(From left to right) UEM Sunrise chief development officer Mardiana Tukiran, chief marketing officer Kenny Wong, and COO Liong Kok Kit at the Kiara Bay sales gallery in Kepong. PETALING JAYA: Property developer UEM Sunrise Bhd is set to introduce Residensi ZIG, the second phase of its Kiara Bay township, on Sept 16 in tandem…
Read MoreIn the first half of 2023, 11,092 landed residential homes were launched alongside 5,453 high-rise units, says the National Property Information Centre. PETALING JAYA: Residential property launches in the first half of 2023 plunged 50.2% to just over 16,000 units from 33,205 units in H1 2022, said the National Property Information Centre (Napic). Compared to…
Read More(From left) Lim, Ong, Ng and Wong at the launch of RHB MyHome. KUALA LUMPUR: OSK Property has announced its partnership with RHB Banking Group for its new home financing initiative, RHB MyHome app, aimed at facilitating the home loan application process for its customers. In recent months, developers reported tightening bank loans as an…
Read MoreKUALA LUMPUR (Sept 13): JL99 Group is planning to launch its latest high-rise residential development named 99 Legend this month. The project is the second phase of the developer’s 17-acre JL Legacity development on Jalan Kuching, Kuala Lumpur. With a gross development value (GDV) of over RM700 million, 99 Legend will offer a total of…
Read MoreKUALA LUMPUR (Sept 14): OSK Property — the property arm of OSK Holdings Bhd — has announced its partnership with RHB Banking Group on Wednesday (Sept 13) to enable its customers to track the progress of their home loan applications and check their home financing eligibility via the RHB MyHome App — a home loan…
Read MoreKUALA LUMPUR (Sept 14): Taking the same stance as most economist, BMI, a Fitch Solutions company, expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) on hold at 3% for the rest of the year and through the end of 2024. The projection was driven by the ease of headline inflation year…
Read MoreKUALA LUMPUR (Sept 13): Bon Estates celebrated “a night of gratitude and camaraderie” with homeowners at their flagship project, The Estate South Bangsar, on Saturday (Sept 9). The evening’s programme included “a spectacle of entertainment, featuring mesmerising light shows and a spectacular pyrotechnic display. Homeowners were treated to a sumptuous spread of canapés and a…
Read MoreKUALA LUMPUR (Sept 13): Tropicana Corp Bhd is rolling out a 362-acre (146.50-hectare) new township development called Tropicana Alam in Puncak Alam, Selangor. It is also the group’s maiden launch in the area. According to a press statement issued on Monday, Tropicana Alam has an estimated gross development value of RM700 million. The developer is…
Read MoreKUALA LUMPUR (Sept 11): The Malaysian government intends to improve access to housing by shifting its priority towards affordable and accessible rental over ownership under the 12th Malaysia Plan (12MP) Mid-Term Review (MTR). At the same time, it seeks to enhance rent-to-own housing programmes to provide better access to home ownership financing, as well as…
Read MoreKUALA LUMPUR (Sept 12): UEM Sunrise Bhd is disposing of a 4.01-acre parcel of land in Kiara Bay, Kuala Lumpur for RM85 million to repay its debt obligations and fund its working capital for new product launches. UEM Sunrise’s indirect unit Mega Legacy (M) Sdn Bhd (MLSB) is selling the land to Pembinaan Kery Sdn…
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