Student falls to death from hostel balcony
PETALING JAYA (July 16): A student studying at the Dengkil campus of Universiti Teknologi Mara (UiTM) plunged to his death from the fourth floor of a hostel building yesterday, reported Bernama.
New guideline of allowing REITs to engage in property development a sector catalyst
Real estate investment trust sector Maintain neutral: We maintain “neutral” rating on the real estate investment trust (REIT) sector given the general oversupply situation but this should be offset by the appeal of REITs given the current uncertain equity markets.
Water tank at school bursts, damages cars
PETALING JAYA (July 11): A water tank on an 18m-tower at a school in Maran, Terengganu, burst and collapsed this morning, damaging three cars parked nearby, reported Bernama.
Nawawi to resign as KTMB chairman by end of this month
KUALA LUMPUR (July 11): Datuk Nawawi Ahmad has said that he will resign as chairman of Keretapi Tanah Melayu Bhd (KTMB) by the end of this month, reported Bernama yesterday.
Perak plans to temporarily close public access to Gua Tambun stone age art
PETALING JAYA (July 10): The Perak government plans to temporarily shut off public access to Gua Tambun and its trove of Neolithic-age hematite rock art due to dangerous and poorly-maintained routes to the site, reported the Malay Mail.
Buyers of Johor private lease scheme project sue developer
PETALING JAYA (July 10): The buyers of a property development on a private lease scheme in Medini Iskandar, Johor, are taking the developer to court over its failure to issue them individual strata titles for their units.
Many work-related casualties occur at construction sites, says Johor DOSH
PETALING JAYA (July 10): The Johor Department of Occupational Safety and Health (DOSH) has called on construction companies in the state to be more proactive about the safety conditions of their workers.
HLIB: Property buyers in wait-and-see mode pending new govt policies post-GE14
KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).
Penang marks decade of George Town's Unesco World Heritage Site listing
PENANG (July 8): The Pearl of the Orient yesterday marked George Town's 10th year of being listed as a Unesco World Heritage Site, which culminated with the George Town Heritage Celebration Street Festival.
Canada Pension Plan in talks to buy stake in Pavilion Bukit Jalil
KUALA LUMPUR (July 7): The Canada Pension Plan Investment Board (CPPIB) is negotiating with Malton Bhd on the purchase of a 49% stake in Pavilion Bukit Jalil mall, The Edge weekly reported in its July 9, 2018 issue.
