News about state

iMAZING Realty group director, Gary Lok: It will enhance our brand image to help prospective clients get a sense of what it might be like to work with us in helping them get their dream properties.

Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.

In a note on Wednesday (Jan 4), analyst Loong Kok Wen stated that property valuations had factored the negative impact of interest rate hikes on housing demand, but with the rate hikes frontloaded, the pace of the increase in interest rates is expected to decelerate in 2023.

A lot of the companies are not registered with respective governing bodies while some misuse other designer's portfolio and claim that it belongs to them, while “some make ridiculous offers that are beyond the normal standards of practice”.

This issue of “vacant possession simultaneously with strata titles” has somehow been delayed these last few years since its inception because of some alleged technical problems.

A “sick” project is one that has been delayed by more than 30% compared to its scheduled progress, or one whose sales and purchase agreement (SPA) has lapsed, according to the National Housing Department.

The 100% waiver was announced in July by the previous administration and is valid until Dec 31, 2025.

In 2022, BNM raised the OPR four times at 25bps each, which upped the OPR level from its record low of 1.

Phase one of the project – expected to be completed by December 2025 – includes creating a central platform that unifies urban observatory and digital citizen services platforms; and integrates with IoT and non-IoT components across these city councils.

“If you engage a contractor directly, please do ensure that they are reputable by checking with CIDB (Construction Industry Development Board) to ensure that they are properly licensed and not blacklisted.