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News Credit To New Straight Times KUALA LUMPUR: Rising construction costs in the real estate and construction sectors will affect new developments and cause a cascade of events, according to industry players. New home prices particularly will be affected if the prices of land, building materials and wages all rise, they said. Rehda Malaysia president Datuk NK Tong said the rising costs ...

Welcome to The Valley Residences, an exceptional integrated development that seamlessly merges community living with urban convenience in the thriving township of Setiawangsa. Situated amidst the natural beauty of Bukit Dinding and Bukit Tabur, with stunning views of Kuala Lumpur city centre, The Valley Residences offers a meticulously designed home that harmoniously blends urban development with ...

Liquidated and ascertained damages (LAD) is a concept that holds significance in the realm of contracts and construction projects in Malaysia. It refers to a pre-determined amount of compensation that is agreed upon by parties involved in a contract, which serves as a remedy for one party's failure to meet specified obligations within the stipulated timeframe. LAD clauses are commonly ...

Introduction: Cheras Hong Soon Development Sdn. Bhd. has been in operation since 1993, making it an established developer with a long-standing presence in the industry. With a team of experienced contractors who have been with the company since its inception, they have consistently delivered impressive results and earned the trust of homebuyers. The developer's impeccable track record and ...

General Description Kajang is a vibrant township located in the Hulu Langat district of Selangor, Malaysia. With a population of approximately 1.05 million people, according to the 2020 census, it is a bustling and rapidly growing area. The township has a rich history, with settlements dating back to the 16th century and significant developments occurring in the 19th century. Kajang has a ...

Kuala Lumpur's skyline will soon be graced by an elegant and sophisticated residential property called One Cochrane Residences. Situated in the highly desirable Kuala Lumpur City Centre, this freehold condominium project offers modern living concepts, excellent connectivity, and a plethora of amenities. Anticipated to be completed in 2023, One Cochrane Residences enjoys a strategic location ...

Welcome to Mahogany Residences, an exclusive residential condominium nestled between Subang Jaya and Petaling Jaya. Developed by Asian Pac Holdings Berhad, this prime property offers a balance of modern city convenience and nature-inspired living in a well-established neighbourhood. With only 281 residential units spread across low-density towers, Mahogany Residences provides a serene and cosy ...

Property investment is like playing a game of Monopoly, but with real money and actual properties instead of colorful fake ones. It's the art of strategically buying and owning properties to make your bank account go cha-ching ! You become the proud owner of houses, apartments, or maybe even a fancy mansion if you hit the jackpot. But remember, it's not just about collecting properties, ...

News Credit To New Straits Time KUALA LUMPUR: MCT Bhd, which has been rebranded as Avaland Bhd, turned around its financial performance and returned to profitability in 2022 thanks to its transformation effort, which started four years earlier. Chairman Tan Sri Abi Musa Asa'ari Mohamed Nor said at the rebranding event on Friday, that this accomplishment, together with the continued ...

General Description Welcome to Kuchai Lama, a vibrant township nestled in the heart of Kuala Lumpur, Malaysia. With its rich history, diverse population, and impressive progress, Kuchai Lama has emerged as a thriving residential and commercial hub, capturing the essence of modern urban living. Originally a small village surrounded by lush greenery, Kuchai Lama has witnessed a remarkable ...

Introduction: Introducing TSLAW Group, a dynamic conglomerate headquartered in Kuala Lumpur, Malaysia. With a diversified portfolio spanning various industries, including steel production, restaurants, property, mining, and investments, TSLAW Group has firmly established itself as a prominent player in the business landscape. Founded by Tan Sri Dato’ David Law Tien Seng, an ...

The Overnight Policy Rate (OPR) is a crucial element in Malaysia's monetary policy framework. Managed by the central bank, Bank Negara Malaysia, the OPR plays a significant role in influencing interest rates and shaping the country's economic landscape. As a property investor, homeowner, or industry observer, understanding the OPR and its impact on the property market is essential. In ...

Perched atop a picturesque 7.8-acre hillside, Miranda Hill presents an exquisite residential development comprising two towers and a total of 552 units. With sizes ranging from 943 sq. ft. to 2,200 sq. ft., this freehold project seamlessly extends the thriving neighborhood of Mont Kiara. Its strategic location ensures convenient connectivity to major roads and highways, solidifying its status as ...

Property refinancing refers to the process of replacing an existing mortgage or loan on a property with a new loan that has different terms and conditions. It typically involves obtaining a new loan from a different lender (bank) or renegotiating the terms with the existing lender. There are several reasons why property refinancing is important: Lower Interest Rates: One of the primary ...

Many of you may be curious about the concept of stamp duty. It is a fee or tax imposed on various legal documents such as loan agreements, tenancy agreements, and property transfer documents, including the Sale and Purchase Agreement (SPA). Understanding stamp duty can be challenging, so here is a helpful guide to explain its significance and implications. Let's delve deeper into this topic ...

Embarking on the journey of purchasing a property under construction in Malaysia can be an exhilarating yet perplexing experience. One aspect that often leaves buyers scratching their heads is the Progressive Payment Schedule. This financial labyrinth is designed to ensure that buyers make payments in stages as the construction progresses.  Picture this: you find your dream property, sign ...

When a house owner receives Vacant Possession (VP), it marks a significant milestone in the completion of a construction project or the transfer of ownership in a subsale property. While it may not be as dramatic as a Hollywood blockbuster, it's still an exciting event for homeowners-to-be.  First and foremost, prepare yourself for a rush of mixed emotions. Anticipation, joy, and maybe ...

General Description Subang Jaya, located in the Petaling District, has become a significant town with an estimated population of 948,296 according to the 2015 Census. The town's development began in 1975 under Sime UEP Properties Berhad (now known as Sime Darby Berhad), which successfully transformed the former rubber plantation known as Seafield Estate into a meticulously planned and ...

JOHOR BAHRU, Malaysia, July 5, 2023 /PRNewswire/ -- Forest City, a real estate development of Country Garden Group, is celebrating its seventh anniversary as a thriving urban project. Situated in Johor Bahru, Malaysia, known for its livability, the development has grown significantly since its inception in 2016. With the completion of various residential and tourism ...

Bukit Beruntung is a residential township located in Rawang, Selangor, Malaysia. Situated approximately 40 kilometers north of Kuala Lumpur, Bukit Beruntung offers a serene and peaceful environment away from the bustling city life. The township is known for its affordable housing options, making it an attractive choice for families and individuals looking for a comfortable place to settle ...