Rehda hopeful of special tax for property segment in Budget 2017
KUALA LUMPUR (Sept 27): The Real Estate and Housing Developers' Association (Rehda) hopes the 2017 Budget will offer a special tax scheme for the property sector, Bernama reported today.
SkyLuxe records 80% take-up over weekend
BUKIT JALIL (Sept 27): High-end condominium SkyLuxe On The Park (SkyLuxe) by SkyWorld Development Group has received good response, recording 80% take-up since its official launch last weekend.
MIER: Malaysia's living cost, affordable housing crucial
SUBANG JAYA (Sept 27): Malaysia's Budget 2017 needs to outline long-term improvements in living cost and affordable housing to yield more positive changes.
Infrastructure works on TRX to start soon
1Malaysia Development Bhd’s (1MDB) wholly-owned subsidiary TRX City Sdn Bhd is starting infrastructure works on Tun Razak Exchange, which is located on a prime tract between Jalan Bukit Bintang and Jalan Tun Razak that was sold to the strategic investment fund for RM230 million or RM75 psf in 2010, say sources in the construction industry.
Malaysia's Public Sector Housing Financing Board's RM4b bond oversubscribed
KUALA LUMPUR (Sept 22): The Malaysian Government's Public Sector Housing Financing Board said its RM4 billion Islamic bond was oversubscribed more than three times, due to its "strong credit standing.
EPF buys 40% of DUKE concessionaire
KUALA LUMPUR (Sept 22): The Employees Provident Fund (EPF) is acquiring a 40% stake in the concessionaire of the Duta-Ulu Klang Expressway (DUKE) for RM1.
SPB to launch Aira Residence next month
THE mature neighbourhood of Damansara Heights will soon have a new member — Aira Residence by Selangor Properties Bhd (SPB).
6% interest fair rate for developers to charge house buyers, says Noh
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
