Rate hike to have little impact on property market
KUALA LUMPUR: Bank Negara Malaysia's (BNM) recent hike in interest rates may do little to dampen the property market as demand is expected to continue amid rising inflation.
Latest
City&Country: Tudor-style homes in the highlands
A new high-end development was recently launched in Cameron Highlands, one of Malaysia’s favourite holiday destinations, known for its cool weather, fresh fruits and vegetables.
City&Country: Offshore-- Renewed interest in Singapore bungalows
On his iPhone, George Lim has pictures of the gigantic crab he caught while fishing in Gold Coast, Australia on the eve of his return to Singapore recently.
REDHA wants more information on public-private partnership for affordable housing scheme
KUALA LUMPUR: The Real Estate and Housing Developers' Association of Malaysia (REDHA) is keen to obtain more details of the public-private-partnership initiative mooted by Prime Minister Datuk Seri Najib Tun Razak to make available more affordable houses priced below RM220,000.
Affordable housing for younger generation to be launched soon, PM says
KUALA LUMPUR: The government will launch an affordable quality housing programme for houses priced at RM220,000 and below to enable the younger generation to own a house, Prime Minister Datuk Seri Najib Tun Razak said.
Australia new home sales lift in March
CANBERRA: New home sales increased in March, but volumes remained well below the historical average, reports the Housing Industry Association of Australia (HIA).
Melaka’s big draw
KUALA LUMPUR: The property market in the historical city of Melaka, particularly its commercial retail and hospitality sectors, will continue to grow as long as it continues to draw tourists, said real estate consultants.
Its listing as a Unesco World Heritage Site has also boosted its tourism sector, which accounts for 70% of the state’s gross domestic product (GDP).
KLK opens first link homes for sale in Bandar Seri Coalfields
PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) has begun selling the first homes at its new 404ha township Bandar Seri Coalfields in Sungai Buloh.
The freehold township sits opposite its 57.5ha Desa Coalfields freehold township which was launched in 2001.
Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah
KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) is partnering with Tambun Indah Land Bhd (Tambun Indah) to develop a 527-acre land in Seberang Perai.
Mixed reports on holiday weekend sales
BEIJING: Home sales were mixed on the mainland over the May Day weekend, with Shenzhen and Guangzhou recording buying interest after developers offered big discounts, but demand in other cities remained low.
