IGB REIT 3Q earnings, gross DPU within expectations
IGB Real Estate Investment Trust (Oct 24, RM1.
Lower property price threshold for foreigners: It could attract Singaporeans
KUALA LUMPUR (Oct 19): There could be “some positive reaction from Singaporeans” when the foreign property price threshold reduction from RM1 million to RM600,000 kicks in, a property expert told Free Malaysia Today (FMT).
RTS to proceed, but will take some time: PM
KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.
Johor-Singapore rail link to proceed, but details scarce
KUALA LUMPUR (Oct 11): The federal government plans to proceed with the Rapid Transit System (RTS) between Johor Bahru and Singapore to solve the long-standing traffic congestion on the Causeway.
DONE DEAL: Serviced apartment, D'Esplanade Residence, Taman Abad, Johor Bahru
Sold for: RM570,000 (about RM599psf) Concluded by: Usha A/P R Lachumanan (REN 17124) of Gather Properties Sdn Bhd (016-720 0135) When: August 2019 Noteworthy: ● Freehold ● 2 bedrooms and 2 bathrooms ● Built-up: 952 sq ft ● Fully furnished with fridge, sofa, cabinets, TV, mattresses, air-conditioners, water heaters Read also DONE DEAL: Courtyard apartment, Adora, Desa ParkCity, KL DONE DEAL: 3-storey terraced house, Halamanda @ Gombak, Selangor Sitting on top of KSL City Mall in Johor Bahru and surrounded by ample amenities, including eateries, supermarket and bank, D’Esplanade Residence is accessible via Tebrau Highway and Jalan Tun Abdul Razak.
Property glut: Johor mulls lowering price threshold for foreigners
JOHOR BAHRU (Sept 20): The Johor government is considering lowering the current RM1 million price threshold for foreigners to buy properties in the state, a report in the Malay Mail said today.
Umno Pekan's bid to strike out MACC notice for forfeiture dismissed
KUALA LUMPUR (Aug 30): The High Court today dismissed an application by the Umno Pekan division led by former premier Datuk Seri Najib Razak to strike out a forfeiture notice after it had failed to name its office bearers, but allowed the prosecution to amend the notice.
Malaysia, Singapore reach 'an understanding' on RTS
KUALA LUMPUR (Aug 20): Transport Minister Anthony Loke (pictured) has updated that Malaysia has reached “some sort of an understanding” with Singapore on the deferred Johor Bahru-Singapore Rapid Transit System (RTS).
Damansara Realty's 2Q earnings lifted by JV project, lower expenses
KUALA LUMPUR (Aug 15): Damansara Realty Bhd recorded improved second quarter earnings, thanks to lower operating expenses and contribution from its joint venture (JV) development in Central Park, Johor Bahru.
Johor rivers dying
JOHOR BAHRU (Aug 13): Dead or dying rivers in the state require urgent action to ensure long-term water resources.
