Archive for September, 2010

In China, even ‘low-cost’ housing hard for some to afford

September 11th, 2010
Copyright AFP, 2010 | Sep 5, 2010 ——————————————————————————– After months of anxious waiting, Wang Jinxia finally obtained a coveted spot in Shanghai’s trial affordable-housing programme, but now the former factory worker is scrambling to pay for...View Property

Diffuse the property bubble before it is too late

September 9th, 2010
By Making a Point – By Jagdev Singh Sidhu | Sep 9, 2010 THE subject of property prices and financing has gathered momentum ever since news broke that Bank Negara is assessing the situation to determine...View Property

Hot property market still grabbing attention

September 8th, 2010
Wednesday September 8, 2010 BEHIND THE NEWS By ANGIE NG www.thestar.com.my PROPERTY, especially the hot housing market, has become a favourite topic these days. Malaysians are generally quite savvy investors and their penchant for viable investment...View Property

No to 80% mortgage cap on housing

September 6th, 2010
Monday September 6, 2010 By ONG HAN SEAN hansean@thestar.com.my PETALING JAYA: Several groups are up in arms over a proposal to cut housing loans by 10% from the current cap of 90%, saying that the move...View Property

A new class of condos

September 6th, 2010
Saturday September 4, 2010 By TEE LIN SAY linsay@thestar.com.my Luxury units with spectacular views and top quality designs TWO things stand out among the Top 10 freehold condominiums around KLCC – the wide disparity in capital...View Property

Strong ringgit, attractive UK properties lure EPF and other Malaysians

September 4th, 2010
Saturday September 4, 2010www.thestar.com.my By ANGIE NG PETALING JAYA  The ringgit’s strength and generally lower property valuations in the UK are drawing more  Malaysian investors, both retail and institutional, to London and the latest to make the...View Property

Possible mortgage cap on property not a concern

September 3rd, 2010
By TEE LIN SAY | Sept 3, 2010 KUALA LUMPUR: Preemptive measures to curb purchases in certain property segments may yield temporary results as buoyant consumer sentiment and demand for good locations are expected to sustain....View Property

Banks to try and prevent speculation on property prices

September 2nd, 2010
By ANGIE NG and SHARIDAN M. ALI starbiz@thestar.com.my | Sep 2, 2010 Datuk Michael Yam … ‘Bank Negara should not impose a mandatory LVR cap on loans. PETALING JAYA: Bank Negara is engaging with banks on...View Property

Key Asian markets strike early to ward off property bubble

September 2nd, 2010
Copyright AFP, 2010 | Sep 1, 2010 Key Asian economies fearing a US-style housing market bubble are taking fresh measures to curb runaway property prices as the region leads the global rebound from recession. High domestic...View Property

There may be a price war to give out cheaper bank loans

September 1st, 2010
By TEE LIN SAY linsay@thestar.com.my KUALA LUMPUR: There may be a new round of price war among banks for consumer loans, with the new mortgage rate going down to as low as base lending rate (BLR)...View Property