9 things about the property market in 2019
More positive news and events came out of 2019 than in 2018, for sure.
Bandar Malaysia: Daim worried it could lead to bigger oversupply of property
KUALA LUMPUR (Dec 18): Tun Daim Zainuddin (pictured) is worried that the Bandar Malaysia mega development could exacerbate the oversupply of property in the country.
Bandar Malaysia project set to take off
PUTRAJAYA (Dec 17): TRX City Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance Inc has signed an agreement with IWH CREC Sdn Bhd (IWH-CREC) to develop the reinstated Bandar Malaysia mega project.
KL-Singapore HSR to go ahead after 'some adjustments', says Dr Mahathir
PUTRAJAYA (Dec 17): Prime Minister Tun Dr Mahathir Mohamad said the government will go ahead with the Kuala Lumpur-Singapore High Speed Rail (HSR) after making "some adjustments" to reduce the project's costs.
China's CCCG launches first project in Malaysia
KUALA LUMPUR (Nov 25): China-based China Communications Construction Group (CCCG) and joint venture partner WCT Holdings Bhd has launched Core Residence @ TRX in Kuala Lumpur today.
Govt to bear RM10.3b losses in Tabung Haji rescue plan (Updated)
KUALA LUMPUR (Nov 15): Putrajaya is to bear the difference of RM10.
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).
Exchange 106: First tenants expected to move in by December
KUALA LUMPUR (Oct 23): The developer of Exchange 106 at Tun Razak Exchange (TRX) expects the first tenants to move in by December this year, reported The Star today.
1MDB Energy IPO could have gone well if not for the negative publicity, says Shahrol
KUALA LUMPUR (Oct 7): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi said the initial public offering (IPO) of 1MDB Energy in 2015 could have been successful, if not for the negative publicity spread by the Opposition at the time.
1MDB-linked tower, Exchange 106, deemed fit for occupation
KUALA LUMPUR (Oct 3): Malaysia’s newest tallest skyscraper, Exchange 106, has received its Certificate of Completion and Compliance (CCC) from local authorities, according to a Malay Mail report yesterday.
