News about ST

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

PETALING JAYA (April 7): The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.

KUALA LUMPUR (April 9): Gabungan AQRS Bhd, a construction and engineering service provider as well as niche property developer, said its subsidiary is selling a piece of land for RM50.

FIVE years into the launch of the Low Carbon Cities Framework (LCCF) in Malaysia, we are starting to see some progress.

KUALA LUMPUR (April 6): Property consultancy CH Williams Talhar and Wong Sdn Bhd (WTW) has received a number of enquiries from local and foreign buyers – including investment funds and developers – to bid for the 7.

GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).

PETALING JAYA (April 5): Malaysian Resources Corp Bhd’s (MRCB) unit MRCB Builders Sdn Bhd will build a cold storage processing and distribution hub in Kajang for national retailing chain Giant.

REAL estate developers have become more creative in luring prospective homebuyers into committing to a purchase, even as property price growth in the country moderates.

•    While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.

KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.