Housing Department plans PPR crackdown

KUALA LUMPUR (Jan 22): The National Housing Department will be cracking down on fraudulent or misuse of Public Housing Programme (PPR) tenancy nationwide soon, with the cooperation of local authorities, according to director-general Datuk Mohamad Yusoff Ghazali.

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MREITs may acquire more assets this year

MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).

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