Bank Negara Malaysia (BNM) had on 3 November imposed with immediate effect the maximum loan-to-value (LTV) ratio of 70% for the third house financing facility taken by a borrower as it seeks to curb “excessive investment and speculative activity in the residential property market”. The measure aims to support a stable and sustainable property market, and promote the continued affordability of homes for the general public as BNM had observed that specific locations, particularly in and around urban centers, have experienced faster growth in the number of transactions, in house prices as well as an increase in financing provided for multiple purchases by a single borrower.More
Inspired by nature, the Borneo Convention Centre Kuching stood proud as the sole Malaysian flag bearer at the MIPIM Awards 2010 in Hong Kong recently. This flagship convention centre of the state of Sarawak in East Malaysia is located just 8km away from the Kuching city center and overlooking the majestic Sarawak River in the Kuching Isthmus. BCCK commands an astounding 387,500 sq ft of space, housing up to 5,000 people in theatre-style meeting rooms and 2,000 people for banquets.More
Lights dazzled the sky with a splash of fireworks. However, shining even brighter than the fireworks or stars that night was the illumination of the South Quay Princess.More
It’s like living in the serene and breezy tropics atop a hill.
atch breathtaking views on Jade Hills from the exclusive home resort styled Mon’t Jade. Freehold and low in density, this prestigious hilltop development is known for its pristine hills and rolling greens.
The collection of choice bungalows and semi-detached units within the gated and guarded Mon’t Jade caters to the diverse needs of different buyers offering different concepts and various sizes.More
Yes, a beach high up there!
Verve Suites at Mont ‘ Kiara, Kuala Lumpur , offers a fancy new approach to contemporary living for the trend-setting and flashy professional. Featuring innovative living concepts, this is the first project in Mont ‘ Kiara that offers unique sky-recreational concepts in all of its four condo towers.More
Award winning Mulpha International’s latest completed resort homes
If you live around the Klang Valley area you’ll notice one thing common throughout the designated residential areas, mainly a repetitious mass of concrete blocks jutting out sporadically or rows upon rows of semi-detached housing units cramped next to each other. Sure, you also have the labeled ‘exclusive areas’ where beautiful squares of bungalow lots over lots proudly lay.More
As of the second quarter ended 30 June 2010, the future of Hektar Asset Management Sdn Bhd (Hektar) sturdily sets itself on optimistic shoulders as Hektar Real Estate Investment Trust (Hektar REIT) verified a 3.2% (net income RM9.1 million or 2.85 sen per unit) increase and as the Dividend per unit (DPU) rose 4.2% (or 2.50 sen) over theMore
World’s top provider for green building solutions Carrier Corporation recently added another high-end project under its wings – the new 36-storey Glomac Tower. The uniquely-celebrated WebSTRL® technology that enables systems monitoring from anywhere in world through aMore
Green Numbers and Cents What are the costs involved in Solar Photovoltaic(PV) Systems? The Solar PV System in Malaysia costs around RM18 per Wp (Watt-peak) or kWp. Wp is the most commonly used measure for Solar PVMore
Thinking smart was the way to head into 2010, no different will it be for 2011.
For the people at SMART International Property Expo, smart is the only way to go. As one of the longest and most sought after property investment showcase in Asia, 2010 presented a fresh and new canvas to paint with colorful events. We spoke to Hoi Cheung, Founder and Director of Corporate Consumer Communications Ltd (3:C) to find out more for the coming year.More
The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) held a press conference on 16 December 2010 at the Istana Hotel, Kuala Lumpur to officially announce PEPS’ 4th Malaysian Property Summit that will be held on the 18 January 2011 at the Sime Darby Convention Centre inMore