Utusan Melayu sells factory units for RM13.5m
KUALA LUMPUR (March 14): Utusan Melayu (M) Bhd has disposed of two adjoining semi-detached factories in Taman Shamelin Perkasa, Cheras for RM13.
Rehda survey: Optimistic about 2H2019 despite current low take-up rates
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.
Bank Pembangunan launches RM1b fund for sustainable development
KUALA LUMPUR (March 13): Bank Pembangunan Malaysia Bhd has launched a RM1 billion fund to support the nation's sustainable development target by incentivising more companies to adopt sustainable practices in their business strategies and operations.
JCY gets RM81 mil compensation for property relocation in China
KUALA LUMPUR (March 13): JCY International Bhd (JCY) has agreed to receive 133.
Hishammuddin has no qualms about being investigated over Mindef RM500m losses
KUALA LUMPUR (March 13): Former defence minister Datuk Seri Hishammuddin Hussein has no objection to the investigation that will be carried out against him and former officers in the Defence Ministry (Mindef) over the alleged leakage of government funds believed to be in excess of RM500 million under the ministry's land swap deals involving development projects.
Extending loan tenure to 40 years may not benefit borrowers
PETALING JAYA (March 12): There is talk that the maximum 40-year tenure offered to affordable housing loans may be extended to all mortgages too, as one of the counter measures to address the overhang issue straining the property market now.
KPKT to take action against PPR home owners who rent out their units
PETALING JAYA (March 12): The Housing and Local Government Ministry (KPKT) has reminded home owners and tenants of People’s Housing Programme (PPR) schemes that they are breaking the law if they rent out their units.
Closely monitor large household debt, IMF tells Malaysia
KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).
227 buyers secured government-linked homes under HOC at Mapex
KUALA LUMPUR (March 11): A total of 227 buyers managed to buy government-linked homes under the Home Ownership Campaign (HOC) at the recently concluded Malaysia Property Expo (Mapex).
Malaysians still need affordable housing as developers face glut of pricier units: S’pore daily
KUALA LUMPUR (March 9): The housing situation in Malaysia has attracted the interest of folk across the Causeway.
