Exsim to launch RM4bil worth of projects this year

Artist’s impressions of D’Terra Residences (Photo by Exsim Group)

Exsim Group is planning to launch projects worth RM4 billion this year, of which about half, or RM2.05 billion, will come from its crown jewel development, Central Park Damansara in Damansara Perdana, Selangor.

Exsim head of corporate communications Michelle Siew says other launches include projects in Old Klang Road, Bukit Jalil and Puncak Jalil. The developer also plans to venture into Perak and Kelantan this year with the development of hospitality buildings, which will offer small units that can be used for short-term stays such as Airbnb.

“We foresee that the market will be back on track and we want to capture this opportunity. The projects in Old Klang Road, Bukit Jalil and Puncak Jalil are still at the planning stage. We do our projects concurrently and, often, we can do each within a year from planning to selling,” Siew tells City & Country.

Spread across 2.625 acres, the serviced apartment development in Old Klang Road is called D’Ivo Residences. There will be 608 units of 892, 1,081 and 1,083 sq ft in two towers. The project has a gross development value (GDV) of RM444 million. The developer is unable to share details on the Bukit Jalil and Puncak Jalil projects. (more…)

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Buy Now Pay Later

No Credit Check Loans, Buy Now Pay Later

Buy Now Pay Later
Buy Now Pay Later

From time to time, we all have found ourselves at a point where we needed to access additional financial support. This might have been due to high utility or the need to replace some damaged household equipment like a refrigerator, or maybe we need to travel for a break. Regardless of the reasons, the monetary need is as real as we view it and we need money to fulfill those needs. If you are quick to learn, obtaining a small personal loan from credit unions or banks is not simple. The conventional method of lending demands an established record of payment that indicates on-time payments, otherwise, will not approve. If your credit history is limited or your credit score is low, the options for access to personal loans are limited.

Fortunately, there is an option available for people with a poor credit history or lack of credit. The buy now pays later is an option with no credit check loan. Buy now pay later offers fast and convenient access to monetary support to anyone with a regular paycheck. However, consumers must be aware of the significant disadvantages in terms of inflation of the cost associated with this form of loan to gauge your decision.

What is Buy Now Pay Later?

This form of loan is also referred to as payday loans. They are short-term and considerably small advances on your paycheck. This form of loan is only available to individuals with a steady occupation. Considering that the lenders of this type of loan are dependent on a future paycheck, they do require any credit background of the borrower. Its outcome is fast, convenient for consumers to access short-term loans to acquire or make purchases instantly and repay the loan in a future date without worrying about their credit scores. (more…)

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Benefits of Business Loan

Business Loan

A business loan is a powerful tool and an external source of capital vital in every business establishment. Entrepreneurs typically apply for business loans to maintain existing businesses, invest in more equipment, hire more workers, and expand locations. This article demystifies the benefits of a business loan, which is a standard form of business finance.

Benefits of Business Loan

A business loan is beneficial due to accessible and convenient access. A business establishment can easily access a banking institution and discuss all the nitty-gritty of a loan. The majority of business owners endeavor to accomplish significant goals within a short duration. As such, waiting for an increase in profits to reinvest or looking for investors take time. The investor challenge may be aggravated by the poor performance of the stock market. These processes take time, thus, businesses prefer loans that are easy to handle.

Secondly, a business loan is a significant option due to a realistic interest rate. Banks typically compete for customers and strive to offer acceptable deals to guarantee long-term engagements. Banks charge low-interest rates compared to interest charged on personal loans. Furthermore, a business loan is an excellent option because the interest a debtor pay is exempted from tax. Therefore, financial institutions are preferred lenders to both small and large business establishments. (more…)

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