News by M

“There is a lack of clarity in the freezing exercise and it is still too early for us to tell.”

Works Minister Datuk Seri Fadillah Yusof said the freeze does not involve all projects as the government sought to arrest a glut in high-end properties.

The review is also pertinent as the group does not have any sukuk programme that would seem to retain its investment-grade rating, said group chief financial officer Datuk Tong Poh Keow.

Some of the programmes included food tasting and nutrition consultations.

“It (case) is in the final stage now and (hopefully) will be completed soon.”

The state is currently looking at different formulas for housing projects specially for foreign buyers.

"The situation is dangerous due to earth movement and stones falling."

DBKL was instructed to cease considering and approving the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million in Kuala Lumpur, effective Nov 1.

The authorities are still investigating the cause of the fire at the Tropicana Gardens construction site at Kota Damansara.

If RTO schemes are able to help more people own homes, property developers would definitely be in favour of them.