Avaland’s green homebuyers to enjoy lower interest rates from Alliance Bank
Buyers of Avaland Bhd's green-certified properties will be able to enjoy lower interest rates following the signing of a memorandum of understanding (MOU) with Alliance Bank today.
Reader’s Response: Navigating discrepancies between expectation and reality in my new home
The real estate industry must recognise that building trust requires adherence to promised features. Honesty during advertising, consistent communication during construction, and stringent quality checks can serve as remedies to this situation.
High time for Act to regulate urban regeneration efforts — REHDA
The Real Estate and Housing Developers’ Association (REHDA) Malaysia welcomes the proposal by Minister of Local Government Development (KPKT), Nga Kor Ming to introduce an Act to oversee urban regeneration efforts in the country.
DONE DEAL: Terrace house, Bandar Kinrara, Selangor
Noteworthy:
- Leasehold
- Built-up size: 3,300 sq ft
- Land size: 1,650 sq ft
- 5 bedrooms, 5 bathrooms
- Semi-furnished
- Nearby amenities: Convenience stores, schools, F&B outlets, Mines Shopping Mall, South City Plaza, Pavilion Bukit Jalil, LRT Awan Besar, LRT Bukit Jalil
- Accessibility: KESAS highway, NPE highway
When: March 2023
EcoWorld ramps up industrial portfolio with acquisition of 403.78 acres in Kulai, Iskandar Malaysia
Eco World Development Group Berhad has entered into a conditional sale and purchase agreement with IOI Prima Property Sdn Bhd to acquire 403.78 acres of land located in Mukim Senai, Daerah Kulai, Negeri Johor for a purchase consideration of RM211.065 million to be settled in cash.
Tropicana unveils SouthPlace 2 in Subang Jaya
Tropicana Metropark has rolled out its SouthPlace 2 Shoppes & Residences at Subang Jaya, an 88-acre master development by Tropicana Corp Bhd, which will also be home to the upscale supermarket Mercato.
S P Setia holds Setia4Malaysia Unity Run in Kota Kinabalu
S P Setia held its second Setia4Malaysia Unity Run this year in Kota Kinabalu, Sabah on Sunday (Sept 3) as part of the Malaysia Day celebrations and to spread the spirit of unity in East Malaysia.
DONE DEAL: Bungalow, Seksyen 3, Desa Putra, Kajang
Noteworthy:
- Freehold
- Built-up size: 5,575 sq ft
- Land size: 4,800 sq ft
- 4 bedrooms, 4 bathrooms
- Semi-furnished
- Nearby amenities: Convenience stores, F&B outlets, IOI City Mall, Alamanda Shopping Centre
- Accessibility: Kajang SILK highway, Kajang-Seremban highway, EKVE highway
When: June 2023
Nga: Urban Renewal Act targeted to be tabled next year
The minister said the Act is crucial to ensure systematic, well-planned and efficient urban renewal developments that will boost Malaysia’s economy.
