News about ICE

PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.

KUALA LUMPUR (Nov 6): Encorp Bhd's indirect wholly-owned subsidiary Encorp Iskandar Development Sdn Bhd (EIDSB) has served a notice of arbitration against Konsortium Ipmines Merz Sdn Bhd (KIMSB), seeking RM11.

KUALA LUMPUR (Nov 1): Hong Kong is known for having sky high property prices but it looks like political and social turmoil has at last impacted the property market.

KUALA LUMPUR (Nov 1): PLB Engineering Bhd’s managing director (MD) Datuk Dr Ong Seng Soon was vacated from office with effect from today.

PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.

PETALING JAYA (Oct 30): Mohd Khairudin Abdul Halim has been appointed the director general of valuation and property services of the Department of Valuation and Property Services (JPPH) and the president of the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).

PETALING JAYA (Oct 26): The Pro Tem Strata Owners Association Malaysia today said a flat rate for maintenance fees in mixed developments is a better way to protect residential property owners’ interests.

KUALA LUMPUR (Oct 25): The retail price of RON97 petrol will decrease by nine sen per litre to RM2.

PETALING JAYA (Oct 24): Khazanah Nasional Bhd is closing down its office at the Petronas Twin Towers in KLCC to lower overall operational costs, according to a report today in Free Malaysia Today.

KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.