News by Chin Wai Lun

Cagamas Bhd CEO Datuk Chung Chee Leong: We are coming up with another scheme to facilitate these non-fixed income earners and those still employed but with reduced income.

Minister of Housing and Local Government Zuraida Kamaruddin: Our main priority is to make home ownership more accessible to the B40 and M40 income groups. There is no urgency for this [vacancy tax].

Sold for: RM800,000 (about RM444 psf based on land size); Concluded by: John Oh Ewe Hock (REN 07002) (012-2986266) of Oriental Real Estate Sdn Bhd; When: July 2020

An artistic multi-functional court not only brings joy to the community, having an inviting place to play keeps the children off the streets and out of trouble

Built on a 4.3-acre land with a total estimated gross development value (GDV) of RM66.92 million, Irina comprises 394 units with built-ups ranging from 750 sq ft to 1,000 sq ft. The project is expected to be completed in 2023.

Homeowner: This is a great gift and historical moment for my family as we have waited 21 years for this house. Although the project was abandoned, all the homeowners still have to service the loan because we don’t want to be declared bankrupt.

The low density freehold landed property development comprises 219-unit single-storey terraced houses. Built-ups of the units range from 1,098 sq ft to 1,333 sq ft.

“This is a significant milestone for us and the surrounding communities. Not only is Orbix a bi-lingual (English and Mandarin) school that offers a comprehensive and holistic curricula, exposure to Artificial Intelligence (AI) and robotics is bound to spark curiosity and so applying them in their education syllabus can be an incredibly powerful learning tool," said Mitraland Group chairman Datuk Johan Ariffin.

These projects are in Dengkil in Negeri Sembilan, Bandar Puncak Alam in Selangor, Batu Pahat in Johor, Cameron Highlands and Genting Highlands in Pahang. 

LBS said the company has achieved RM780 million in sales, hence the RM1 billion target is achievable. And with the ongoing sales momentum, perhaps the original sales target (of RM1.6 billion) can be met as well.