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SMALLISH property firm EcoFirst Consolidated Bhd has revised upwards the gross development value (GDV) of its Ampang Ukay flagship project to over RM5bil from RM3bil previously with the construction of the first phase expected to be launched in the fourth quarter of this year.
KUALA LUMPUR: The decision to grant lending licences to property developers can add to the risks associated with rising household debt, says Fitch Ratings.
KUALA LUMPUR: Fitch Ratings has cautioned that the Malaysian government's decision to grant lending licences to property developers could add to the risks associated with rising household debt.
KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) will work closely with the Ministry of Housing and Infrastructure to make housing more affordable.