In these troubling economic times, developers are now, more than ever, on the lookout for strategic parcels of land that can minimise risk and holding cost while delivering maximum returns.
KEPALA BATAS: Between 7,000 and 8,000 houses belonging to hardcore poor families nationwide will be repaired and rebuilt in stages under a special programme by the Government.
A WIDOW need no longer have sleepless night because of a leaking roof at her wooden home in Changkat Jering near Taiping, thanks to Bank Simpanan Nasional (BSN).
Rating Agency Malaysia (RAM) opines that the cessation of Abrar Discount Berhad’s (Abrar) operations, effective Dec 31, 2006, has no immediate impact on the A2/P2 ratings of The Royal Mint of Malaysia Sdn Bhd’s (Royal Mint or the Company) RM46 million Murabahah Multi Option Notes Issuance Facility (2004/2011) (MONI or the Facility), or the A3/P2 ratings of IRIS Technologies (M) Sdn Bhd’s ( IRIS Tech) RM40 million Commercial Papers/Medium-Term Notes Programme (20043/2011) (CP/MTN).These are the 2 RAM-rated debt securities which Abrar is involved in.
The appetite among developers has changed a lot these days. From ingesting large buffet-size tracts of land to build town-ships that would take aeons to complete, their preference, like fitness instructions recommend, is now to consume smaller, healthier doses more frequent intervals.
Christmas has come early this year, especially for those looking for prime, rarely available property to stuff into their stockings.