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.
Not yet 25 and already a billionaire, thanks to parents’ gift
HONG KONG (Oct 25): If you were slogging away to make sure you make enough to cover this month’s rent, you might want to consider skipping this news.
LBS launches first high-rise residential project in Alam Perdana
PETALING JAYA (Oct 25): LBS Bina Group Bhd has unveiled the first high rise development in LBS Alam Perdana township, which has a gross development value (GDV) of RM562 million.
Glomac's 121 Residences Tower A achieves above 90% take-up
PETALING JAYA (Oct 24): Glomac Bhd, quiet in the past two years, recently created excitement in the Petaling Jaya property market when its Tower A launch of 121 Residences just last month sold like hotcakes.
Different maintenance rates allowed for MC, so why not JMB, says BMAM and PPK
PETALING JAYA (Oct 24): The Court of Appeal’s ruling to disallow Joint Management Bodies (JMBs) to charge different rates of service fees for different components within mixed-use developments is based on a strict interpretation of the Strata Management Act 2013 (SMA) and the Strata Management (Maintenance and Management) Regulations 2015, said Building Management Association of Malaysia (BMAM) and the Malaysia Shopping Malls Association (PPK).
Reclaimed land handover to Penang state has begun
PETALING JAYA (Oct 24): The handing over of reclaimed land off Gurney Drive to the Penang government has begun.
Special committee to have public consultations on IPCMC
KUALA LUMPUR (Oct 24): Parliament’s special select committee on the consideration of bills will have four public consultation sessions on the Independent Police Complaints and Misconduct Commission (IPCMC).
IHH reportedly in talks to sell two Indian assets
KUALA LUMPUR (Oct 23): IHH Healthcare Bhd is reportedly in talks to sell two of its major assets in India back to their original founder-promoters.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.