Illegally built homes housing foreigners torn down
KUALA LUMPUR (Oct 16): Double-storey terraced houses illegally constructed and housing foreigners with permanent resident (PR) status have been torn down.
Puncak Niaga appoints Abdul Jalil Abdul Karim as new MD
KUALA LUMPUR (Oct 16): Puncak Niaga Holdings Bhd has appointed Datuk Abdul Jalil Abdul Karim as its new managing director, effectively immediately.
More than half of Malaysians affected by poor indoor air quality
KUALA LUMPUR (Oct 16): According to a survey conducted by Nippon Paint Malaysia Group, about 60% of Malaysians are suffering because of poor indoor air quality.
Auditor in bid to stop 1MDB probe decision from going public
KUALA LUMPUR (Oct 16): An auditor has obtained an injunction preventing the Disciplinary Committee (DC) of the Malaysian Institute of Accountants (MIA) from making public any adverse decision concerning a 1Malaysia Development Bhd (1MDB)-related investigation against him.
City folk urged to provide feedback for Kuala Lumpur 2040 Development Plan
KUALA LUMPUR (Oct 15): Kuala Lumpur City Hall (DBKL) wants ratepayers to participate in engagement sessions next year to help the local authority draft the Kuala Lumpur 2040 Development Plan (KL2040DP), the Star reported today.
1MDB forfeiture suit: AGC to respond to Yayasan Tun Hussein Onn's representation by Oct 25
KUALA LUMPUR (Oct 15): Yayasan Tun Hussein Onn is still awaiting the Attorney-General's Chambers' written reply to its representation letter against the forfeiture of RM1.
Paramount Property lauds government's move to open up property market
PETALING JAYA (Oct 15): Paramount Property Development Sdn Bhd lauded the government’s move to lower the property price threshold for foreign ownership as this is a good way of managing market inventories while welcoming global citizens to Malaysia, thus creating vibrancy to the market.
Axis REIT to buy property in Johor for RM65m cash
KUALA LUMPUR (Oct 15): Axis Real Estate Investment Trust (REIT) is planning to acquire a single-storey warehouse-cum-office building in Johor for RM65 million cash, from Rancak Beta Sdn Bhd.
Dr M: Foreigners won't get citizenship just by buying RM600,000 worth of property
LANGKAWI (Oct 14): Prime Minister Tun Dr Mahathir Mohamad today said the decision to lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 was meant to reduce supply overhang of condominiums and apartments.
Beware of over-enforcement
The move by the Kajang Municipal Council (MPKJ) to authorise the seizure of belongings of strata property maintenance fee defaulters of an apartment project and the subsequent auction of said chattels and movable properties has alerted the public about the severe consequences of failing to settle outstanding charges and contribution pursuant to the Strata Management Act, 2013 (SMA).
