Editor's Pick

HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape

The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.

DONE DEAL: Shophouse, Bukit Gasing, Petaling Jaya, Selangor

Noteworthy:

  • Land size: 1,571 sq ft
  • Built-up size: 1,320 sq ft
  • 2 bathrooms
  • Leasehold
  • Unfurnished
  • Nearby amenities: PJ474 SK La Salle (Selatan) bus stop, schools and residential areas, Amcorp Mall, Taman Jaya Park, Jalan Templer KTM station
  • Accessibility: NPE, Federal Highway, Jalan Gasing, Jalan Templer

September 2023

HOC should only be for affordable properties

Malaysia is facing a unique housing problem.  On one hand, the median property prices are too high and are beyond the mass population's affordability. As a result, even middle-income groups, not to mention the lower-income groups, find it almost impossible to buy their first homes.  

Tropicana sells Courtyard by Marriott Penang for RM165 mil

Tropicana Macalister Avenue (Penang) Sdn Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd today signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd, an indirect subsidiary of IOI Properties Group Bhd for the sale of Courtyard by Marriott Penang for a total cash consideration of RM165 million.