Mixed views on Budget 2016 revisions
KUALA LUMPUR (Jan 28): The revisions to Budget 2016 pertaining to the property market have drawn mixed responses from the industry.
Cutting SRR a good move, says Mah Sing’s Leong
KUALA LUMPUR (Jan 28): Bank Negara Malaysia’s move to reduce the statutory reserve requirement (SRR) by 0.
Large bins to encourage proper waste disposal, says PJ mayor
PETALING JAYA (Jan 28): Petaling Jaya City Council (MBPJ) will add more refuse collection contractors and rubbish bins to its ranks to help make Petaling Jaya a cleaner place to live in, according to mayor Mohd Azizi Mohd Zain.
IGB REIT declares distribution of 3.72 sen per unit
IGB Real Estate Investment Trust (Jan 27, RM1.
Stagnant market in Penang keeps price growth minimal in 3Q
MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh.
PROPERTY SNAPSHOT 4: What’s hot in Mainland Penang?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Mainland Penang.
PJ City Council promises action on one-way loop congestion
PETALING JAYA (Jan 27): Petaling Jaya City Council (MBPJ) has promised to take action to solve traffic congestion woes on the Petaling Jaya One Way Loop (OWL) system.
SCH banks on highway job to soften impact of slowing property market
KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.
Property prices will not drop despite current slowdown — MKH
KUALA LUMPUR: Property prices are sticky down despite the current slowdown, according to MKH Bhd group managing director Tan Sri Eddy Chen.
Noxious pothole odour makes hawker centre no-go zone
KUALA LUMPUR (Jan 26): Bangsar, Kuala Lumpur, resident Kum Thong Wong has a problem with long-standing potholes in front of a hawker centre in Lorong Ara Kiri, Lucky Garden.
