Saturday, March 28, 2009

International Property Expo


Where to get latest property info? This your concern about get your dream House? International Property Expo is organized around the country. Property Expo is a property showcase to provide a convenient forum for property developers to exhibit properties of various types and for home buyers to view the latest and available launches and property stock all under one roof.

International Property Expo show attracts quality exhibitors and genuine players in the property scene. Most importantly, the Property Expo Show provides the ideal exchange between smart exhibitors and discerning visitors, leading to opportunities for quality sales leads and closing contracts.

Residential & Commercial Property Seekers, Real Estate Investors, Corporate Property Managers, Engineers & Planners, Corporate & Private Investors, Architects, Property Planners, Agents and Brokers are the target visitors for International Property Expo.

Check it out the latest property projects and get your affordable dream house.

Property Expo y2009

Wednesday, March 25, 2009

Latest BLR in March y2009

Base Lending Rate (BLR) again be adjusted. World economy crisis make most of the market moving slow in progress. Did you know about the latest BLR? Lastest BLR is direct influence by Overnight Policy rate (OPR).

Look for your housing loan bank owner for latest housing loan package. The reducing of the BLR will benefits to your housing loan. Those housing loan borrower with floating rate type have chance to reduce monthly loan repayments or reduce total year of tenure for their housing loans.

Most of the bank was adjusted the latest BLR rate to 5.55%. Also look for any other Mortgage Loans info.

Look for the table of the list of latest BLR rate . . . . .Click Here


Friday, March 20, 2009

Sime Darby Proeprty Achieves RM161mil Property Sales


Sime Darby Bhd’s was launched a another campaign for “Parade of Homes” and generated RM161mil in property sales. It was exceeding the expectation of the company. Attributing the surge in property sales to the benefits given to home buyers. Sime Darby Property Bhd believe that the impressive property sales haul was also a sign of a resilient property market in Malaysia.

Sime Darby Property’s first Parade of Homes campaign was launched in June 2008 and generated sales of RM246mil in nine days. The second campaign in November 2008 generated over RM146mil in sales.

Sime Darby’s freehold properties range from affordable homes to high-end residences in townships in Subang Jaya, Bukit Jelutong, USJ Heights, Bandar Bukit Raja, Ara Damansara, Denai Alam, Melawati, Nilai Impian, Planters’ Haven and Putra Heights.

The main factors contributing to the strong property sales were the Parade of Homes’ exclusive benefits, which included an interest rate of base lending rate minus 2.3%, special downpayment scheme, and no interest charged during the construction period. Sime Darby Property’s offered an attractive package for home buyers during Parade of Homes campaign.

Continue Reading . . . . .Click Here

Tuesday, March 17, 2009

SP Setia Home Loan package


Property Market in economy down turn estimate to rebound in two years. One of the Property Developers was show a good selling result for the property in Malaysia. At this point in time, SP Setia Bhd did not specify a target because the property market was so bad. SP Setia Bhd’ wanted to test whether this `5/95 programme` will work, and apparently it works very well.

SP Setia Bhd (Malaysia’s No.1 property developer in The Edge Malaysia Top Property Developers Award and Euro money Real Estate Awards in 2005, 2006 and 2007) recently launched 5/95 Home Loan Package has achieved better-than-expected sales of RM300mil amid the softening economy. RM300mil sales in less than two months is very good result in uncertain economy. The RM300mil sales figure was based on bookings made.
Continue reading . . . . .

Wednesday, March 4, 2009

Banks slash Interest Rates, Housing Loan Repayments to be Lower


Bank Malaysia to cut loan repayments to help housing loan borrowers in uncertain market.Several banks have slashed interest rates imposed on housing loans and more are expected to join in the fray.

Four banks – RHB Banking Group, Public Bank Group, United Overseas Bank Bhd (UOB) and Malayan Banking Bhd (Maybank) – have cut their respective Base Lending Rates (BLR) from 5.95% to 5.55%, following Bank Negara’s move to cut the Overnight Policy Rate (OPR) from 2.5% to 2% on Tuesday. RHB Bank and Public Bank will also be reducing their respective Islamic bank’s base financing rate (BFR) at the same quantum.

RHB Banking Group managing director Michael J. Barrett said housing loans borrower would be able to pay less to service their housing loans with floating rates while individuals and businesses would enjoy lower borrowing costs. Bank Malaysia help housing loan borrowers during these challenging times and provide our customers with more financial support. All the news BLR rates would take effect next Monday. Continue Reading

Monday, March 2, 2009

Bank Malaysia Cut Mortgage Loan Repayments


Bank malaysia will reduce mortgage loans installment payments (loan repayment), an exercise that will be completed by the first quarter of this year. Mortgage loans borrowers benefits from lower Base Lending Rate (BLR).

Customers who prefer to retain their loan repayment amounts need to get in touch with their mortgage loan banks. The association of bank malaysia said that the move by all commercial banks to cut instalment amounts follows the request by the Government to help borrowers facing difficult economic times. Loan repayment is one of the plan to help mortgage loans borrower and those are lost carrer in company retrenchmennt.

Lower monthly loan repayments will allow for more disposable income to be in the hands of the public and we reaffirm our member banks’ commitment to continue to be reasonable as well as responsive to the public’s needs.The association bank malaysia said the move to reduce loan repayments was now possible following Bank Negara’s announcement of the reduction in the Overnight Policy Rate (OPR) on Tuesday (24/02/2009).