News about TM

KUALA LUMPUR (May 2): Fugitive businessperson Low Taek Jho, also known as Jho Low, has stressed that the surrender of jewellery belonging to his mother, Evelyn Goh, does not amount to an admission of wrongdoing.

  KUALA LUMPUR (May 2): House buyers stand to benefit if primary market residential properties too, and not just secondary properties, are required to have a valuation done, say experts.

  KAJANG (April 30): The Malaysian property market has gradually improved over 2018 and is expected to stabilise this year, on the back of increases in volume and value of total transactions at the end of 2018, according to the National Property Information Centre (NAPIC) of the Department of Valuation and Property Services.

  KAJANG (April 30): The gap between the private and government sector valuation for developments needs to be narrowed, said Finance Minister Lim Guan Eng.

  KUALA LUMPUR (April 30): Axis Real Estate Investment Trust (REIT) net property income increased 24% for the first quarter ended March 31, 2019 (1QFY19) to RM48.

KUALA LUMPUR (April 25): The Malaysian economy is expected to grow at a slower pace from June to August 2019, the Statistics Department said today, citing its economic indicators based on the leading, coincident and lagging indexes.

  PETALING JAYA (April 17): Valuation and Property Services Department (JPPH) director Ahmad Zailan Azizuddin says the residential market has now stabilised, and should remain flat until the end of 2019, reports The Star.

  KUALA LUMPUR (April 16): Hektar Real Estate Investment Trust's (Hektar REIT) plan to double its assets value to RM2.

  KUALA LUMPUR (April 16): The higher allocation of works for local contractors for the East Coast Rail Link (ECRL) project is a positive for the construction sector, says CIMB Investment Bank (CIMB IB).

PETALING JAYA (April 11): Alternatives need to be sought for the Pan Island Link 1 (PIL 1) as the Federal Government is not providing financial aid for the highway project, says an NGO The Star reports that Penang Forum member Dr Lim Mah Hui said the state should treat the situation as an opportunity instead of a setback.