News by EdgeProp

What used to cost 80 sen per hour has now been hiked to RM2 for the first hour and RM3 for the second and subsequent hours.

THE debut project of a Malaysian developer has been a hit with international travellers. The Koharu Resort Hotel & Suites has been awarded the coveted Certificate of Excellence by TripAdvisor.

The group currently has two ongoing developments with the Singaporean developer, namely Sophia Hills on Mount Sophia, District 9, and Royal Square at Novena.

"We are working towards signing the MoU on July 19, 2016. We are still in the process of confirming the details," a spokesperson from Singapore's Ministry of Transport was quoted as saying.

It will be located on Beach Road (bordering the Central Business District) and close to the Marina Bay entertainment and business districts.   

Only 2,000 borrowers took advantage of the scheme from BSN since it was launched last July.

Bank Negara Malaysia's cutting of the overnight policy rate (OPR) from 3.25% to 3% yesterday can boost the people’s consuming power, especially for property, Bernama reported Datuk Tan Hong Lai, Green Target Group managing director and CEO saying today.

The city has been sort of underrated over the years as a tourist spot in Malaysia, with the Pearl of the Orient, Penang; and historical Melaka hogging the limelight in the peninsula and Land Below the Wind, Sarawak across the South China Sea drawing in visitors.

Hotels are so last year. So much better to get into the culture of a country by living in one of the people’s homes. But what happens when the same people get all worked up by your presence?   

The province’s “action plan” to meet this goal include “easing restrictions on residents buying properties in other cities, encouraging migrant workers to buy urban homes, and reducing land supply in cities that face mounting inventories”.