Bigger affordable housing allocation for Budget 2018

PETALING JAYA (Oct 5): The government will increase its allocation for affordable housing in Budget 2018 from RM700 million in the previous one as housing is one of the main concerns of the rakyat, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

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EPF, Gapurna to avoid MGO in MRCB cash call

KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.

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DONE DEAL: The Zest serviced apartment, Kinrara 9, Bandar Kinrara, Puchong

Sold for: RM572,000 (RM480 psf) Concluded by: Ken Lai Kian Yoong (REN 04845, 017-606 9056) and Lim Hui Lin (REN 11542, 018-2759199) from Polygon Properties Sdn Bhd When: April 2017 Noteworthy: ● Freehold ● Built-up: 1,191 sq ft ● Has a pool view ● Nearby amenities: restaurants, mini markets, banks, golf courses (Kinrara Golf Club, Bukit Jalil Golf Club and Mines Golf & Country Resort), shopping malls (Giant Kinrara, IOI Mall) and LRT Station along Ampang Line Extensions (between Station BK5 and Station Alam Sutera) Developed by Trinity Group of Companies, The Zest is a mixed development located in Bandar Kinrara 9, Puchong.

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