News about M

KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.

KUALA LUMPUR (Sept 25): Tune Group Sdn Bhd and ECM Libra Financial Group Bhd, via their joint venture company Tune Plato Ventures Sdn Bhd, have acquired a 50% stake into home-sharing platform SubHome.

KUALA LUMPUR (September 25): Former prime minister Datuk Seri Najib Razak’s brother Datuk Mohamed Nizam Razak has resigned as Petra Energy Bhd’s non-independent and non-executive director, after holding the position for only seven months since February this year.

PETALING JAYA (Sept 24): The Merdeka PNB118 skyscraper coming up near Stadium Negara here will become an alternative location to Kuala Lumpur City Centre (KLCC), said its developer PNB Merdeka Ventures Sdn Bhd.

KUALA LUMPUR (Sept 24): Reiterating Prime Minister Tun Dr Mahathir Mohamad's stance, Finance Minister Lim Guan Eng emphasised that while Malaysia welcomed all foreign property investors, it was opposed to the construction of townships exclusively for foreigners.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

KUALA LUMPUR (Sept 24): To ease the burden of developers and bring down home prices, skilled foreign labour applying to extend their employment tenure need only pay 80% of the annual RM10,000 levy on foreign workers, said Finance Minister Lim Guan Eng today.

SHAH ALAM (Sept 21): The Real Estate and Housing Developersʼ Association (Rehda) is conducting a case study on building costs after the implementation of the Sales and Service Tax (SST) regime.

PETALING JAYA (Sept 20): Eco World Development Group Bhd (EcoWorld Malaysia) has achieved a total sales of RM2 billion this year as at Aug 31, 2018.

KUALA LUMPUR (Sept 19): Malaysia needs an economic road-map to chart a path from global kleptocracy to sustainable growth, said Finance Minister Lim Guan Eng.