Ministry in talks to lower PSC
SEPANG (Nov 22): The government is looking at reducing the passenger service charge (PSC) collected by Malaysia Airports Holdings Bhd (MAHB).
Felda paid a hefty premium for assets, says Azmin
KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
Damansara Realty sees departure of two board members
KUALA LUMPUR (Nov 20): Two of Damansara Realty Bhd's (DBhd) directors have stepped down from the company's board effective immediately.
Bumiputera ownership will still be prioritised after Govt sells assets — Azmin
KUALA LUMPUR (Nov 20): The government, which has proposed to sell its non-strategic assets to raise funds, will ensure that Bumiputera participation remains in these assets after the sale, said Economic Affairs Minister Datuk Seri Azmin Ali.
FundMyHome an interesting option for first-time homebuyers, says minister
KUALA LUMPUR (Nov 19): Housing Minister Zuraidah Kamaruddin says the private-sector driven FundMyHome platform is an interesting option for first-time homebuyers as it will make it easier for them to buy a home.
Mah Sing's 3Q net profit falls as buyers adopted cautious stance pre-Budget 2019
KUALA LUMPUR (Nov 16): Mah Sing Group Bhd's net profit fell 30.
Naim Holdings wants to build 20,000 affordable homes in Sarawak
KUCHING (Nov 16): Naim Holdings Bhd wants to build 20,000 units of affordable homes priced at about RM300,000 each in the state over the next decade, reported The Star yesterday.
Main Place @ USJ21's developer clarifies condo fees and management issues
SUBANG JAYA (Nov 16): The developer of Main Place @ USJ21, Subang Jaya has said that its actions with the Joint Management Body (JMB) were “done as provided under the Strata Management Act 2013 and the original Sales and Purchase agreement (S&P)”, The Star daily reported yesterday.
MRT2 37% complete, on track to be completed by July 2021
KUALA LUMPUR (Nov 14): Klang Valley's second mass rapid transit line (MRT2) is more than 37% complete, and is on track for full completion by July 2021.
Homebuyers deferring purchase to next year for more budget perks, says analyst
KELANA JAYA (Nov 13): With all the favourable measures for first time homebuyers under Budget 2019 which will kickstart next year, RAM Ratings head of agribusiness, real estate and construction Thong Mun Wai expects property sales to improve early next year.
