The National House Buyers Association (HBA) views with concern the reports of a new public housing scheme by the Ministry of Housing and Local Government (KPKT) named Program Residensi Rakyat (PRR), where it was reported that the construction cost of each PRR unit will be raised to RM300,000, but will be sold only at RM60,000.
The Real Estate and Housing Developers’ Association (Rehda) Malaysia has defended the proposed Urban Redevelopment Act, which is currently being drafted by the Ministry of Housing and Local Government (KPKT), saying it is not to enable property developers to seize land for profit.
The Transport Ministry will be examining concept proposals for the Kuala Lumpur-Singapore high-speed rail (HSR) project with a focus on minimising financial implications for the government.
Exsim Development Sdn Bhd said on Thursday that its property development business will not be injected into Pan Malaysia Holdings Bhd (PMHB).
Shares of Eversendai Corp Bhd extended its rally and surged to its highest in five years as investors continued to accumulate the stock following contract wins totalling RM5.4 billion.
Tropicana Corp Bhd and Pantai Kok Resort Development Bhd have mutually agreed to terminate a 44.61-acre land development at Padang Mat Sirat, Langkawi.
Kumpulan Jetson Bhd’s wholly owned unit received a notice of arbitration from its former client O&C Makok Isola Sdn Bhd (OCMI) in relation to an RM88.03 million job to build four blocks of serviced apartments in Jalan Yap Kwan Seng here.
Noteworthy:
When: January 2024
Retirement Fund Inc (KWAP) emerged as a substantial shareholder in CTOS Digital Bhd amid heavy selling pressure on Tuesday (March 12) following an unfavourable outcome towards the group in a legal dispute.
Avaland Bhd (formerly known as MCT Bhd) topped out its Casa Embun Phase 1 in Cybersouth on Wednesday.
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