskandar Mohamed Mansor.

PETALING JAYA (Sept 20): The Real Estate and Housing Developers' Association Malaysia (Rehda) recent survey showed that only 31% of respondents had new launches in the first half of the year, representing a 12% drop from 2H16.