News about Malaysia

KUALA LUMPUR (April 6): Lion Diversified Holdings Bhd said part of its land in Kuala Langat district in Selangor has been compulsorily acquired by the land office, with a compensation sum of RM11.

KUALA LUMPUR (April 5): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Line (ECRL) project, says only 30% of the total workers involved in the RM60 billion project will be foreigners from China and other Asian countries, allaying concerns that the project is mostly run by the Chinese.

KUALA LUMPUR (April 2): There are now no more toll booths on Batu Tiga and Sungai Risau.

10年前最受欢迎的房屋设计，在今天可能已经不再新潮，因为买家的需求和品味会随着时代的变迁而改变。 举例来说，高楼住宅在30年前相当罕见，但如今处处都是高楼大厦；10年前，人们只求能有一瓦遮头，今时今日人们买房还会把生活品味纳入考量。 大马建筑师协会主席Ezumi Harzani Ismail告诉EdgeProp.

KUALA LUMPUR (March 30): Berjaya Assets Bhd (BAssets) has proposed a bonus issue of 1.

KUALA LUMPUR (March 30): Several economists have kept their end-2018 overnight policy rate (OPR) forecast unchanged at 3.

  PETALING JAYA (March 28): Perbadanan PR1MA Malaysia (PR1MA) has reminded the public to beware of individuals offering to help secure PR1MA homes.

PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.

PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.

PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.