Adoption of peer-to-peer (P2P) financing has skyrocketed in Malaysia – this year RM159.56mil was raised, up from just RM17mil last year. Fundaztic chief executive officer Kristine Ng Wri Miem reveals P2P has been driven largely by younger users, as 59% of its investors are under 35. In comparison, 35 to…
News
Lazada to Sell Houses Online
Kuala Lumpur — Lazada Group will begin selling houses on its online shopping platform soon and is planning its next shopping festival, 12.12, to boost sales. As it is, Lazada offers hundreds of different types of products on its platform and will add one of the biggest items in the…
Sime Darby Property to Review Prices of Unsold Units
KUALA LUMPUR — Sime Darby Property Bhd is looking at undertaking a tactical price review of its unsold units after net profit for the three months through September dropped 93% to RM28.8mil. The company’s strategy is only to be expected due to the high level of unsold inventory units. Coupled…
Malaysia is Airbnb’s Fastest Growing Market in SEA
KUALA LUMPUR — Airbnb has recorded a 99% increase in guest arrivals in Malaysia to two million as at July 2018, making the country the fastest growing in Southeast Asia for the platform. At a media briefing today, Airbnb’s head of public policy in Southeast Asia Mich Goh said the…
Sunway Velocity Mall Wins Malaysia Property Award 2018
KUALA LUMPUR — Sunway Velocity Mall was recently awarded the FIABCI Malaysia Property Award 2018 under the Retail Category. The Malaysia Property Award honours developments that display excellence in all aspects of their creations. Judged over seven months by an independent panel of experts, the entries were evaluated based on…
Property Peer-to-Peer (P2P) Lending: The Future of Property?
Normally, when one decides to buy a home, one would normally apply for a housing or personal loan at a bank. But, one must ensure beforehand that their current financial status is stable, and free of any kind of debts. However, not counting the financial status, that is all about…
Security Guard Tidak Boleh Simpan IC Anda
Kad pengenalan atau IC adalah harta yang sangat bernilai buat seseorang. Andai ia jatuh ditangan mereka yang tidak bertanggungjawab, pasti pelbagai masalah akan timbul. Bagai sudah menjadi lumrah, pengawal keselamatan akan meminta kad pengenalan anda, dan mungkin akan menyimpan kad pengenalan anda itu untuk tujuan keselamatan, sebelum anda dibenarkan masuk…
Finance Minister: RPGT to be Calculated from Year 2000
KUALA LUMPUR — The Real Property Gains Tax (RPGT) valuation on property would only be calculated from the year 2000 onwards, says Finance Minister Lim Guan Eng. He said that this is done to give clarity on the issue following feedback from concerned property owners who have bought and owned…
BBCC Invites Local Start-Ups to be Part of Malaysia Grand Bazaar
KUALA LUMPUR — Bukit Bintang City Centre (BBCC) is looking at bringing in more local start-ups to be part of its Malaysia Grand Bazaar (MGB) component, part of the Entertainment Hub of the multi-billion ringgit development. Bukit Bintang City Centre Development Sdn Bhd CEO Low Thiam Chin said MGB aims…
Changing the Development Landscape With Robots
PETALING JAYA — Given recent advancements in technology, the use of robots to build houses at construction sites is no longer science fiction. Property developers around the globe are investing heavily in robotics technology for the construction industry. One developer which has recently ventured into the robotics industry is China’s…
