News Feed
Rebates and freebies – Time to stop this nonsense
THE biggest "open secret" when buying properties from developer is that developers offer various freebies and rebates. The rebate given by the developer comes in the form of a deduction against the 10% down payment that the housebuyer is required to make. This rebate fluctuates between 3%...
Dataran Larkin commercial hub profiting from its strategic location
BY KATHLEEN ANN KILIGoh (left) and sales manager Andrew Pui showing a model of the Dataran Larkin II commercial hub, which is slated for completion by the first quarter of next year.JOHOR BARU: Strategically located in the midst of mature townships, the Dataran Larkin commercial hub has recorded...
Strong take-up rates to boost EcoWorld’s prospects, says Maybank Research
Eco World recently unveiled its Eco Sanctuary in Selangor to the mediaKUALA LUMPUR: In spite of a challenging property market, EcoWorld Development Bhd’s new launches have seen solid take-up rates and will likely help it achieve its RM3 bil sales target for its latest full financial year, says...
Banks: Eligible first time home buyers will get financing
Association of Banks in Malaysia says first time home buyers must recognise the need to make sound decisions of their own affordability based on their financial circumstances.KUALA LUMPUR: The Association of Banks in Malaysia (ABM) says first time home buyers who are eligible will continue to be...
TH Properties JV developing RM1.55b apartment project in Sydney
KUALA LUMPUR: TH Properties Sdn Bhd and its Australian joint venture partner, Piety Group, is developing the A$500 million (RM1.55 billion) ONE The Waterfront, a residential development project at Wentworth Point, about 13km from the Sydney Central Business District.ONE The Waterfront is one of...
Developer’s new project draws crowd
BY EMILY K.The green and guarded community features homes with 195sq m built-up area and ample parking space for two cars. — M. AZHAR ARIF/The StarDEVELOPER IOI Properties Group’s new double-storey terrace houses – Avira at Bandar Puteri Warisan – attracted more than 300 excited visitors...
Developer to build alternative access routes to PJU10
BY SHEILA SRI PRIYA and ERIK NGTHE Petaling Jaya City Council has given project approvals to three developers in Damansara Damai, PJU10, with the condition they complete the promised access routes before their project are completed.The developers will bear the costs for the RM16mil access...
New housing category welcomed
Property Development, Construction and Management Committee members will consider participation in the recently introduced RM150,000 affordable housing category if incentives are given to the developers.Its convenor Datuk Finn Choong said the committee welcomed the move by the state government to...
UEM Sunrise finds success in Australia, Aurora units fully sold
BY JOY LEECheah: ‘We were a bit bold at that time because we just finished the Singapore sites and when we came here and saw the underground station, we thought it was a golden opportunityMELBOURNE: UEM Sunrise Bhd is glad it has taken the opportunity to venture into Australia.The purchase of...
Kota Melawati rest house to be torn down
BY EDWARD RAJENDRAThe StarMetro report on Kota Melawati on Nov 2.THE Kuala Selangor District Office has decided to demolish the former rest house in Kota Melawati where the building has been declared unsafe and abandoned for close to four years.District officer Shamsul Sharil Badliza Mohd Noor...