News about Malaysia

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

KUALA LUMPUR (Nov 13): Shares in Malaysian Resources Corp Bhd (MRCB) surged as much as 9% to hit an intraday high of 83 sen yesterday — its highest level in two months as investors reacted positively to a RM1.

KUALA LUMPUR (Nov 12): Malaysian Resources Corp Bhd (MRCB)’s indirect wholly-owned subsidiary MRCB Lingkaran Selatan Sdn Bhd(MLSSB) (MLSSB) has entered into a termination and settlement agreement with the government, in relation to the Concession Termination of the Eastern Dispersal Link Expressway (EDL).

KUALA LUMPUR (Nov 12): The Public Accounts Committee (PAC) will hold a meeting tomorrow (Nov 13) to discuss the date for proceedings to start, pertaining to the reinvestigation of 1Malaysia Development Bhd (1MDB).

ISKANDAR PUTERI: The Smart City Urban Design Guideline (SCUDG) and the Smart City Centralised Monitoring Services (SCCMS) have been launched here.

KUALA LUMPUR (Nov 12): Datin Seri Rosmah Mansor is likely be dragged to court yet again, reportedly over a RM1.

KUALA LUMPUR: The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam.

We used to mostly see strata projects as high-rise residences but these days, strata landed homes have been introduced as well.

KUALA LUMPUR (Nov 10): In a statement released today, Selamatkan Kuala Lumpur (SKL) questioned the legality of the recently gazetted Kuala Lumpur City Plan 2020 (KLCP 2020), saying that it was substantially different from the 2008 Draft KLCP which had undergone public participation and consultation, and urged Malaysian Anti-Corruption Commission (MACC) to look into the violations.

  KUALA LUMPUR (Nov 10): The Malaysian Anti-Corruption Commission (MACC) are in the midst of preparing to charge Felda ex-chairman Tan Sri Isa Samad with abuse of power related to an inflated purchase price of a hotel during his tenure at Felda.