Penang agrees to waive approval fees for Mapex property buyers
PETALING JAYA (July 5): Those buying homes at the Malaysia Property Expo (Mapex) in Penang will be exempted from approval fees, said state executive council member Jagdeep Singh Deo.
DBKL to include shophouses and industrial areas in sanitation blueprint
KUALA LUMPUR (July 5): Dewan Bandaraya Kuala Lumpur (DBKL) plans to include shophouses and industrial areas in its sanitation blueprint and city ratings after it successfully rated 22 areas within Kuala Lumpur’s 11 constituencies, pending discussions with the Housing and Local Government Ministry (KPKT), reported The Star.
Survey: Effective property management leads to more lease renewals and tenant stability
PETALING JAYA (July 3): Effective property management services create value for building tenants and investors as they increase occupancy rates by encouraging lease renewals and tenant stability due to improved talent retention, according to a survey by international property consultancy CBRE.
Three more ministers to be appointed after being made senators, says PM
KUALA LUMPUR (July 2): Three more ministers will only be appointed after they have been have been sworn in as senators, the Prime Minister Tun Dr Mahathir Mohamad said today.
Zenith proposes Penang undersea tunnel alternative
PETALING JAYA (July 2): Consortium Zenith Construction (CZC) Sdn Bhd is proposing to build a bridge in lieu of the RM6.
Sabah wants total ban on sand mining and dredging in Keningau
KUALA LUMPUR (July 2): Sabah’s of Agriculture and Food Industry ministry wants a total and immediate ban on sand mining and dredging activities in Keningau.
HK’s red-hot property market exorcises ‘haunted’ apartment phobias
PETALING JAYA (July 1): Hong Kong’s red-hot property market has driven away fears of hongza – “haunted” apartments where tragic deaths took place – as buyers seek cheaper deals amid escalating prices and punishing taxation meant to curb price growth, reported Reuters.
Agile aims to launch RM12.6 bn projects in Malaysia over next three years
KUALA LUMPUR (June 30): China’s Agile Group is aiming to launch projects in Malaysia with GDV of RM12.
Companies to pay more for electricity from July 1
PETALING JAYA (June 29): Companies must pay more for electricity beginning July 1 to December 2018 due to a surcharge for higher fuel and generation costs, said Tenaga Nasional Bhd (TNB).
Red Ideas on growth momentum following listing
PETALING JAYA: Red Ideas Holdings Bhd, the company that developed the property management app Graaab JaGaApp, has seen its business gain traction since its listing on the Bursa Malaysia Leading Entrepreneur Accelerator Platform Market in November 2017.
