Budget hotels working on app to boost business
PETALING JAYA (Oct 31): Budget hotels are hoping that an app will help them to counter the increasing popularity of Airbnb accommodation online travel agencies.
Delayed since 1996, flood mitigation works begin
PETALING JAYA (Oct 31): The RM150m Sungai Pinang Flood Mitigation Project is slated to begin mid-2020, pending the completion of consultancy work, said Penang local government committee chairman Jagdeep Singh Deo.
DONE DEAL: 1½-storey industrial unit, Taman Perindustrian Sungai Penaga, Subang Jaya, Selangor
Sold for: RM970,000 (average RM365.
Malaysia Airlines inks wide-ranging partnership agreement with Singapore Airlines
KUALA LUMPUR (Oct 30): Malaysia Airlines Bhd (MAB) has inked a wide-ranging commercial agreement with Singapore Airlines (SIA) to share revenue on flights between Singapore and Malaysia, expand codeshare routes and participate in joint marketing activities to develop tourism.
Mohd Khairudin Abdul Halim leads JPPH, BOVAEP
PETALING JAYA (Oct 30): Mohd Khairudin Abdul Halim has been appointed the director general of valuation and property services of the Department of Valuation and Property Services (JPPH) and the president of the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
Seda introduces P2P trading programme to encourage use of renewable energy
PUTRAJAYA (Oct 30): Sustainable Energy Development Authority (Seda) has introduced a peer-to-peer (P2P) energy trading programme to encourage more Malaysians to use renewable energy such as solar power, theSundaily reported yesterday.
Gagasan Nadi Cergas to buy hostel asset concessionaire for RM158m
KUALA LUMPUR (Oct 29): Gagasan Nadi Cergas Bhd announced today that it plans to acquire polytechnic hostel asset concessionaire Konsortium PAE Sepakat Sdn Bhd (KPS) for RM158 million, cash.
Axis REIT proposes placement of up to 247.46m new units
KUALA LUMPUR (Oct 29): Axis Real Estate Investment Trust (Axis REIT) proposed to place out up to 247.
Pro Tem Strata Owners Association Malaysia: Flat rate for maintenance is fair
PETALING JAYA (Oct 26): The Pro Tem Strata Owners Association Malaysia today said a flat rate for maintenance fees in mixed developments is a better way to protect residential property owners’ interests.
The value of New Village property
Decades-old rundown wooden houses with zinc roofs, interspersed with the occasional newer brick and mortar abodes is what you’ll see when passing through a New Village or Chinese New Village in Malaysia.
