Danger of oversupply of affordable housing?

KUALA LUMPUR (Jan 17): The government should ensure that the many affordable housing schemes by various federal and state agencies will not create an oversupply of affordable homes in the market, said CBRE|WTW Malaysia.

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Count the cost of buying a property

First-time homebuyers often think they are ready to sign on the dotted line when they find their savings and monthly income are enough to cover the down payment and monthly instalments of their purchase.

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Three Felda board members under probe

KUALA LUMPUR (Jan 11): Three board members of Federal Land Development Authority (Felda) Investment Corp Sdn Bhd (FIC) who were supposed to be in office at the time of the controversial Jalan Semarak land deal are also under probe by the Malaysian Anti-Corruption Commission (MACC) over the purchase of hotels in London and Sarawak, the English daily New Straits Times reported today.

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MQREIT to dispose of property for RM28 million

KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.

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