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Factors that may change this are if the government and Bank Negara come up with a financing scheme that benefits home-buyers from all segments, not limited to first-time buyers and the bottom 40 group.

The funds are supposed to ultimately be returned to the Malaysian government, once certain processing fees are paid.

The office floor plates average 20,000 sq ft and can be divided into quadrants, allowing larger corporations to take up a few floors and smaller companies to take up a quarter of a floor, he said at the Rehda Institute CEO Series 2018 in Kuala Lumpur today.

We reject SPAD’s proposal and we will build the LRT system as contained in the Penang Transport Master Plan (PTMP).

The abolition of the toll charges was one of the 10 promises the Pakatan Harapan coalition aimed to fulfill within its first 100 days of power, but the revelation of the nation's shaky finances – with the country's debt and finances standing at about RM1 trillion – has prompted the new government to defer its promise.

“I have not received a single piece of paper about the cable car proposal.”

“Imagine if (each PPR) resident had caught one rat since 2012. The reward would almost be RM170,000. (That would be enough to) buy four PPR units!”

Due to freehold status accorded to the developer being disputed, and concern over the environmental impact on the nearby Portuguese Settlement, the Melaka Gateway project has been in limbo.

"It has been for sale since 2004... we did not hire any agent. We have [held] various discussions with several interested parties for the past few years, but were not successful [in finalising a deal]. We are looking to sell at the best price possible."

"We definitely need more clarity on the mega projects and the works in Penang. Hopefully, with the budget announcement, there will be some guidance on the direction that the government wants to take."