EDGEPROP. 22ND JULY: Buying a property is the single biggest financial purchase and commitment that the average rakyat will make in his or her lifetime. Hence, the National House Buyers Association (HBA) can’t emphasize enough that careful thought and planning must be done before taking a housing loan to buy a property. Based on Bank […]
EDGEPROP. 22ND JULY: IJM Land Bhd has formed a partnership with RHB Bank Bhd to bring forth its SWITCH scheme, a buy-back scheme for homebuyers and homeowners. The scheme allows homeowners to return their property to the developer due to involuntary unemployment during the coverage period, which is from the date of the sale and […]
PROPERTY REPORTER. 21ST JULY: With the property market across England and Wales home to both domestic and foreign buyers, newly released research from mortgage broker, Henry Dannell, analysed the makeup of this overseas sector, as well as which nation owns the highest estimated value of bricks and mortar. The firm analysed HMLR data on homes […]
EDGEPROP. 21ST JULY: The Construction Labour Exchange Centre Bhd (CLAB) rarely makes headlines, until the government’s recent decision to allow the entity to fully manage applications of more than 100 foreign construction workers’ entry into the country. CLAB is an organisation established by the Construction Industry Development Board (CIDB) to bring in and redistribute foreign workers […]
THE EDGE MARKETS. 20TH JULY: A Chinese city facing the most boycotts by angry homeowners is setting up a bailout fund to help cash-strapped developers complete housing projects. Henan Asset Management Co and government-backed developer Zhengzhou Real Estate Group will jointly set up a fund for the real estate sector, the provincial asset manager said […]
NEW STRAITS TIMES. 20TH JULY: Is living in a big city peaceful, especially with issues like Covid-19? Some people enjoy the hustle and bustle of big cities, even if it is occasionally disrupted. Others, meanwhile, prefer to live in smaller towns or on the outskirts of large cities as they reconsider living arrangements and desire […]
THE STAR. 20TH JULY: There are more than 35,000 unsold new properties worth a total of RM22.45bil across the country as of the first quarter of this year, the Dewan Rakyat hears. According to the Housing and Local Government Ministry, data by the National Property Information Centre (Napic) showed there were a total of 35,592 […]
THE SUN DAILY. 19TH JULY: The Real Estate and Housing Developers’ Association (Rehda) Malaysia has appointed Datuk NK Tong of Bukit Kiara Properties Sdn Bhd as president for the 2022-2024 term, following the completion of Datuk Soam Heng Choon’s two terms as the head of Rehda. Taking over Tong’s previous post as deputy president is […]
THE EDGE MARKETS. 19TH JULY: It started as an act of protest by fed-up apartment buyers in a single project in a city in central China. Now tens of thousands of people around the country are withholding payments on their mortgages for homes that developers, including China Evergrande Group, have yet to finish. The wildcat […]
EDGEPROP. 20TH JULY: AME Elite Consortium Bhd said AME Real Estate Investment Trust (REIT) has entered into 34 sale and purchase agreements (SPAs) to acquire various properties from the industrial space solutions provider’s subsidiaries, to pave the way for AME REIT’s listing on the Main Market of Bursa Malaysia. AME Elite secured shareholders’ approval for the […]