News by M

Main obstacle stopping first-time home buyers from getting a unit was the high loan rejection rate of commercial banks.

The disposal is expected to bring Glomac an estimated net gain of about RM83.6 million or 12 sen per share, according to the group’s filing with Bursa Malaysia yesterday.

Parkson Retail Group’s minority shareholders reject 67.6% stake in Parkson Asia.

Kajang’s numerous non-landed properties fall primarily in the mass-market segment.

Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said Penang was already developing a cycleway around the island, but ‘I want to see more such projects around housing developments in the state’.

Notices have been issued to those who fail to do so in the first three months of the Act coming into force. Stiffer punishment will follow if offenders still refuse to comply, starting with a RM1,000 compound imposed from January 2016, if a household fails to separate waste accordingly.

Interestingly, Kajang is home to many exclusive gated-and-guarded residential estates.

The MIEA-theedgeproperty.com Top Online REN (Real Estate Negotiator) of the Year was young, poor and had no connections.

Khazanah is said to be among 10 tenants in The Shard, the tallest in western Europe, which has secured 90% occupancy for its office space.

In a statement released yesterday, KCN demanded City Hall and the ministry justify the purpose of the conversion of part of Taman Metropolitan Kepong public recreational land to residential status.