Victoria to ban flammable building cladding
PETALING JAYA (March 10): Victoria will ban the use of flammable cladding material in its response to the tragic Grenfell Tower fire in London last year that claimed 71 lives, reported The Age.
Bangladeshis running illegal homestay biz arrested
PETALING JAYA (March 10): Immigration officers arrested 28 Bangladeshis for running a homestay business at a luxury home in Kuala Lumpur without valid documents, reported The Star.
Inspen: One agency can monitor affordable housing supply and demand
KUALA LUMPUR (March 9): The formation of just a single agency tasked with the distribution of affordable houses can facilitate the monitoring of their supply and demand, said National Institute of Valuation (Inspen) Director Mohd Khairudin Abd Halim.
Australian served RM98.3m legal demand by Malaysian “political operative” over failed property deals
PETALING JAYA (March 8): A former Australian civil servant has received a letter of demand for over A$20 million (RM60.
Third-tier shopping mall performance may worsen, says REIT manager investment head
PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.
Centennial’s largest office in Southeast Asia to open in Malaysia at end-March
PETALING JAYA (March 7): Singapore-based Centennial Business Suites Ptd Ltd will be opening its second serviced/co-working space at KL Sentral by the end of this month, said its CEO Melvin Lim.
TA Global says it has no dealings with Jared Kushner
KUALA LUMPUR (March 7): TA Global Bhd and its CEO Tiah Joo Kim have not been questioned by the FBI, nor do they have any business dealings with US President Donald Trump’s son-in-law Jared Kushner, according to the group’s statement yesterday.
PPR tenants offered RTO scheme
KUALA LUMPUR (March 6): People's Housing Project (PPR) tenants will be able to buy their units through a rent-to-own (RTO) scheme, according to a Bernama report.
Remand extended for Datuk Seri in Penang undersea tunnel bribery case
PETALING JAYA (March 5): The remand on a businessman with a “Datuk Seri” title who had allegedly accepted RM19 million in bribes to stop investigations into the RM6.
Semarak Residence records 45% take-up rate
PETALING JAYA (March 5): Felcra Properties Sdn Bhd, a subsidiary of Felcra Bhd, saw its latest luxury residence project Semarak Residence achieve a take-up rate of 45% since its launch in December 2017.
