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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): 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.

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.

KUALA LUMPUR (Oct 2): UEM Sunrise will launch a low-density condominium in Mont'Kiara here comprising only 240 units in the middle of this month, said its managing director and CEO Anwar Syahrin Abdul Ajib.

SERI KEMBANGAN (Oct 2): The Housing and Local Government Ministry (KPKT) is now working on a comprehensive database which could help first time homebuyers to own a property, said KPKT deputy minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad.

KUALA LUMPUR (Oct 1): The Pakatan Harapan (PH) government in Putrajaya will not cancel all directly negotiated public-private partnership (PPP) projects undertaken by the previous administration, Finance Minister Lim Guan Eng assured today.

GEORGE TOWN (October 1): United Nations Educational, Scientific and Cultural Organization (Unesco) has selected George Town to participate in two heritage pilot projects, one on intangible cultural heritage and another to create an action plan for industries within heritage sites.

KUALA LUMPUR (Oct 1): In response to former prime minister Datuk Seri Najib Razak's comment on housing prices, Finance Minister Lim Guan Eng said it is tough to influence the price of land, which is why the government had opted to reduce the cost of construction instead.