News about AI

  PETALING JAYA (Oct 11): While the government’s move to reinstate the maintenance of low and medium cost strata housing is laudable, it is likely that the state of these houses will fall back to square one if the real issue is not tackled, according to the Malaysian Institute of Property and Facility Managers (MIPFM).

  PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.

  PETALING JAYA (Oct 11): It is a very “low-profile” budget overall, observes the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

PETALING JAYA (Oct 11): The government will revise the real property gains tax (RPGT) imposed on the disposal of properties after a five-year period, by individual citizens and permanent residents.

Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO) scheme.

The Government also wanted to strengthen the trade relationship with Thailand through the development of logistic hubs in the Special Border Economic Zone (SBEZ) of the Kota Perdana in Bukit Kayu Hitam of 100 acres.

KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.

KUALA LUMPUR (Oct 11): Syarikat Perumahan Negara Bhd (SPNB) has come under attack from opposition party MCA over delayed payments to contractors involved in the Rumah Mesra Rakyat 1Malaysia (RMR1M) projects, reported The Star today.

IPOH (Oct 10): A group of Orang Asli handed over RM15,000 in alleged bribe money supposedly from a logging company to the Malaysian Anti-Corruption Commission (MACC) yesterday, the Star, Harian Metro and Berita Harian reported.

KUALA LUMPUR (Oct 10): Putrajaya does not plan to get rid of the Real Property Gains Tax (RPGT) for the time being “as it has not reached the one-year implementation period”, the Finance Ministry said, The Star reported today.