THE PHNOM PENH POST. 4TH MAY: A new framework to address concerns over the sharp increase in construction costs contributed by the Ukraine conflict will be drawn up by Malaysia’s National Affordable Housing Council. Prime Minister Ismail Sabri Yaakob said the government was determined to find a solution to the issue that was affecting home […]
EDGEPROP. 4TH MAY: British pop star Robbie Williams and wife, Ayda Field, are no strangers when it comes to the real estate industry. Apart from his music, Williams and his wife invested about US$300 million (RM1.268 billion) purchasing some of the most glamorous properties. Their recent purchase is the Faring Estate located in Holmby Hill, […]
EDGEPROP. 5TH MAY: Set to be soft-launched in May, Jernih Residence @ Kajang in Selangor is a joint development between Sunway Bhd and MKH Bhd. The joint venture company is called Daksina Harta Sdn Bhd. According to Sunway central region property development division executive director Chong Sau Min, the project’s name was inspired by its […]
THE EDGE MARKETS. 4TH MAY: PR1MA Corporation Malaysia, the agency responsible for developing affordable housing projects in the country, is seeking a strategic investment from the Qatar Investment Authority (QIA). On March 29, Bernama reported that Prime Minister Datuk Seri Ismail Sabri Yaakob said PR1MA had put forward a strategic investment proposal worth RM8.1 billion […]
PENANG PROPERTY TALK. 4TH MAY: Skim Saraan Bercagar (SSB) by Cagamas is a type of loan for retired homeowners. Through a reverse mortgage, you can generate cash during retirement without sacrificing homeownership. This allows you to continue staying in your family home without repayment during your lifetime. Retired homeowners can use the monthly payout amount […]
NEW STRAITS TIMES. 25TH APRIL: Jayyid Land Sdn Bhd has received RM136 million in financing from HSBC Amanah Malaysia Bhd for Phase One of the J.Satine project in Setapak, Kuala Lumpur. This is the banking group’s first social financing in Malaysia, as well as its first SLP-based financing in Southeast Asia for the real estate […]
PROPERTY GURU. 25TH APRIL: 19th April – 25th April Suraya Ismail, Research Director at Khazanah Research Institute believes that a review of financing schemes to make homes more affordable for low-income earners would not be a “smart” thing to do. The Johor State Housing Development Corporation (PKPJ) will be taking a leaf from Singapore’s Housing Development Board (HDB) […]
THE STAR. 25TH APRIL: Asking prices for houses in Britain surged again in April but momentum in the housing market should slow as consumers are hit increasingly by the growing cost of living crisis, a survey showed on Monday. Property search website Rightmove said asking prices rose by 1.6% this month, slowing slightly from a […]
SINGAPORE BUSINESS. 25TH APRIL: The expected increases are on the back of faster inflation growth. Mortgage rates in Singapore are expected to increase by a “few times,” in 2022 amidst faster inflation growth globally, property expert, OrangeTee, said. Singapore’s domestic interest rates are highly influenced by global market movements, according to OrangeTee. and given that the […]
FREE MALAYSIA TODAY. 25TH APRIL: If figures released by the Employees’ Provident Fund (EPF) last week do not worry our politicians, especially those who have been pushing for the special withdrawals, we are in serious trouble. Millions of EPF members now have a shrivelled Account 1 containing retirement savings, and next to nothing left in […]