Sunway 3Q net profit up 27% on higher property sector contribution
KUALA LUMPUR (Nov 22): Sunway Bhd’s net profit for the third quarter ended Sept 30, 2019 (3QFY19) rose 27% to RM183.
Homeowners in China were promised ‘park views’ but get a plastic lake instead
PETALING JAYA (Nov 21): Buyers of flats in Changsha, Hunan province, Central China were shocked to see a plastic lake when they collected the keys to their units over the weekend, the South China Morning Post (SCMP) reported Tuesday.
Govt to bear RM10.3b losses in Tabung Haji rescue plan (Updated)
KUALA LUMPUR (Nov 15): Putrajaya is to bear the difference of RM10.
Nine roads in Klang being upgraded
PETALING JAYA (Nov 11): Nine roads in Klang are being upgraded with road resurfacing, pedestrian pavement repairs and drainage works, the Star reported today.
House buyers group says PH continuing BN practice of allowing extensions for developers
PETALING JAYA (Nov 8): The National House Buyers Association (HBA) criticised the government after the Housing and Local Government Ministry revealed the high number of extensions of time (EOT) approvals given to property developers since 2018, Free Malaysia Today reported today.
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).
Inter-floor leakage: The provisions that matter
If you have an inter-floor leakage issue in your unit, you can rest assured that you are not alone because it is one of the biggest problems faced by high-rise building dwellers.
IDEAS: Developers can rent out unsold homes
PETALING JAYA (Oct 30): The Institute for Democracy and Economic Affairs (IDEAS) has suggested to developers that they can try renting out unsold homes since there is a property overhang situation, reported Free Malaysia Today (FMT).
Exchange 106: First tenants expected to move in by December
KUALA LUMPUR (Oct 23): The developer of Exchange 106 at Tun Razak Exchange (TRX) expects the first tenants to move in by December this year, reported The Star today.
FundMyHome at SCxSC Fintech Conference
PETALING JAYA (Oct 22): FundMyHome (FMH) is currently taking part in the two-day SCxSC Fintech Conference organised by Securities Commission Malaysia (SC).
