New scheme offers RM100 shopping voucher for senior citizens
PETALING JAYA (April 30): The revamped Skim Mesra Usia Emas (SMUE) scheme will offer Selangor residents aged 60 and above a once-a-year RM100 shopping voucher for festive seasons.
Axis REIT 1Q NPI rises 24%, declares 2.35 sen DPU
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.
MMC confirms termination of PDP role for Pan Borneo Sabah
KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.
Take action against banks only if they don't lend to first-timers and buyers of affordable homes, says HBA
PETALING JAYA (April 27): Although the National House Buyers Association supports the move by the Ministry of Finance (MoF) to take action against banks who fail to give out housing loans to those eligible, the consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.
Group calls for more transparent advertising guidelines for primary housing market
KUALA LUMPUR (April 26): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is calling upon the Housing and Local Government Ministry to change primary housing market advertising regulations so that housing prices in advertisements are clearer in nature.
Forest City’s fully automated IBS Plant certified largest in the country
GELANG PATAH, JOHOR (April 26): Forest City’s Industrialised Building System (IBS) Plant has entered the Malaysia Book of Records (MBR) as the largest fully automated IBS factory in Malaysia.
‘Comparable valuation of properties contributes to inflated prices’
KUALA LUMPUR (April 26): One of the reasons house prices are inflated in certain parts of the country is the sales comparison approach used in evaluating property prices here, said Khazanah Research Institute (KRI).
Khazanah Research: Comparable property valuation leads to inflated prices
KUALA LUMPUR (April 25): Housing price discovery using the sales comparison approach is one of the reasons prices of residential units are inflated in certain parts of Malaysia, according to Khazanah Research Institute (KRI).
100% rebate for low, medium-cost building management offices
PETALING JAYA (April 25): Subang Jaya Municipal Council (MPSJ) is offering 100% rebate on assessment fee for management offices in low- and medium-cost flats or apartments under its municipality this year.
Salcon bags RM39.8m Langat 2 pipe installation package
KUALA LUMPUR (April 24): Salcon Bhd’s wholly-owned unit Salcon Engineering Bhd has secured a RM39.
