Budget 2016: Some views of agents
It has been announced that RM200 million has been allocated under Budget 2016 to help first-time buyers pay a deposit on an affordable home.
ECONOMIC REPORT 2015/16: Average cost of Malaysian homes hits the RM300,000 mark in 1H15
KUALA LUMPUR (Oct 23): The median home value in Malaysia has hit the RM300,000 mark in the first half of 2015 (1H15), with Selangor, Penang, Sabah and Sarawak continuing to exceed the average price since 2004.
Ringgit woes cast shadow over cement industry
KUALA LUMPUR (Oct 22): The protracted slump of the ringgit against the US dollar, which has plagued importers and harmed consumer sentiment with the threat of imported inflation, has also cast its shadow over the cement industry.
Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
KL-Singapore high-speed rail draws response from 150 firms to info request
KUALA LUMPUR (Oct 19): A total of 150 companies and consortia have responded to the request for information (RFI) exercise on the multi-billion ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, whose submission is still open till Nov 18, 2015.
MBAM wishes import duties for heavy construction machinery reduced, normalisation of foreign workers
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
A real test and the catalysts for Iskandar Malaysia
THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.
Penang’s first premium outlet mall to open ahead of schedule
GEORGETOWN (Oct 16): Penang’s first ‘premium outlet’ mall, Design Village Penang, in Batu Kawan, will open a month ahead of schedule in October 2016, according to Savills Malaysia managing director Allan Soo.
Pelaburan Hartanah Berhad to revive plans for former Unilever land in Bangsar, Kuala Lumpur
Pelaburan Hartanah Bhd (PHB) intends to revive its plans for a mixed-use development on the prime parcel in Bangsar, Kuala Lumpur, where Unilever Malaysia’s headquarters and factory had previously been located.
