Will slowdown make houses more affordable?
THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.
Explain special privileges for Perak Umno building, says DAP rep
IPOH (Nov 17): The state government must explain why the Perak Umno building is able to sit on prime land by paying only a nominal premium charge of RM100 per lot, says Canning assemblyman Wong Kah Woh.
East Coast Expressway Phase 2 concession to be signed by year end
KUALA LUMPUR (Nov 17): The government will sign the concession agreement for the East Coast Expressway Phase 2 (LPT2) by the end of this year, said Deputy Works Minister Datuk Rosnah Abdul Rashid Shirlin (pictured).
Edu@Iskandar, like Rome, won’t be built in a day
IS Education@Iskandar, otherwise known as EduCity, living up to its promise? It started with a bang in 2012 when the first buildings were completed and a few of the educational institutions opened their doors to students.
Borrowing just to survive
KUALA LUMPUR (Nov 16): The Ministry of Finance said in the Economic Report 2015/16 that household debt rose to 88.
Khidmat Runding Jatipadu not authorised by 1MDB
KUALA LUMPUR (Nov 13): A third party not linked to or authorised by 1Malaysia Development Bhd (1MDB) and the government, is purporting to be the project manager for Bandar Malaysia and Tun Razak Exchange (TRX) developments.
Two bidders shortlisted for Bandar Malaysia stake sale
KUALA LUMPUR (Nov 13): The race to pick up a 60% stake in 1Malaysia Development Bhd’s (1MDB) prized project Bandar Malaysia is down to two bidders, one of which is said to be a consortium led by a China-based company in a tie-up with tycoon Tan Sri Lim Kang Hoo and several other local developers.
Adapting to Iskandar’s market demand
DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.
Ekovest co-founder Lim is Fiabci’s Property Man
KUALA LUMPUR (Nov 6): The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man while IJM Land Bhd’s non-executive director and former CEO and managing director Datuk Soam Heng Choon was awarded Property CEO at the 23rd Malaysia Property Awards (MPA) presentation ceremony here tonight.
Damansara Realty says bidding for PPA1M jobs in reply to UMA query
KUALA LUMPUR (Nov 6): Damansara Realty Bhd, which received an unusual market activity (UMA) query from Bursa Securities on the sudden rise of its share price which soared 50% to hit a five-month high today, said it is participating in a public tender to construct housing develpment under Projek Perumahan Penjawat Awam 1Malaysia (PPA1M) at Putrajaya.
