By THE STAR KUALA LUMPUR: The second mass rapid transit (MRT) line, which circles the Kuala Lumpur city centre (KLCC) orbital and known as the “circle line”, is already in the final planning stage. The details are expected to be announced in March. “Its … [Read more...]
BNM announced 70% loan-to-value (LTV) on the third property
Wed, November 3, 2010 By
Measures in Promoting a Stable and Sustainable Property Market and Sound Financial and Debt Management of Households Bank Negara Malaysia wishes to announce with immediate effect the implementation of a maximum loan-to-value (LTV) ratio of 70%, … [Read more...]
Paramount to expand landbank
Tue, July 20, 2010 By
PROPERTY developer Paramount Corp Bhd (1724) said part of the proceeds from its 20 per cent stake sale in Jerneh Insurance Bhd will be used to buy land in the Klang Valley. "Landbank is an important part of our strategic plan. We just bought 20ha in … [Read more...]
The Solaris
Tue, July 20, 2010 By
Anyone driving along the new Duta-Ulu Klang Expressway (DUKE) toward Desa Sri Hartamas would not miss the massive and imposing looking Solaris Mont’ Kiara development perched on a cliff overlooking a series of crisscrossing highways. (For Google map … [Read more...]
More Malaysians buying properties
Tue, July 20, 2010 By
A iProperty.com consumer trends survey for the first half of this year showed more Malaysians looking to property for investment. The online survey conducted on the iProperty.com Malaysia website, had the participation of 500 respondents and was aimed … [Read more...]
CapitaMalls Asia has RM2b to invest in Malaysia
Tue, July 20, 2010 By
SINGAPORE'S CapitaMalls Asia Ltd (CMA) is looking at investing up to RM2 billion to build and buy malls in Malaysia. Once the asset starts to generate income, it may then be sold to the CapitaMalls Malaysia Trust (CMMT). CMMT, Malaysia's second largest … [Read more...]
