The tests are in preparation for the Phase 2 of the LRT Line Extension Project (LEP) which is expected to be operational at the end of March.

The current property market slowdown will be positive in the long-term as it is reining in the rapid price increases, cooling the market and reducing speculation, said Henry Butcher (M) Sdn Bhd COO Tang Chee Meng.

Under the MoA, FELDA and Encorp are nominating Encorp Bukit Katil Sdn Bhd as the master developer of the township.

Property prices are expected to consolidate further to the House Price Index (HPI) 15-year, long-term average of 5.6%, according to independent economist Lee Heng Guie.

Housing non-performing loans (NPLs) are expected to increase this year, although it won’t be at the level seen during the financial crisis in the late-1990s, according to VPC Alliance (Malaysia) Sdn Bhd managing director James Wong.

This new threat was discovered during a six-month campaign dubbed C.A.M.P (Cheating, Absconding, Misinterpretation and Profiteering), which encapsulates the four main methods used by illegal brokers. C.A.M.P was launched last year in August by BOVAEA.

The owners filed the judicial review over Putrajaya approving the shopping mall’s land acquisition for the MRT station to be built there.

Located at Niseko, one of the best powder-skiing destinations in Japan, MY ecolodge is a designer-inspired hostel with 50 double or twin rooms and 18 bunk rooms, and a total of 172 beds.

This follows its decision not to proceed with the proposed acquisition of Yuten Development Sdn Bhd, which holds a JV arrangement to develop 1.2 acres (0.49ha) of land in Jalan U-Thant into high-end residences.

Industry players concurred that the risk of cancellation for these jobs is minimal. MRT 2, LRT 3 and Pan Borneo [Highway] are among the safe ones.