CCCC open to ‘equity partnership’ in bid to rescue ECRL
BEIJING (Sept 24): The Chinese contractor of the controversial East Coast Rail Link (ECRL) is still hopeful of rescuing the project and has expressed its willingness to take up an equity stake in the ECRL if the project resumes, according to its management when met by Malaysian media in China on Saturday during a trip organised by the Chinese government.
'Property market has seen the worst'
PETALING JAYA: The Malaysian property market has bottomed and more property purchasers are expected to return to the market in the coming months, according to Ahmad Zamzuri Kamarudin, the organising chairman of the Klang Valley edition of the Malaysia Secondary & Primary Property Exhibition 2018 (MASPEX2018 KL) organised by the Malaysian Institute of Estate Agents (MIEA).
Rat Catchers: Novel PPR house payment scheme
KUALA LUMPUR (September 22): Residents of People’s Housing Projects (PPRs) may soon be afforded a novel avenue to make money in order to settle their monthly house payments, by catching rats.
Melaka Gateway project to resume
MELAKA (September 22): The controversial Melaka Gateway project has been given the green light by the state government.
Penang projects may not be strong construction catalyst
The outlook remains uncertain in the local construction sector.
SST: Will property prices come down?
Following the abolishment of the Goods and Services Tax (GST), the Sales and Service Tax (SST) kicked off on Sept 1 promptly, but without a complete list of chargeable items, surprising many business operators and consumers.
Selangor govt mulls providing collateral support for Rumah Selangorku buyers
SHAH ALAM (Sept 21): Selangor state committee chairman for the Selangor state committee on housing and urban living Haniza Mohamed Talha has revealed that the state government is evaluating a proposal to provide collateral support to Rumah Selangorku (RSK) eligible buyers who has difficulty in securing their desired loan margin.
Rehda case study on SST to be unveiled soon
SHAH ALAM (Sept 21): The Real Estate and Housing Developersʼ Association (Rehda) is conducting a case study on building costs after the implementation of the Sales and Service Tax (SST) regime.
No more plastic straws in KL, Labuan, Putrajaya from 2019
PETALING JAYA (Sept 21): The Federal Territories Ministry will ban plastic straws in its jurisdiction from Jan 1, 2019, reported The Star.
