PETALING JAYA (Aug 14): The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in Malaysia.
PETALING JAYA (Aug 14): Selangor folk use an average of 210 litres of water or 140 large bottles of mineral water per day – and this will lead to a water shortage if water usage levels remain that high even with a growing population.
Water treatment and services sector Maintain neutral: The Selangor state government’s special purpose vehicle Pengurusan Air Selangor Sdn Bhd issued a statement last Friday to refute former Selangor menteri besar Tan Sri Abdul Khalid Ibrahim’s allegation that the current state government is giving “special treatment” to water treatment operator Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH) for the purchase price of the water concession.
KUALA LUMPUR (Aug 14): Malton Bhd said Pavilion Real Estate Investment Trust (REIT) has agreed to participate in the ownership of its ongoing shopping mall development called Pavilion Bukit Jalil located in Bukit Jalil City here.
KUALA LUMPUR (Aug 13): While some building materials will be exempted from the soon-to-be implemented Sales and Services Tax (SST), house prices may not come down due to the increase in other cost components, said Housing and Local Government (KPKT) Deputy Minister Datuk Raja Kamarul Bahrin Shah.
KEPONG (Aug 13): A family of three were scammed out of more than RM620,000 by a syndicate claiming to be able to assist them in buying three semi-detached houses developed by Selangor State Development Corp (PKNS).
PETALING JAYA (Aug 13): The new National Housing Policy which is due to be announced in the next month or two aims to ease loan approvals for prospective home buyers, reported The Sun.
KUALA LUMPUR (Aug 11): The Housing and Local Government Ministry (KPKT) will introduce a new housing policy in September that would benefit the lower income citizens in East Malaysia, reported Bernama today.
KUALA LUMPUR (Aug 11): Prime Minister Tun Dr Mahathir Mohamad (pictured) today visited superyacht Equanimity docked at the Boustead Cruise Centre in Port Klang today.
KUALA LUMPUR (Aug 11): Sime Darby Property is inviting bids for two prime parcels of land in Kuala Lumpur and Penang island, The Edge Malaysia reported in its Aug 13 issue.
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