PETALING JAYA (Aug 27): A manager at a property development company was arrested by police for swindling interested buyers of affordable homes in Johor out of RM5,000 each, reported The Star.
KUALA LUMPUR: Only the finance minister has the authority to extend the two weeks given to the Royal Customs Department to refund goods and services tax (GST) inputs paid by businesses.
The government plans to announce a new national housing policy, and set up one entity to handle affordable housing, a move which has seen the property development sector grow more positive, though cautious.
It is not easy serving the people, as many of the new Malaysian cabinet ministers are quickly finding out.
The Pakatan Harapan (PH) coalition had marched into the 14th General Election with a clearly delineated manifesto which promises to revamp the system, wipe out corruption, revive the economy and lower the cost of living, among others.
Malaysia’s coming 61st National Day promises to be like no other.
KUALA LUMPUR (August 23): A growing demand for co-working spaces and flexible working solutions in the region, including in Malaysia, is helpful in counteracting the current oversupply of commercial offices, said global workplace provider Regus.
PETALING JAYA (Aug 21): Legendary Hollywood actor Meryl Streep's Tribeca penthouse is on the market with an asking price of US$24.
PETALING JAYA (August 21): In new developments on the Highland Towers site, the proposed plan is to build 50 bungalows on 8ha of land around the site, turning the current location of the old towers into the recreational park that Housing and Local Government Minister Zuraida Kamaruddin spoke of on Aug 19.
PETALING JAYA (Aug 16): A 2015 amendment to the Housing Development (Control & Licensing) Act (HDA) in 2015 aimed at protecting home buyers is further strangling the cashflow of property developers whose sales are already slow, reported The Edge Malaysia.
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