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Archive for the ‘News & Updates’ Category

PEACE with the environment is a criteria for healthy homes and every resident should create a balanced surrounding so that his or her mind, body and soul are in harmony.
“This is important because we all experience physical and mental stress every day at work and returning to a home that is not in tune with [...]

DNP Holdings Bhd, a property development and investment group, will launch its most expensive residential project dubbed “Le Nouvel”, worth an estimated RM1 billion, in Kuala Lumpur by end-2010 or early 2011.
Le Nouvel comprises two residential towers with 43 and 49 floors respectively, offering a total of 197 condominium units ranging from 1,800 sq ft [...]

Mortgage rates are bouncing around, but struggling to find their way back to the 50-year lows that they reached earlier this year.
Rates on 30-year fixed-rate mortgages fell to 5.17% last week down from 5.36% the week before, according to the Mortgage Bankers Association’s weekly survey of mortgage applications. That helped boost the MBA’s refinance index [...]

Malaysia’S property market is expected to be resilient next year due to lower borrowing costs and as demand from foreign buyers remain strong, an industry executive said.
“It will be harder to do deals next year but there won’t be a slump. People are still looking for homes to stay and invest in,” said Previndran Singhe, [...]

Property developer I-Berhad aims to achieve double-digit growth in net profit by year-end, driven by its unique information and communication technology (ICT) infrastructure, said its director, Eu Hong Chew.
“These are the kind of services office users are looking for and they are market-driven,” Eu told reporters after the preview of its RM2.0 billion integrated commercial [...]

STATE-OWNED Amanah Raya Bhd (ARB), unfazed by the current financial turmoil, aims to double the size of its property trust to RM1.3 billion next year.
Chairman Datuk Dusuki Ahmad said ARB will buy properties that offer more than eight per cent yields for its AmanahRaya Real Estate Investment Trust (AR-REIT).

GROWTH PLANS: (From left) Ahmad Rodzi, Dusuki [...]