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KUALA LUMPUR (Jan 17): The Housing and Local Government Ministry has revealed that the developer of the Forest City mega project in Johor “has yet to return with a plan” to provide affordable homes within the residential development, reported Malaysiakini today.

KUALA LUMPUR (Jan 17): The private sector adoption of the industrialised building system (IBS) currently stands at an estimated 35%, out of its 2020 target of 50%, said the Construction Industry Development Board (CIDB).

  KUALA LUMPUR (Jan 14): Former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor have denied any conspiracy to defraud controversial carpet trader Deepak Jaikishian of prime land in Bukit Raja here as alleged in the latter's RM576 million suit against the couple and two others, Malaysiakini reported today.

PENANG (Jan 4): The Bukit Kukus landslide occurred owing to the lack of worksite safety, said Penang Chief Minister Chow Kon Yeow (pictured).

PETALING JAYA: The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding period as there would be no motivation for longer term investment, said a tax expert.

KUALA LUMPUR (Jan 11): A central plan by the government to address the issue of affordable housing could lead to losses that may "fall on taxpayers' shoulders", warned the Institute of Democracy and Economic Affairs (IDEAS).

KUALA LUMPUR (Jan 10): S P Setia Bhd said its wholly-owned subsidiary Setia Fontaines Sdn Bhd has been advised by solicitors that the latter's acquisition of five adjoining parcels of freehold land in Penang from Boustead Plantations Bhd should be exempted from the goods and services tax (GST), based on Malaysia's tax laws.

PETALING JAYA (Jan 10): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the ministry is working on “rebranding” the money lending licence to encourage public to borrow from legitimate money lenders instead of 'Ah Long' (loan sharks or illegal money lenders).

PETALING JAYA (Jan 10): The newly established National Affordable Housing Council which held its first meeting recently, will introduce the National Affordable Housing Policy by end of the month.

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