News About Putrajaya
PUTRAJAYA (Jan 15): Putrajaya Magistrate’s Court today extended by another five days the remand order on two “Datuks” in the Malaysian Anti-Corruption Commission’s (MACC) probe into the Penang undersea tunnel project, Bernama reported today.
KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.
PETALING JAYA (Jan 10): Two men with "Datuk" titles were remanded today over investigations into the proposed RM6.3 billion Penang undersea tunnel project.
PUTRAJAYA (Dec 19): Putra Perdana Development Sdn Bhd’s (PPD) latest landed development launch, Hening, was 40% booked over the weekend following its official launch on Saturday (Dec 16).
PETALING JAYA (Dec 6): A ministry-level committee will be set up to review appeals by developers to build luxury properties priced from RM1 million in selected locations across major cities, said Urban Wellbeing, Housing and Local Government Minister Noh Omar.
PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.
The property development arena has been in a state of flux in the last week, sparked by Putrajaya’s directive to freeze all new applications for shopping malls, offices, serviced apartments and condominiums priced at RM1 million and above.