Johor moves to revive sick and abandoned projects
JOHOR BARU (Oct 23): In a move to help house buyers affected by sick and abandoned private housing projects, the state government says it will take proactive measures.
Management and maintenance are key when buying older properties
SHAH ALAM (Oct 20): How do you decide if an old property is worth investing in and what are the signs you look out for? According to Sri Penaga Management Corporation chairman Khaw Chay Tee, the management and maintenance of the property are key factors to consider.
Puchong LRT lift breaks down, leaves disabled commuters stranded
PETALING JAYA (Oct 9): The Pusat Bandar Puchong LRT station lift broke down leaving disabled commuters stranded with no way to exit the station.
Johor exco: China investors not after citizenship
PETALING JAYA (October 5): China investors main intention was to purchase holiday homes, not to relocate, said state International Trade, Investment and Utilities Committee chairman Jimmy Puah Wee Tse.
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‘Scrap foreign home ownership thresholds to curb oversupply’
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.
Sultan Azlan Shah airport to undergo upgrade
IPOH (September 28): Sultan Azlan Shah Airport will be upgraded to enhance passenger experience and improve aircraft traffic control.
Rehda: 2019 property price turnaround unlikely
KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.
‘The sun is setting on my time in CIMB’
KUALA LUMPUR (September 25): In an Instagram post yesterday, with a picture of himself and the setting sun as the background, Datuk Seri Nazir Razak wrote that “the sun is setting on my time in CIMB”, as he revealed he would be stepping down as chairman of CIMB Group by Dec 31.
New Ruling: Councillors to declare involvement in projects
PETALING JAYA (August 20): A new ruling by the Selangor government requires councillors to declare any involvement or interest they or their family members may have in projects, prior to approval from select committees at a local authority level.
Developers told ‘don’t come and complain’ if unaffordable homes don’t sell
GEORGE TOWN (August 16): Following a drop in demand for expensive units, State Housing Committee chairman Jagdeep Singh Deo said that building affordable homes is the way forward for developers.
