News about US

PETALING JAYA (Feb 7): Boustead Properties aims to build affordable homes that are sustainable and environmentally friendly, driven with technological solutions, according to a report by The Malaysian Reserve.

Read also DONE DEAL: Factory at Port Klang, Selangor DONE DEAL: Agricultural land at Sepang, Selangor Developed by Sime Darby Property, USJ Heights is an exclusive gated and guarded low-density neighbourhood comprising bungalows, superlink houses and villas.

KOTA KINABALU (Jan 26): The Tanjung Aru Community Development Leader Unit (UPPM) has urged the Sabah Housing and Town Development Board (LPPB) to identify a nearby People’s Housing Project (PPR) for the Tanjung Aru Flat residents after the latter had informed them to vacate their homes due to safety reasons, reported by The Borneo Post.

KUCHING (Jan 23): Construction companies in Sarawak have been encouraged by Datuk Seri Abdul Karim Rahman Hamzah to tap into infrastructure development opportunities in East Kalimantan with the advent of Indonesia’s new capital, Nusantara, reported by Borneo Post Online Sarawak is in a good position to tap into the opportunity as Sarawak is located just next to Kalimantan, said the Minister of Tourism, Creative Industry and Performing Arts of Sarawak during a press conference on the launch of the Largest Sarawak Themed Mural Painting at the Borneo Convention Centre Kuching on Friday (Jan 21).

KUALA LUMPUR (Jan 13): HIL Industries Bhd received its shareholders’ approval at the extraordinary general meeting on Wednesday (Jan 12) to undertake residential development joint ventures (JVs) on five parcels of land in Sungai Buloh, Klang and Jugra in Selangor.

KUALA LUMPUR (Jan 11): The Ministry of Housing and Local Government (KPKT) has appointed 25 members to its Panel of Experts, comprising individuals and industry players with extensive experience in the housing sector.

KUALA LUMPUR (Jan 7): Lion Industries Bhd has proposed to acquire a sub-divided leasehold agriculture land in Sepang for RM23 million or RM6.

KUALA LUMPUR (Dec 23): Malaysian Pacific Industries Bhd (MPI) has entered into an agreement to invest in land for its new plant in Suzhou, China.

Do we honestly need new laws to purportedly “offer more protection” for house buyers when the existing ones are adequate? Do we lack laws or the will to enforce them?  Would amending the Housing Development (Control &Licensing) Act, 1966 (Act 118) and their related Regulations honestly solve the problem of abandoned housing project? There is nothing wrong with the current laws.

KUALA LUMPUR (Dec 16): JHM Consolidation Bhd plans to raise RM92 million via a private placement for the construction of its new manufacturing facility at the Batu Kawan Industrial Park in mainland Penang.