News about AG

PETALING JAYA (Nov 1): Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market.

KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.

KUALA LUMPUR (Oct 25): Gagasan Nadi Cergas Bhd rose to an all-time high on Monday morning (Oct 25) after securing an affordable housing project in Selangor with a gross development value (GDV) of RM1 billion.

KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.

PETALING JAYA (Oct 21): According to Real Estate and Housing Developers’ Association Malaysia (REHDA), as at Sept 30, 2021, a total of 73,503 houses worth of RM56.

In our earlier article “Renovation: Get it right from the start”, we have discussed the emergence of the renovation industry due to the mass housing developments which fail to meet individual buyers’ needs.

Read also DONE DEAL: Single-storey terraced house at Taman Salak Selatan, Kuala Lumpur DONE DEAL: Condominium unit at One Ampang Avenue, Ampang, Selangor Subang has always been a well-established and popular industrial property address as it is strategically located in the central region of Selangor and well-connected by major highways such as KESAS and LDP.

KUALA LUMPUR (Oct 8): Property developer Paragrene Land Bhd is to float on the Main Market of Bursa Malaysia, with the funds raised from the exercise to be used to pay for project development expenses.

KUALA LUMPUR (Oct 4): A unit of Ni Hsin Group Bhd, formerly known as Ni Hsin Resources Bhd, has entered into a brand partnership deal with the Malaysian Institute of Estate Agents (MIEA) to market its products and services to registered members of MIEA.

PETALING JAYA (Sept 30): The High Court has ruled that the 1 Mont’Kiara dan Kiara 2 Management Corp (MC) has committed an error of law in imposing charges contrary to the expressed powers under section 60 (3) Strata Management Act 2013 (SMA) in May this year.