Thean Lee Cheng

Recent and archived articles by Thean Lee Cheng

23 Mar 2019 | 7:00 AM

On lending, housing and minister’s comments

FINANCE Minister Lim Guan Eng has retracted his threat to impose a windfall tax on the banking sector two days after he issued it at InvestKL.

15 Mar 2019 | 7:00 AM

Developers confident of achieving RM3bil sales

PETALING JAYA: Developers are confident of hitting the RM3bil sales target for the six-month Home Ownership Campaign (HOC), which will end on June 30.

14 Mar 2019 | 1:21 PM

Rehda confident of hitting RM3bil home ownership campaign sales target

PETALING JAYA: Real Estate & Housing Developers’ Association (Rehda) said that RM3bil sales target for the 6-month Home Ownership Campaign that ends on June 30 can be met.

12 Mar 2019 | 7:00 AM

Govt may extend housing loan tenure

PETALING JAYA: The property glut shows no signs of abating and the government is considering raising the maximum tenure of housing loan to 40 years to reduce the overhang.

9 Mar 2019 | 7:00 AM

Home ownership vs debt issues

FIFTEEN years ago, John contemplated whether he should buy a house or rent. Then in his 40s, he decided to rent.

4 Mar 2019 | 7:00 AM

More launches in the pipeline

PETALING JAYA: The Home Ownership Campaign (HOC) which runs until June 30 and which was officiated by Prime Minister Tun Dr Mahathir Mohamad last Friday has spurred developers to take their projects out of cold storage.

Property consultancy Henry Butcher chief operating officer Tang Chee Meng said the housing campaign is expected to stir interest in the property sector.  “This is an opportunity to buy and to sell.”
22 Feb 2019 | 7:00 AM

TRX development picking up speed and ahead of schedule

KUALA LUMPUR: The development of the 70-acre Tun Razak Exchange, commonly known as TRX, as a district has picked up speed with 80% of the infrastructure and the looped highway and tunnels expected to be completed by between June and August this year.

Signing of the Common Estate Agreement (CEA) between TRX City Sdn Bhd and its partners and investors. (center, back row) witnessed by CEO TRX City Sdn Bhd Datuk Haji. Azmar Talib, Minister of Federal Territories YB Tuan Haji Khalid Bin Abdul Samad and Datuk Bandar Kuala Lumpur Datuk Nor Hisham Ahmad Dahlan. (from left): Mr Lee Chun Fai (Director, Fairview Valley Sdn Bhd – subsidiary company of IJM), Mr Cyril Duffy (Chief Operating Officer HSBC Bank Malaysia Bhd), Datuk Lai Weng Hoo (Chief Executive Director, Mulia Group), Mr Tan Hwa Min (Chief Operating Officer, TRX City Sdn Bhd), Mr Stuart Mendel (Managing Director and Country Head, Lendlease Malaysia), Mr Imri Dolhadi Ab Wahab (Director, Urusharta Jamaah Sdn Bhd), Mr Kamarul Ariffin bin Mohd Jamil (Group Chief Executive Office, Affin Bank) and Mr Frank Feng (Managing Director, CORE Precious Development Sdn Bhd).- AFIQUE YUSOFF/The Star
20 Feb 2019 | 7:00 AM

Building owners are unable to get the rent they are seeking

KUALA LUMPUR: Office rental among super prime buildings in the Klang Valley is expected to come down further with landlords struggling to get the rental rate they want, according to property consultancy Rahim & Co.

A tenant’s market: (from left) Rahim & Co estate agency director Robert Ang, director of PJ office Choy Yue Kwong, Rahim, valuation services director Chee Kok Thim and research director Sulaiman Saheh at the property review 2018/2019
19 Feb 2019 | 1:08 PM

Residential property prices to consolidate, says Rahim & Co

KUALA LUMPUR: Prices of residential properties are expected to continue to consolidate this year and 2020, according to Rahim & Co. research director Sulaiman Saheh.

11 Feb 2019 | 7:00 AM

Lendlease gears up to enter KL retail scene

Firm determined to establish Lifestyle Quarter as future destination

An overall view of Tun Razak Exchange with Menara Prudential on the far left.Next to it is Lendlease's 17 acres. - Filepic May 2018