Ignored stop-work orders results in RM20,000 fine for construction firm
Safety issues related to workers harnesses at heights and scaffolding access resulted in two stop-work orders, which were ignored.
Late delivery penalty could bring housing industry to standstill, says lawyer
Following Tuesday’s Federal Court ruling that the controller of housing cannot give developers extensions of time to complete their projects, a lawyer said that the housing industry could be crippled by late delivery penalties.
DONE DEAL: Office space, The Vertical Office Suites, Bangsar, KL
Rented for: RM14,000 (around RM4.70 psf); Concluded by: Ken Lim (REN 35200) of CBD Properties Sdn Bhd (017-806 0113); When: August 2019
536 EOT approvals since 2014
Since 2014 till July 2019, the authorities have received a total of 697 applications of which 161 were rejected.
RON95 to increase 1 sen each week in peninsular Malaysia from January 2020
Speaking at the Dewan Rakyat today, he said the government is replacing the fuel subsidy with the targeted subsidy programme and allowing the price of the fuel to gradually increase until it reaches market price.
Sahabat Alam Malaysia worried that Perak may begin rare earth mining
“Perak is already home to a radioactive permanent waste facility in the Kledang Range that contains dangerous and harmful wastes of thorium and uranium, inherited from the notorious Asian Rare-Earth (ARE) plant that operated in Bukit Merah, Ipoh during the mid-1980s to 1990s.”
Pavilion Bukit Jalil mall secures 1m sq ft of confirmed tenants: Report
Pavilion Bukit Jalil, which is set to open in 2021, is also “on track to secure another 300,000 sq ft of confirmed tenants”.
SPAN orders Air Selangor to probe sinkholes, monitor other high-risk areas
“This is to avoid the same incident from occurring again, especially during the rainy season which is expected to last until February next year.”
Extension of time: Federal Court decision to have major implications for property segment
National House Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong: “Regulation 11(3) is destroyed.”
DONE DEAL: Serviced residence, Pavilion Banyan Tree Signatures, Kuala Lumpur
Rented for: RM9,500 per month; Concluded by: Eugene Pang (REN 30525) from MIP Properties Sdn Bhd (016-272 4227); When: September 2019
