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NEWS UPDATES Asean Affairs   28 May 2013  

'Help first-time home buyers get loans'

GEORGE TOWN: The state Real Estate and Housing Developers' Association Malaysia is requesting the government to address the issue of first-time home buyers who are facing difficulties in getting loans from commercial banks.

Its chairman, Datuk Jerry Chan Fook Sing, said many buyers were not qualified for housing loans and it had become a problem for developers to sell their houses.

"There is demand and supply. But if the Federal Government does not address this issue of helping first- time buyers to obtain loans, many low-cost and low medium-cost units will not be taken.

"They will remain unsold," he said after visiting Grace Harmony Home in Jalan Thomas here yesterday.

Present was Town and Country Planning and Housing Committee chairman Jagdeep Singh Deo and Grace Harmony Home chairman Khoo Teik Ee. Bernama

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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