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KUALA LUMPUR (May 18): Yong Tai Bhd’s chief executive officer Datuk Wira Boo Kuang Loon is injecting RM36 million in cash into the developer, raising his stake to 20% to sustain the group’s ongoing property development projects.

KUALA LUMPUR (May 16): The Defence Ministry said today it will lodge a report with the Malaysian Anti-Corruption Commission (MACC) on the remaining 14 land-swap projects involving tracts owned by the ministry.

KUALA LUMPUR (May 16): The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Rail Link (ECRL) project.

KUALA LUMPUR (May 16): Ihsan Perdana Sdn Bhd managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) told the court that he did not know the RM42 million cash transfers made by the company between Dec 26, 2014 and Feb 10, 2015 went into former premier Datuk Seri Najib Razak's accounts.

KUALA LUMPUR (May 13): The government will no longer provide allocation of affordable homes built by the government for civil servants and Housing and Local Government (KPKT) Minister Zuraida Kamaruddin (pictured) today revealed the reasons for such a move.

BUKIT MERTAJAM (May 13): A development near Kampung Besar Berapit here has been ordered to stop work by the authorities for neglecting soil erosion mitigation on its hillside project.

  SHAH ALAM (May 11): Housing and Local Government Ministry (KPKT) has signed a Memorandum of Understanding (MoU) with eight companies from China, for future potential foreign direct investment and technology knowledge transfer towards Malaysia’s affordable housing development.

KUALA LUMPUR (May 10): MyHSR Corp Sdn Bhd, the Malaysian project delivery vehicle of Kuala Lumpur-Singapore high-speed rail (KL-Singapore HSR) project, yesterday called for a tender to appoint a commercial advisory consultant (CAC) for the project review exercise.

The National Home Ownership Campaign 2019 (HOC) could be one good way to help tackle the overhang situation in the current residential property market but the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong opines that the initiative should extend to the secondary market to resolve the problem in a more effective way.

The Real Estate and Housing Developers’ Association (Rehda) lauded Housing and Local Government Minister Zuraida Kamaruddin’s willingness to listen to the needs of stakeholders in handling the various housing and development issues.