New Launch !! - Grande

At last... Taraf Unggul had launched their latest development at Bandar Nusaputra! However, this is not a Build-and-Sell concept anymore due to high demand in this area. Model : Grande Price : RM640,584 (Bumi Price) to RM1,461,800 Built Up : min. 2944 sqft (22 x 80) Bumi Discount : 7% Total Unit : 27 only Completion Date : August 2012

Community Message: Signal Please!

It is so embarrassed while seeing some of the residents is reluctant to give their signal while entering the junction between Precinct 1 & 2. This is a very unacceptable manner and hence will cause a serious accident! We live in a community who are very concerned with safety within our compound but we are not demonstrating the same when we take the junction!

So, please guys... give your signal when you enter the junction. It only takes a little effort & encouragement to do. Trust me; it's not going to break your finger!

Amber 3 (?) in Progress...

This is the last row for super link house in Precinct 2 - Amber 3 (?) in progress... and in fact is almost reaching 70%!

1) Topping off for superstructure - done!

2) Roof - in progress

3) Plastering - in progress

Talking about the size, really ideal for a family - 22 x 80! And I bet End Lot & Corner Lot will become super duper hot cake! Get ready with your cash & my best guess is it will launch somewhere by early next year...

New Rule To Cool Property Speculation

http://thinkproperty.com.my/realestate/ThinkBlog.html#4420

Extract from Business Times (04/11/10)

Bank Negara Malaysia has put in place a rule that allows banks to lend only up to 70 per cent of the house value.

The new mortgage lending rule, which applies only to borrowers taking up a third housing loan, is meant to curb excessive investment and speculative activity in urban areas.

"While Malaysia is not experiencing a general property price bubble, targeted pre-emptive measures are appropriate to moderate the increases in property prices that are evident in select locations, arising from purchases that are speculative in nature.

"This measure is expected to moderate excessive investment and speculative activity in the residential property market and to ensure affordability of homes for genuine house buyers," Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said in her keynote address at the Financial Industry Conference in Kuala Lumpur yesterday.

She gave the assurance that financing facilities for the purchase of first and second homes would not be affected and that borrowers would still be able to obtain financing for these at the current loan-to-value ratio (LVR) applied by individual banks, based on their internal credit policies.