Agile Embassy Garden to transform the skyline of KL's Embassy Row
PETALING JAYA (Ocy 15): Agile Property Development Sdn Bhd will be unveiling its third project in Malaysia, Agile Embassy Garden in Jalan Ampang, Kuala Lumpur soon.
G3 says yet to receive decision from TPM on bid for land to develop AI park
KUALA LUMPUR (Oct 14): G3 Global Bhd said it has submitted a tender offer to Technology Park Malaysia for the development of a piece of land there, but has yet to receive any official decision on the matter.
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Mammoth Empire sells 61-acre tract in Damansara Perdana to Exsim Development for RM760m: Report
KUALA LUMPUR (Oct 14): Mammoth Empire Holding Sdn Bhd (MEH) has sold a 61-acre tract in Damansara Perdana, Selangor, to Exsim Development Sdn Bhd for RM760 million, reported The Edge Malaysia based on government documents.
Long-term property owners will be paying less for RPGT
PETALING JAYA (Oct 12): The real property gains tax (RPGT) is still part of the Malaysian property market landscape, but Putrajaya has heeded public opinion and making enhancements by revising the base year of calculation.
More choices to take a nap at klia2
Ever wish to lie down when you are tired due to an odd time flight or waiting for a transit? Container Hotel Group (CHG), the operator of CapsuleTransit in Kuala Lumpur International Airport 2 (klia2), is mulling new additions to the airport to satisfy different demands.
Budget 2020: Still need more to stimulate property market, says Rehda
PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.
Putrajaya raises minimum wage to RM1,200 for urban workers
KUALA LUMPUR (Oct 11): The government has proposed to raise the minimum wage to RM1,200 per month for those in major cities only, effective 2020.
Budget 2020's real estate highlights
Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO) scheme.
Economic Outlook 2020 Report: Household debt increases slightly to RM1.22 tril
KUALA LUMPUR (Oct 11): The overall household debt increased slightly to RM1.
1MDB-Tanore trial: Prosecution to start contempt proceedings against Lokman for allegedly threatening witness
KUALA LUMPUR (Oct 10): The prosecution in the 1Malaysia Development Bhd-Tanore trial will proceed in instituting contempt proceedings against Umno Supreme Council member Datuk Lokman Noor Adam for allegedly threatening its witness Datuk Amhari Efendi Nazaruddin.
