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Too much of some, too little of others
BY THEAN LEE CHENGParing high growth: Referring to the Malaysian House Price Index which includes all types of residentials, Napic director Khuzaimah Abdullah says double-digit growth – seen in 2011 until 2013 – are not sustainable.House prices continue to rise but at a slow pace as affordable...
Hua Yang’s property bet
BY P. ARUNAStrategic location: Magna Prima’s prized asset is the 2.62 acres that used to house Lai Meng School along Jalan Ampang.Will developer get to develop Magna Prima’s prized KL land now that it has become the single-largest shareholder?ON paper, the emergence of property developer Hua...
Majority of Malaysians want to own a home in next 6 months
BY EUGENE MAHALINGAMHowever, stringent lending rules continue to be a major deterrent, Real Estate and Housing Association(Rehda) president Datuk Seri F D Iskandar(inset filepic) said. In a poll of 1,655 respondents, he said 56% were looking to own a home within the next six months, primarily...
Credit Suisse views IWC as long-term proxy for land appreciation
The investment bank said in a report that with the completion of the land parcels, the property developer will have a landbank of 6,800 acres, the bulk of which will be waterfront land facing Singapore, as well as the 500-acre Bandar Malaysia stake in Kuala Lumpur.PETALING JAYA: Buy Iskandar...
The do’s and don’ts of selling a home
BY CATHY HOBBSA penthouse staged and ready for the sell. (Handout/TNS)When it comes time to prepare a home for sale, there are a number of quick and affordable fixes that can help seal the deal, while some so-called improvements may sink a sale. When it’s time to put your home on the market,...
Running out of space to keep your kitchen utensils?
BY CINDY DAMPIERKitchen overflowing? Try modern take on Julia Child-style pegboardGreat storage solutions are born in one of two ways: in a frantic effort to make sense of an ever-expanding universe of things, or as a surrender to the knowledge that space is, in the end, limited.In the case of most...
Hua Yang’s bigger stake in Magna Prima extends its Klang Valley reach
PETALING JAYA: Hua Yang Bhd’s acquisition of an additional 20.12% stake in Magna Prima Bhd would allow the mid-sized property developer to extend its reach in the Klang Valley by tapping into the potential of Magna Prima’s strategic land bank, say analysts.Kenaga Research said it is mildly...
Jack Nicklaus to design a CGH golf course in Johor
PETALING JAYA: Golf legend Jack Nicklaus will be designing one of three Country Garden Holdings Co Ltd’s (CGH) golf courses to be built in Johor, even as Chinese capital controls rattle liquidity outflows.His company, Nicklaus Design, has developed hundreds of courses across more than 35...
City parks need to be central
BY JADE CHANGreen heart: KLCC Park is an example of a little oasis in the middle of the city. It is a space where city folk can relax, enjoy some recreation and even derive inspiration. It is also centrally located and serves as a connector to other places in the surrounding area. — FAIHAN...
MACC to make recommendations on improving Johor housing system
BY MOHD FARHAAN SHAHISKANDAR PUTERI: The Malaysian Anti-Corruption Commission (MACC) will make several recommendations to the Johor government in relation to the state's housing system.Chief commissioner Datuk Dzulkifli Ahmad said this was to prevent land scandals from happening again.He added that...