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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 it. The 53-year-old divorcee, who took early retirement years ago, is desperate to move
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 if new measures should be instituted to cool down fast escalating property prices. Lobby
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 instruments have contributed to the current run-up in the housing market. The availability of
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 will only discourage Malaysians from buying houses. National House Buyer’s Association (HBA) and Federation
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 values of those who made it to the ranks (the top 2 are worth
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 move is the Employees Provident Fund (EPF). The pension fund has allocated a war
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. Property analysts said there could be a short-term knee-jerk reaction to Bank Negara’s possible
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 possible measures to curb excessive speculation on property prices while developers caution that it
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 liquidity, cash-rich foreign investors and low interest rates have stoked demand, with prices for
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) -2.3%. The current BLR rate is 6.3%. Some analysts said this comes as a
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