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Property Value might Stagnant by end of 2012

Stay Tuned to the Launching of Semi-D Project in Taman Melawati
Witnessing the tremendous growth of property values, some big developers have invested hugely on mega projects to grab the first hand opportunity from its healthy climb. Some good examples are Icon City and SouthBay City of Mah Sing and Setia Walk of SP Setia.

However, according to the Marketing Director of EBIC Group, Mr Roger Lim, the rise will continue until no longer than the end of 2012. "The price of the properties will become stagnant by the end of year 2012, before continuing its growth a year or two later" he said. It sounds fair but isn't a bad news either. Buyers of new properties today may enjoy the profits when it is delivered after 2 years later.
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Stay Tuned to the Launching of Semi-D Project in Taman Melawati

Stay Tuned to the Launching of Semi-D Project in Taman Melawati
KUALA LUMPUR: EBIC Holdings, the new generation of property developer has planned to launch its Semi-D project in Taman Melawati, Kuala Lumpur. The exact date of launching will be announced soon.

The units are equipped with individual elevators and opt for state-of-the-art design of the luxurious residentials. It elevates your status while increase the quality of life with the strategic location near to the heart of Kuala Lumpur while surrounded by the unpolluted and green environments.

In EBIC, we ensure the buyers enjoying the re-thinked modern design, locations and a healthier environments.


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LRT line extension progressing well

LRT line extension progressing well
PETALING JAYA: The LRT Line Extension Project (LEP) building works which began in 2010, are progressing well, with almost 90 per cent of tender contracts awarded to appointed companies. Syarikat Prasarana Negara Berhad (Prasarana) project development group director Zulkifli Mohd Yusoff said most of the work packages had been awarded, except for two stations and depots for Ampang Line.

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Ministry Targeting to Buy 35,000 Houses through Special Funding Scheme

Ministry Targeting to Buy 35,000 Houses through Special Funding Scheme
KUALA LUMPUR:The Federal Territory and Urban Well-being Ministry is targeting to buy 35,000 houses through the special funding scheme for houses under the National Economic Action Council's People Housing Programme and the City Hall public housing programme this year. Its Minister, Datuk Raja Nong Chik Raja Zainal Abidin, said through the scheme, those eligible could buy apartments for between RM25,000 and RM35,000.

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Property bubble burst unlikely in near future

Property bubble burst unlikely in near future
Asia Pacific including Malaysia is unlikely to meet a property bubble burst in the next couple of years as there are no signs of it at the current stage. Property value was consistently picking up without slowing down for the last few years. That shows that the growth in this industry is healthy and could be a good news to all the investors.

  1. Monetary Policy Committee (MPC) meeting today
  2. Residents want swift action on eroding slope
  3. Compensation for damage caused by public property
  4. Pulau Pinang excos declare own assets
  5. Klang Valley elite enclaves in the making