News about Lat

PETALING JAYA (Jan 16): About 1,000 potential homebuyers showed up to ballot for Platinum Victory Sdn Bhd’s affordable homes under the Rumah Wilayah Persekutuan (RUMAWIP) scheme — VISTA Wirajaya and VISTA Wirajaya 2 — on Sunday afternoon, said the developer in a press release.

KUALA LUMPUR (Dec 6): Shares in IJM Corp Bhd (IJM) took a a breather and fell 1.

PETALING JAYA (Dec 2): The National Land Council (MTN) has agreed to set a minimum depth for acquisition of underground land for development purposes, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

PETALING JAYA (Oct 27): Residential property loans made up a larger proportion of household debt – which rose by 5.

KUALA LUMPUR (Oct 11): Shares of AWC Bhd fell  3.

KUALA LUMPUR (Oct 10): After over one year of deference, the RM130 million contract awarded to AWC Bhd by the federal government to maintain the Integrated Transport Terminal in Bandar Tasik Selatan (BTS) has been terminated.

PETALING JAYA (Sept 30): Titijaya Land Bhd has broken ground for its 3rdNvenue project along the Embassy Row along Jalan Ampang, which features 430 sq ft units priced from RM299,000 in what the developer touts as “a definite benchmark for affordability”.

KUALA LUMPUR (Sept 7): The Monetary Policy Committee of Bank Negara Malaysia (BNM) decided at its meeting today to maintain its overnight policy rate (OPR) at 3%.

KUALA LUMPUR (Sept 6): Property developer LBS Bina Group Bhd announced it will be buying Gerbang Mekar Sdn Bhd, the mall owner and operator of the M3 Mall in Gombak, for which it will be paying RM105 million in cash and kind, to enter the retail business.

PETALING JAYA (Aug 4): Developers are finding it difficult to comply with the requirement under the country’s stata management laws, such as the Strata Management Act 2013 (SMA), to submit the number of share units in a development when submitting their strata plans to the authorities.