The Ministry of Finance (MOF) is conducting a study to develop an initiative for the implementation of the variation of price (VOP) clause for items or construction materials in government contracts, which are purportedly impacted by increases in costs due to targeted diesel subsidies in Peninsular Malaysia. 

One of the main challenges to timely registrations of strata titles is unresolved issues regarding land use categorisation on the developers’ part.

Noteworthy:

• Freehold
• Built-up size: 958 sq ft
• 3 bedrooms, 2 bathrooms
• Floor location: High
• Unfurnished
• Nearby amenities: United Point Mall, Hibiscus International School, Bamboo Hills, Sentul Depot, KLPAC, Segambut KTM station, MRT Sri Delima, Sri Bintang Hill Trail
• Accessibility: DUKE, MRR2, Jalan Kuching, Jalan Segambut

March 2024

Real Estate and Housing Developers’ Association Malaysia (REHDA) has called for building industry players to be excluded from paying the levy imposed by the Human Resource Development Corp (HRD Corp).

Noteworthy:

• Freehold
• Built-up size: 1,500 sq ft
• 3 bedrooms, 3 bathrooms
• Fully furnished
• Nearby amenities: TERKL, KLCC Park, Perdana Botanical Gardens, Pavilion Bukit Bintang, F&B outlets, Plaza Low Yat, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Dataran Merdeka, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: May 2024

"The global data centre industry is growing quickly this year because of demand from artificial intelligence, machine learning, e-commerce, and cloud computing. Malaysia is transforming from an also-ran to a top contender in data centres so quickly that they call Malaysia a data centre powerhouse."

She said of this total, 977.55 hectares have been gazetted, while another 1,416.24 hectares of potential areas will be and are currently undergoing the gazetting process.

The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

Ekovest Bhd (KL:EKOVEST) clarified that it had officially concluded its contractual role as the project delivery partner (PDP) for the River of Life project in January 2015, according to a filing with Bursa Malaysia on Monday.

Universiti Utara Malaysia (UUM) has signed a memorandum of agreement (MOA) with the Malaysian Institute of Property and Facility Managers (MIPFM) to establish Strata Management Basic course to raise the bar for the stratified property management industry.