WITH the demand for property slipping, competition among property developers chasing a shrinking market has become stiffer. Companies such as IOI Properties Bhd and Mah Sing Group Bhd are getting more innovative and holding out big carrots to prospective buyers. IOI Properties, for example, has a buy now, pay later scheme. Under the scheme, if…
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As we enter the year of the Fire Monkey in 2016, it’s a good idea to be aware of the challenges ahead and take advantage of any opportunities that will be ripe for the pickings! BY CAITLYN NG LI YUIN liyuin@ocision.com A quote by Lorne Michaels goes, “People go to the zoo and they like the lion…
Read MoreHIGH property prices have been an issue, especially for first-time homebuyers, for a while now. In fact, research houses and think tanks, including Khazanah Research Institute and the US-based Demographia, have described property prices in Malaysia as unaffordable. Recognising the seriousness of the issue, various programmes have been implemented by the federal and state governments….
Read MoreHOUSES are more than just shelters for most people. Homebuyers now expect so much more, such as a nice façade, a pleasant environment and facilities that can enhance their quality of life. In fact, lifestyle developments are becoming the norm in Malaysia’s highly competitive residential market. Ewein Zenith Sdn Bhd deputy chairman Datuk Ewe Swee…
Read MoreTHE public has been reminded to only use the services of registered real estate agents and brokers to avoid becoming victims of fraud. The Board of Valuers Appraisers and Estate Agents (BOVAEA) has discovered the presence of online portals and web applications marketing properties. BOVAEA president and Valuation and Property Services director-general Faizan Abdul Rahman…
Read MoreKUALA LUMPUR (Jan 22): Lifestyle property developer Eastern & Oriental Bhd (E&O) has formally signed a RM1.078 billion contract with China Communications Construction Co (M) Sdn Bhd (CCCC (M)) for the latter to undertake reclamation works for the Seri Tanjung Pinang Phase 2 (STP2) project in Penang. Following this, mobilisation of works for STP2 is…
Read MoreGEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive…
Read More(From left to right): Building Management Association of Malaysia (BMAM) deputy president Tan Sri Dato’ Ir. Teo Chiang Kok; REHDA Malaysia president Datuk Seri Fateh Iskandar bin Tan Sri Dato’ Mohamed Mansor; Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan; BMAM president Tan Sri Datuk Eddy Chen Lok Loi; BMAM seminar…
Read MoreStarProperty.my had recently conducted a survey to measure house buyers’ sentiment on the national economy and the property market for the years 2015/2016. House buyers’ sentiment on the present and future state of the national economy and the national property market, as well as the present and future impact on house buyers’ cost of living…
Read MoreGEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state’s prior approval. Chief Minister Lim Guan Eng (pictured) said this in relation to 1MDB president and group chief executive officer Arul Kanda Kandasamy’s recent admission that the 234…
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