News about DBKL

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa: “We hold off [on the new project approvals] for now until we establish a task force.

The directive was issued by Kuala Lumpur Mayor Datuk Seri Maimunah Mohd Sharif, according to a letter issued by DBKL's executive director for planning Datuk Zulkurnain Hassan on Monday.

Think City awarded eight applicants, who went through expert evaluations, workshops and a pitch event, with the grants.

Prime Minister Datuk Seri Anwar Ibrahim said based on his prior meetings with foreign companies and investors operating in Malaysia, there are two aspects for Malaysia to improve, namely the lack of specialised expertise at the highest level; and the speed of regulatory approval, which is still not satisfactory.

Tan Kian Aun, president of Malaysian Institute of Estate Agents: While property investors want to maximise their returns on investment, we also need to take into consideration of safety and also overcrowding of the apartment.

“The company is waiting to receive and review the grounds of judgement of the Federal Court and shall seek legal advice as to its next course of action in relation to the joint development agreement and to assess the potential impact to the financials of Malton and its subsidiaries,” Malton said in a bourse filing.

Nallini said the housing issue was a separate obligation by the state to the settlers, and DBKL should not cite the lack of provision of housing for them to justify the development order.

According to the apex court's judgement read by Nallini, the development order ought to be set aside because the mayor was a trustee of YWP.

The developer said Menara YNH has been conceptualised to be a hallmark mixed development consisting of serviced apartments, hotels, SoHo, offices, as well as retail space strategically located within the central business district of Kuala Lumpur.

The MOU aims to escalate efforts in pooling together ideas, resources and ecosystem partners to do more in making the city liveable, sustainable and prosperous, together.