The 6% SST on certain construction materials and construction services from July this year may lead to higher home prices, lower margins and a potential market slowdown. 

The tender process for the package is currently in the final stage of technical and financial evaluation.

Che Abdul Khalid is set to succeed YM Raja Shahreen Raja Othman, whose fixed-term contract is set to expire at the end of this month. 

The plan, first proposed in September 2023, is part of a wider reorganisation of Lim’s stable of companies and entails IWCity's acquisition of IWH’s units via the issuance of IWCity shares.

The investment is expected to contribute RM19.1 billion to the local economy over the next decade through direct investment and broader economic impacts across infrastructure, innovation, workforce, students and the community.

The five-year contract will commence on Jan 1, 2026, and run until Dec, 31, 2030. 

MGB Bhd (KL:MGB) has secured a RM118.5 million contract to build affordable apartments in Kuala Lumpur from UDA Accord Development Sdn Bhd.

Unlike simple interest, which only rewards you on your original deposit, compound interest lets you earn interest on top of your earned interest, making sure that every sen that you have in your account is productive.

Mulpha International Bhd (KL:MULPHA) has sold its entire 33% stake in the London Marriott Hotel for £33.8 million (RM190.3 million) to fund working capital requirements and venture into new investments.

Buying a property is a significant financial commitment, but many homebuyers focus solely on the property price while overlooking additional costs.