Mah Sing looks to increase landbank in Klang Valley in 2018
KUALA LUMPUR (Dec 20): Mah Sing Group Bhd is targeting to increase its landbank in Klang Valley to 75% of its total landbank, from the current level of 66%.
Govt maintains stamp duty rates for properties above RM1m in 2018
PETALING JAYA (Dec 20): The government will not raise the stamp duty rate from 3% to 4% on the instruments of transfer (Form 14A) for properties worth over RM1 million from Jan 1, 2018, as announced in Budget 2017, according to the Ministry of Finance (MoF).
Mara sells Melbourne property to fund manager for RM117.37m
KUALA LUMPUR (Dec 20): Majlis Amanah Rakyat (Mara) has sold a strata office property in the commercial business district of Melbourne to specialist property fund manager Placer Property Ltd for A$37.
TTDI residents hit back at FT Minister's claims
PETALING JAYA (Dec 19): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) has refuted several claims made by the Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor regarding issues related to the proposed high-rise development near Taman Rimba Kiara (TRK).
Taman Rimba Kiara defence movement not politically linked, say residents
PETALING JAYA (Dec 19): Taman Tun Dr Ismail (TTDI) residents have clarified that the move to save Taman Rimba Kiara (TRK) from destruction is a voluntary effort that is independent of any political affiliations.
Bina Puri rises 1.45% on bagging solar plant job
KUALA LUMPUR (Dec 19): Bina Puri Holdings Bhd shares rose 1.
Bina Puri bags its first power project in Malaysia
KUALA LUMPUR (Dec 19): Bina Puri Holdings Bhd has bagged a project from the Energy Commission to develop a 5mw solar photovoltaic plant in Kunak, Sabah under the commission’s large-scale solar plant initiative to increase penetration of renewable energy in the country.
Ekovest serves takeover notice on Iskandar Waterfront City
KUALA LUMPUR (Dec 19): Ekovest Bhd has issued a takeover notice to buy a 62% stake in Iskandar Waterfront City Bhd (IWCity) at RM1.
