News about JE

KUALA LUMPUR (Sept 1): The Housing and Local Government Ministry (KPKT) will meet with the developer of the Forest City megaproject project on Monday to learn more about the project, its minister Zuraidah Kamaruddin (pictured) revealed today.

SELANGOR (Sept 1): Housing and Local Government Minister (KPKT) Zuraida Kamaruddin has described the Eco Majestic township in Semenyih as the “best she has visited so far” as a minister.

KUALA LUMPUR (August 28): The consultant appointed to review awarded contracts related to the Pan Borneo Highway in order to reduce government spending, was given two weeks to complete, after which they must present their findings to the government.

KUALA LUMPUR (Aug 28): The government is likely to cease the award of big infrastructure projects to project delivery partners (PDPs) after incidences of cost overruns that affected the government's budget, said special officer to the Finance Ministry Tony Pua.

More than three months in, what has the government done right so far? What has it missed? More importantly, how should it move forward?  Focusing on the housing and property sector, EdgeProp.

PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.

PETALING JAYA (Aug 24): The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew.

KUALA LUMPUR (August 24): S P Setia Bhd plans to launch new projects with an estimated gross development value (GDV) of RM4.

KUALA LUMPUR (Aug 20): Lawyers are demanding that Penang’s High Court building (pictured) in Light Street here be repaired as they feel that it is already dangerous to people working there.

KUALA LUMPUR (Aug 16): Malaysia will strive to prove that the private aircraft owned by businessman Low Taek Jho or Jho Low was bought with money stolen from the country, Tun Dr Mahathir Mohamad said today.