News about US

  KUALA LUMPUR (March 25): Kuala Lumpur City Hall (DBKL) today introduced the ‘Rental Arrears Settlement Service Scheme’ to address the problem of rental arrears by tenants of its Public Housing (PA) and PPR units.

  In attempting to rejuvenate an aging town or building, we could always demolish and rebuild from scratch.

  KUALA LUMPUR (March 22): Sunway Real Estate Investment Trust has proposed to establish a RM10 billion perpetual note programme for the financing of investment activities, refinancing of existing and future borrowings, and working capital.

KUALA LUMPUR (March 21): The conditions for the sale of the Royale Chulan Bukit Bintang Hotel have yet to be fulfilled and as such the hotel still belongs to Boustead Holdings Bhd, a ministry of defence (Mindef) official said yesterday.

China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies,  has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.

KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin.

NILAI (March 16): All government affordable housing projects would be built using the industrialised building system (IBS) technology by 2024, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (March 15): Boustead Holdings Bhd inked a sale and purchase agreement (SPA) today with Singapore's Hotel Royal Ltd to sell its Royale Chulan Bukit Bintang Hotel for RM197 million, cash, just over two weeks after the Ministry of Defence (Mindef) said the sale wasn't a done deal.

KUALA LUMPUR (March 14): Utusan Melayu (M) Bhd has disposed of two adjoining semi-detached factories in Taman Shamelin Perkasa, Cheras for RM13.

PETALING JAYA: More developers are optimistic about the industry‘s performance and growth in the second half of this year (2H2019) although take-up rates for new launches are expected to remain at 50% and below.