Lawyer confirms RM1.42mil settlement cheque for libel suit was received
PETALING JAYA (March 2): The lawyer for Sarawak Report has confirmed that he received a cheque for RM1.
RM5mil for Penang National Park upgrade
Following public backlash over the poorly maintained condition of the Penang National Park, the park will undergo a major facelift, with an upgrade of its basic facilities.
OCR’s RM324m contract in Putrajaya terminated
KUALA LUMPUR (March 1): OCR Group Bhd said today a RM324 million contract to undertake a 1Malaysia Civil Servants Housing (PPA1M) project in Precinct 5, Putrajaya has been cancelled.
Timely release mechanism of bumiputera lots will reduce price of property
Recently, there were news reports stating that the Perak state government will allow housing developers to apply for properties under the bumiputera quota to be released to other buyers if the properties were unsold by the Perak Housing & Property Board after six months.
The state of Malaysian housing supply
Definition Number of launches comprises properties launched in 3Q2018 Property overhang comprises units that are completed with the Certificate of Completion and Compliance /Temporary Certificate of Fitness for Occupation (TCF) but remained unsold for more than nine months from the date of launch or after 1st Jan 1997 Existing stock are units that have been issued with the certificate of fitness (CF) or TCF prior to the review period Incoming supply comprises units where physical construction works are in progress including starts and CF/TCF which have not been issued during the review period Planned supply comprises units with building plan approval obtained within a review quarter.
Retail price for RON97 up 5 sen next week; RON95, diesel unchanged
KUALA LUMPUR (March 1): The retail price of RON97 fuel will be 5 sen higher for the week ending March 8, 2019, to RM2.
HOC 2019 launched to increase home ownership among Malaysians
KUALA LUMPUR (March 1): Prime Minister Tun Dr Mahathir Mohamad today officially launched the National Home Ownership Campaign 2019 (HOC 2019) which is being held from Jan 1 to June 30, 2019.
PR1MA offering up to 30% discount during HOC
KUALA LUMPUR (March 1): Perbadanan PR1MA Malaysia (PR1MA) is offering discounts of up to 30% for more than 42,000 residential units during the Home Ownership Campaign (HOC) from January to June 2019.
Why buy during the HOC?
Homeownership is no doubt one of the hottest topics in Malaysia currently especially when the inventory of residential property in the country is rising and has accumulated to an all-time high in recent years.
Sarawak Report editor confirms RM1.4m payment from Hadi
PETALING JAYA (March 1): The editor of the Sarawak Report, Clare Rewcastle-Brown confirmed yesterday that she received RM1.
