KUALA LUMPUR – Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project. At 4.31pm, Gamuda shares were up…
Sold for: RM2.71 million (RM817 psf) Concluded by: Freeman Woo Chee Meng of MIP Properties (012-656 7617) When: June 2018 Noteworthy: Freehold, high floor level with unblocked view Built-up: 3,317 sq ft, 4+1 bedrooms Facilities: Reflexology path, Woodland garden and jungle walk, gymnasium, sauna, swimming pools, badminton court, squash court,…
KUALA LUMPUR – A centralised database of affordable housing owners is necessary to ensure that such homes developed by the government benefits those in need, said Housing and Local Government deputy minister Datuk Raja Kamarul Bahrin Shah. “There is a serious need to streamline the government affordable housing agencies to…
KUALA LUMPUR – Glomac Bhd CEO and managing director Datuk Seri FD Iskandar has proposed that the government reintroduce the Home Ownership Campaign from two decades ago next year to reduce the number of overhang properties. During a press conference after Glomac’s annual general meeting today, he said a group…
HONG KONG — The world’s longest sea bridge opened on Tuesday, snaking 34 miles across China’s Pearl River estuary to form a pillar of Beijing’s plan to merge 11 cities in its southern region into one megalopolis. At 20 times the length of California’s Golden Gate Bridge, the six-lane crossing…
KUALA LUMPUR – The Housing and Local Government Ministry (KPKT) plans to work with relevant stakeholders to tackle the issue of more illegal brokers in Malaysia, said its Deputy Minister Raja Kamarul Bahrin Shah Raja Ahmad. Raja Kamarul said some of these illegal brokers are from neighboring countries and many…
KUALA LUMPUR – Tindakan undang-undang akan diambil kepada mana-mana broker hartanah yang menjalankan kegiatan haram di negara ini. Menteri Perumahan dan Kerajaan Tempatan, Zuraida Kamaruddin berkata ia berikutan semakin ramai broker hartanah yang tidak berdaftar, terutamanya dengan Lembaga Penilai, Pentaksir, Ejen Harta Tanah dan Pengurus Harta (LPPEH). Jelasnya, situasi itu…
SHAH ALAM – Instead of building more homes, improving the purchasing power of income earners is the key to encouraging homeownership, said EdgeProp.my managing director and editor-in-chief Au Foong Yee. According to the National Property Information Centre’s (Napic) latest data, there are 29,227 overhang residential units in the market as…
PETALING JAYA – Lending guidelines, stamp duty exemption for first-time homebuyers and properties below RM500,000, reduction of compliance cost and comprehensive homeownership campaign are among the wishlist of Mah Sing. “We appreciate the Government’s continuous efforts to promote homeownership, especially for first-time homebuyers. We are looking forward to the introduction…
KUALA LUMPUR – China’s Pacific Construction Group Ltd (CPCG) gave Malaysia a vote of confidence with a planned RM10bil investment over 10 years in areas including infrastructure development and hi-tech machinery. Yan Jiehe, founder of CPCG – which is No. 96th in 2018 Fortune Global 500 – said on Thursday…
