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Authors


Eugene Mahalingam

eugenicz@thestar.com.my

Recent and archived articles by Eugene Mahalingam

15 Feb 2019 | 7:00 AM

BSompo targets higher premiums

KUALA LUMPUR: Berjaya Sompo Insurance Bhd (BSompo) is targeting gross written premiums of RM990mil for 2019, up from RM904mil last year.

Vital tie-up: Tan says Berjaya Sompo’s partnership with CIMB has given it tremendous growth and will play a big role this year.
13 Feb 2019 | 7:00 AM

TRX to get RM2.15bil financing

KUALA LUMPUR: Australian-listed Lendlease and TRX City Sdn Bhd (TRXC) have secured a RM2.15bil financing facility for its Lifestyle Quarter joint-venture (JV) development at the Tun Razak Exchange (TRX), a project that has come under scrutiny due to its association with scandal-ridden 1Malaysia Development Bhd (1MDB).

(From left) Lendlease group chief executive officer and managing director Steve McCann, Finance Minister Lim Guan Eng and TRX City Sdn Bhd chief executive officer Datuk Azmar Talib by a miniature of the Lifestyle Quarter project that is being jointly developed by Lendlease and TRX City Sdn Bhd.
12 Feb 2019 | 11:24 AM

Lendlease-TRXC JV secure RM2.15bil loan for TRX project

KUALA LUMPUR: Australian-listed Lendlease and TRX City Sdn Bhd (TRXC), which are co-developing the Lifestyle Quarter development at the Tun Razak Exchange (TRX), have secured a RM2.15bil financing facility for a period of five years.

12 Feb 2019 | 7:00 AM

Knight Frank: M’sia not yet ready for BTS system

Property consultancy says scheme will lead to more expensive houses

“The structure generally will increase cost on housing units, therefore against lowering house prices and affordability,” said Knight Frank Malaysia managing director Sarkunan Subramaniam (pc)
9 Feb 2019 | 7:00 AM

Solving the housing problems

WITHIN a span of just four days, a number of initiatives relating to the country’s home ownership and overhang dilemma were announced by the government, signifying that the situation is in need of a quick resolve.

Two-in-one event: The opening ceremony of the Mapex and Home Ownership Campaign 2019 at Udini Square in Penang recently. The expo is seen as a great way to attract property buyers.
7 Feb 2019 | 7:00 AM

January vehicle sales off to a positive start

PETALING JAYA: Vehicle sales for January, which is often a slow month following the year-end promotional frenzy, are off to a positive start following the favourable response to Proton and Perodua’s new sport-utility vehicles (SUVs), the X70 and Aruz, respectively.

Latest offering: People viewing the new Proton X70 at the showroom in Petaling Jaya. Proton’s first SUV generated considerable excitement among car buyers, lifting the national carmaker’s January sales to 7,007
1 Feb 2019 | 7:00 AM

Property goodies with Govt and developers offering various incentives

PETALING JAYA: The government and housing developers are throwing all sorts of incentives at prospective buyers, including more than the kitchen sink, for properties purchased during the six-month, nationwide Home Ownership Campaign (HOC) 2019 in the hope that the large property overhang would be reduced. The campaign, which runs from January to June, is aimed at easing the country’s home-ownership and overhang dilemma “as much as possible,” said Finance Minister Lim Guan Eng.

Housing campaign: (from left) National Housing Department director-general N. Jayaseelan, Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah, Lim, Soam and Home Ownership Campaign organising committee chairman N.K. Tong at a briefing to announce the Malaysia Property Expo from March 1-3
31 Jan 2019 | 2:44 PM

Home Ownership campaign offers 3,384 houses below RM150,000

PETALING JAYA: A total of 3,384 houses below RM150,000 will be offered to the public in conjunction with the six-months Home Ownership Campaign (HOC) 2019, which runs from January to June.

Finance Minister Lim Guan Eng said the overhang currently stands at RM19.5bil.
30 Jan 2019 | 7:00 AM

Tackling housing, overhang problems

Affordable Homes and Rumahku portal fund launched

Fund launched: (from left) Deputy Finance Minister Datuk Amiruddin Hamzah, Housing and Local Government Minister Zuraida Kamaruddin, Finance Minister Lim Guan Eng, Nor Shamsiah and AKPK chairman Anuar Mohd Hassan at the launch of Bank Negara’s fund for Affordable Homes and Rumahku portal in Kuala Lumpur.
29 Jan 2019 | 12:40 PM

Affordable Homes and Rumahku Portal to boost home ownership

KUALA LUMPUR: The Real Estate and Housing developers’ Association (Rehda) is optimistic that the newly launched Affordable Homes and Rumahku Portal fund by Bank Negara (BNM) will help boost home ownership within the country.

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