Ignorance is no excuse.

MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.

Since the mid-2000s, Australia has seen low interest rates, an abundance of liquidity and strong population growth, underpinned by high levels of immigration. This has led to an increase in demand for real estate that exceeds the supply of new properties, says Ian Chen, founder, owner and group CEO of Jalin Realty International.

Although there are sufficient laws to govern the housing industry but the degree of enforcement is lacking.

Salcon is currently bidding a total tender book of over RM2.2 billion with management’s target of a 20%-30% success rate. These jobs include the Langat 2 WTP Phase II contracts, new alternative water supply jobs in Selangor and the projects from 11MP (11th Malaysia Plan) to reduce non-revenue water (NRW) to 25% from 36.6% in 2013.

LBS emerged as a substantial shareholder of ML Global following the company’s placement exercise as part of its regularisation plan to exit from PN17.

The top three projects are Malaysian Anti-Corruption Commission buildings at Precint 7, Putrajaya, two building blocks of MK22 condominiums, Mont’Kiara and PJ Midtown building and external works.

A decade ago, penthouses were fashioned as bungalows in the sky. The higher the altitude and the bigger the penthouse, the loftier the price per square foot. The period after the global financial crisis marked an era in which luxury came with smaller spaces and more palatable price tags.

A noticeable uptick occurred in the first quarter ended March 31, 2016, when the market cap of local REITs rose 7.4% to RM26.57 billion.

Overall, capital values in Jalan Ipoh have grown slightly. The highest relative price growth was at Pelangi Indah, with the average price up 23.9% y-o-y to reach RM276 psf in 1Q2015. This was followed by Permai Ria Condominium (up 21.2% to RM304 psf) and Sri Intan (up 20.1% to RM316 psf).