KUALA LUMPUR (Oct 11): The federal government plans to proceed with the Rapid Transit System (RTS) between Johor Bahru and Singapore to solve the long-standing traffic congestion on the Causeway.
KUALA LUMPUR (Oct 11): Finance Minister Lim Guan Eng said the Cabinet has approved the takeover of four highways in the Klang Valley, namely the Shah Alam Highway (KESAS), Damansara-Puchong Highway (LDP), Sprint Highway and the SMART Tunnel.
KUALA LUMPUR (Oct 11): The government has proposed to continue developing the currently on-hold Bandar Malaysia project (pictured), after having negotiated for better terms.
Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO) scheme.
PETALING JAYA (Oct 11): The government today has proposed to lower the minimum price threshold for the foreign purchase of high-rise property specifically condominiums and apartments in urban areas, from RM1 million currently to RM600,000 effective 2020.
KUALA LUMPUR (Oct 11): The 2020 Budget deficit target has been revised to 3.
To bridge the urban and rural gap, the government will expand the coverage of basic infrastructure for rural areas, especially for Sabah and Sarawak.
The Government has decided to continue the Bandar Malaysia project which spans 486 acres in Sungai Besi, Kuala Lumpur after negotiating to obtain better terms for the government.
The government will allocate RM15 million for the Bandar Selamat initiative and will cooperate with the local authorities to prepare road lamps, motorcycle parking areas with a safety and anti-Panjat fence and other security programmes.
To reduce the high number of unsold condominiums and apartments amounting to RM8.
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