Setia Sky Residences is another new project by SP Setia. 5/95 Home Loan package launched by SP Setia getting good result while the world market getting  effected by economy crisis. SP Setia property developer not only getting good respond property in Malaysia, SP Setia started develop their business in Singapore and Vietnam.

New projest – Setia Sky Residences condominium in Kuala Lumpur that will be launched next month,April y2009. Setia Sky Residences is located along Jalan Tun Razak on a 2.43ha site and will comprise four 39-storey tower blocks, with each block containing 211 condos.

In April, only first two towers will be launched. Setia Sky Residences condominium lauch at an average selling price of RM680 per sq ft. Both towers are expected to be completed in 2012.

Setia Sky Residences condominium Setia is the first high-rise project in the Kuala Lumpur city centre by SP Setia. Setia Sky Residences condominium has a gross development value of RM800mil, Setia Sky Residences condominium estimate has positive response.
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International Property Expo is an annual property showcase to provide a convenient forum for property developers to exhibit properties of various types and for homebuyers to view the latest and available launches and property stock all under one roof.

International Property Expo show attracts quality exhibitors and genuine players in the property scene. Most importantly, the Property Expo Show provides the ideal exchange between smart exhibitors and discerning visitors, leading to opportunities for quality sales leads and closing contracts.

The International Property Expo is highly specialized event for varied exhibitors in displaying their products with different models of flats, villas, commercial property along with the full details of their map areas.
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Did you know what is the latest BLR (Base Lending Rate) or latest housing loan package? Overnight Policy rate (OPR) and BLR had being adjusted again. The world economy crisis was slow down most of the fields, include in Property sector.

The reducing of the BLR was benefits to home owners. Those housing loan borrower with floating rate type have chance to reduce monthly loan repayments or reduce total year of tenure for their housing loans.

Once again latest BLR recorded the lower point for past 20 years. Referring to Malaysia Bank mortgage BLR history. And below table show a list of Base Lending rate offered by Bank in Malaysia and the effective date.
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Sime Darby Bhd’s was launched a another campaign for “Parade of Homes” and generated RM161mil in property sales. It was exceeding the expectation of the company. Attributing the surge in property sales to the benefits given to home buyers. Sime Darby Property Bhd believe that the impressive property sales haul was also a sign of a resilient property market in Malaysia.

Sime Darby Property’s first Parade of Homes campaign was launched in June 2008 and generated sales of RM246mil in nine days. The second campaign in November 2008 generated over RM146mil in sales.
Sime Darby’s freehold properties range from affordable homes to high-end residences in townships in Subang Jaya, Bukit Jelutong, USJ Heights, Bandar Bukit Raja, Ara Damansara, Denai Alam, Melawati, Nilai Impian, Planters’ Haven and Putra Heights.

The main factors contributing to the strong property sales were the Parade of Homes’ exclusive benefits, which included an interest rate of base lending rate minus 2.3%, special down payment scheme, and no interest charged during the construction period. Sime Darby Property’s offered an attractive package for home buyers during Parade of Homes campaign.

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