Najib, Rosmah being questioned today
KUALA LUMPUR (Oct 3): Former prime minister Najib Razak and wife Rosmah Mansor are both being questioned today, in the investigation into alleged graft linked to state fund 1MDB.
KUALA LUMPUR (Oct 3): Former prime minister Najib Razak and wife Rosmah Mansor are both being questioned today, in the investigation into alleged graft linked to state fund 1MDB.
KUALA LUMPUR (October 3): Malton Bhd, the flagship company of tycoon Tan Sri Desmond Lim Siew Choon, has teamed up with Hong Kong-listed cinema operator and property development firm Nan Hai Corp Ltd to bid for a property project in Taipei, the capital city of Taiwan.
KUALA LUMPUR (October 3): Savills Malaysia chairman Datuk Christopher Boyd said the thresholds for foreign property buyers should be removed in order to deal with the oversupply issue seen in the residential segment.
KUALA LUMPUR (October 3): Property developers are behaving more and more like local councils, Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah said, noting that this has given rise to the current form of townships that are not centralised and are dominated and led by private developers.
SERI KEMBANGAN (Oct 2): Developers, researchers and policy makers opined that to resolve the affordable housing availability problem, all stakeholders in the public and private sectors need to work together to offer multiple solutions.
SERI KEMBANGAN (Oct 2): While it is still unclear when the property market will recover from the current slowdown, there are still opportunities to seize in the market, according to industry experts.
KUALA LUMPUR (Oct 2): Seremban-based Matrix Concepts Holdings Bhd will proceed with plans to jointly develop an Islamic financial district in Pantai Indah Kapuk 2 (PIK 2), Jakarta, Indonesia with an Indonesian consortium comprising PT Bangun Kosambi Sukses (BKS) and PT Nikko Sekuritas Indonesia (NSI).
PETALING JAYA (Oct 2): The Desa Putra Resident Association’s (RA) are angry and dismayed over Dewan Bandaraya Kuala Lumpur's (DBKL) Planning Department Director Nurazizi Mokhtar’s claim that there is no need for residents to be given the documents related to the proposed 46-storey high rise project that will be built less than 10 meters away from the condominium.
PETALING JAYA (October 2): Malaysia welcomes investments in Malaysia, but foreigners settling in the country "by the millions", was not alright, said Prime Minister Dr Mahathir Mohamad on BBC’s Hardtalk programme.
SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.