News about US

KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.

KUALA LUMPUR (Dec 4): The Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Soam Heng Choon said the association is working with the Housing and Local Government Ministry (KPKT) on the proposed Residential Tenancy Act.

PETALING JAYA (Dec 4): Federal Territories Minister Khalid Abdul Samad said all 528 lifts at public housing projects under the maintenance of Kuala Lumpur City Hall (DBKL) have valid permits issued by the Occupational Safety and Health Department (DOSH) to operate, the Star reported today.

PETALING JAYA (Nov 30): Boustead Holdings Bhd is considering selling more assets in Jalan Bukit Bintang, The Edge reported today.

KUALA LUMPUR (Nov 30): Lion Industries Bhd reported a net loss of RM110.

KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.

PETALING JAYA (Nov 29): The National House Buyers Association (HBA) advised developers who can't complete their housing projects in time and in accordance with sales contracts to leave the industry, Malaysiakini reported today.

KUALA LUMPUR (Nov 28): The Ampang Jaya Municipal Council (MPAJ) is still waiting for directions from the Housing and Local Government Ministry (KPKT) over the redevelopment plans for Highland Towers in Ulu Klang, The Star reported today.

JOHOR BARU: Johor Ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar launched Menara JLand in the Johor Bahru city centre today, the Star reported.

PETALING JAYA (Nov 27): A total of 536 Extension of Time (EOT) aprovals were granted by the Controller of Housing and the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) since 2014, according to data collated by the National House Buyers Association (HBA).