The Prime Minister revealed that he was against the toll-free highways pledge in the Pakatan Harapan election manifesto. 

The former deputy prime minister came at 9.15am in a white vehicle without any police outriders. The compound of the MACC headquarters is under tight police control.

The building was not authorised by the DBKL to be constructed and the development plan has not been approved, says DBKL. 

A property stamp duty of 10% on foreign buyers has been proposed to help increase the country’s revenue. 

Although the property market recorded a marginal decline in the first half of 2018 with 149,889 transactions worth RM67.74 billion, recording a decrease of 2.4% and 0.1% compared to 1H2017 which recorded 153,526 transactions worth RM67.83 billion, he said the decline may be due to factors such as the festivities period in 1Q2018 coupled with the subesequent election period which saw many buyers adopting a wait-and-see approach.

Rented for: RM8,500; Concluded by: Gwen Chan (REN 27371, 012-732 1113) of MIP Properties; When: July 20, 2018

The proposal follows the issue of inflated housing prices and the government's lack of clarity over selling prices, the GDVs of housing projects and the cost breakdown of a property development, he said. 

Following the robust reaction from the joint venture (JV) and those who would be affected by its earlier decision to take away the remaining work on the underground portion of the mass rapid transit Line 2 (MRT2) project, the Cabinet yesterday decided that an attempt be made to bridge the divide.

The biggest category of overhang units are residential properties priced from RM500,000 to RM1 million with a total of 7,525 units valued at RM 5.17 billion.

If the ministry is allowed to grant EOTs to developers, this would exempt them from paying liquidated ascertained damages (LAD) to buyers – at 10% of the purchase price per year – if they fail to deliver their properties promptly to the affected buyers.