News by Wong%20King%20Wai

Master Builders Association Malaysia (MBAM) urges the government to provide tax exemptions for intragroup services in logistics and maintenance and repair services, and not only for the same taxable services under the logistics services. Intragroup services are any services provided by related companies, and these services should be tax exempted.

Coworking space provider INFINITY8 will be opening its latest outlet in Penang in the third quarter this year. This roughly 25,000 sq ft space will be located within a 150-year-old building and will be its first outlet in the northern part of Peninsular Malaysia.

The Urban Redevelopment Act is being drafted and once the Act is in force, there are 139 potential redevelopment sites within Kuala Lumpur that developers can bid for, according to Housing and Local Government Minister Nga Kor Ming.

The proposed Residential Tenancy Act is deemed unnecessary as the current system is operating well, according to PEPS president Subramaniam Arumugam, in his opening address at the 16th Malaysian Property Summit 2024 organised by the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) in Johor on Thursday (Jan 18).

This year's real estate market is not just changing; but it is also evolving, according to CBRE|WTW group managing director Tan Ka Leong.

Think City and Yayasan Hasanah, the impact-based foundation of Khazanah Nasional Bhd, co-hosted Mike Rands, a distinguished environment scientist, conservationist and ornithologist (a bird expert), who spoke about how urban green spaces play an important role in a country's economy.

IJM Land’s Avela Phase 17C homes at IJM Rimbayu, launched on Sept 11, has achieved a take-up of 42%.

Chin Hin Group Property Bhd, via its subsidiary Stellar Platinum Sdn Bhd, signed a joint development agreement (JDA) with Ivory Properties Group Bhd, via its wholly-subsidiary Ivory Meadows Sdn Bhd, to develop the RM475 million Crown Penang, which is targeted for launch in 2Q2024. This will be Chin Hin’s first foray into Penang

Gamuda Land’s Bay Street commercial shops in Gamuda Cove have achieved a 90% take-up rate following its launch over the weekend, it said in a press statement on Thursday (April 13).

Mutiara Johan Group anticipates strong sales for its Mutiara Central bumi lots once they are released in a few weeks time.