Monthly Archives: August 2013

MY Gov’t would not regulate foreign property buying

The government has no plans to regulate foreign property buying despite concerns that foreigners drive up house prices in Malaysia, particularly in Nusajaya, Penang and the Klang Valley. There were also calls to raise the minimum property purchase by foreigners … Continue reading

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Johor dismisses notion foreigners trigger rise in property prices

The Johor government on 21/8/2013 dismissed the perception that the increase in the prices of houses in the state resulted from the purchase of real estate by foreigners, including Singaporeans. State Housing and Local Government Committee chairman Datuk Abd Latiff … Continue reading

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Sunway Medini expected in Jan 2014

MIXED INTEGRATED DEVELOPMENT: Gross development value of first phase is estimated at between RM300m and RM350m SUNWAY Bhd targets to launch its first property project in Medini, Iskandar Malaysia, in January next year. Its chief financial officer Chong Chang Choong said … Continue reading

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Why ringgit’s getting crushed? Check out this chart

The Malaysian ringgit plunged to its lowest level in over three years on Thursday amid the brutal sell-off across emerging market assets, and strategists say the pain may not be over for the currency. The ringgit has declined 10 percent against the … Continue reading

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Albedo moves into property, buys 762 acres in Iskandar

  Singapore-listed Albedo is looking to move into property development after securing a deal to buy 762 acres of land in Iskandar Malaysia. The steel and raw materials trader signed a non-binding framework agreement or memorandum of understanding (MOU) with … Continue reading

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Horizon Hills House with swimming pool and golf course view

Horizon Hills House with swimming pool and golf course view Asking Price:  RM2,500,000 (inclusive of Golf Membership, furniture and fittings – excludes artworks & personal items). Contact:   Danny Chua 97912988 / +601128769911 The House:  This freehold house is a fully furnished … Continue reading

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Strong Singaporean appetite for Malaysia property

Malaysian properties continue to appeal to Singaporean buyers, on the back of higher prices as well as cooling measures in the city-state’s property market. At the recent PropertyGuru Malaysia Property Show (MPS) in Singapore held on 13 to 14 July, … Continue reading

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Iskandar bungalow lots sell like hotcakes

Ten pre-selected bungalow lots in Leisure Farm Resort, Iskandar were snapped up, with more than 30 bids received. “We are overwhelmed by the strong reception,” said Lee Seng Huang, Executive Chairman of Mulpha International Bhd, the parent firm of the … Continue reading

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Tallest Residential Tower launched – The Astaka

The Astaka @ 1 Bukit Senyum in Johor Bahru is poised to become Malaysia’s tallest residential building when it is completed in four years, according to its developer Astaka Padu Sdn Bhd. Comprising two condominium blocks of 65 and 70 … Continue reading

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