News about ST

KUALA LUMPUR (Oct 24): Construction analysts see the proposed RM55 billion East Coast Rail Line project as the only excitement in Budget 2017.

MENTION Taman U-Thant in Ampang, Kuala Lumpur and images of posh mid-rise condominiums and the numerous foreign embassies located there will immediately pop up in our minds.

KUALA LUMPUR (Oct 21): The Master Builders Association Malaysia (MBAM) said the government should take note that the construction industry needs foreign workers to fill in the demand-supply gap for manpower in the industry.

KUALA LUMPUR (Oct 21): Real estate consultants are worried that the increase in stamp duty for real estate transactions priced above RM1 million from 3% to 4% starting January 2018 will have a  negative impact on the property market.

KUALA LUMPUR (Oct 21): Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes.

KUALA LUMPUR (Oct 21): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) had hoped for more measures to be announced by the government to restore the slowdown in the property market.

KUALA LUMPUR (Oct 21): MIDF group managing director Datuk Mohd Najib Abdullah said Budget 2017 has been dedicated to assisting the B40 income group, especially in the area of affordable housing.

KUALA LUMPUR (Oct 21): Stamp duty will be exempted for property transfers and housing loan instruments to help reduce the cost of first-time home ownership.

KUALA LUMPUR (Oct 21): The construction sector is expected to expand 8.

KUALA LUMPUR (Oct 20): CapitaLand Malaysia Mall Trust (CMMT)’s third quarter ended Sept 30, 2016 (3QFY16) saw its distributable income rise 3.