Paramount buys Cyberjaya land for RM149.7m to develop residential project
KUALA LUMPUR (Jan 12): Paramount Corp Bhd is buying 41.
M101 Skywheel records over RM530m sales in 2017
PETALING JAYA (Jan 11): M101 Holdings Sdn Bhd’s RM2.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
IDEAS: Development freeze “excessive demonstration of govt powers”
KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.
Goldis to complete IGB takeover in early March
KUALA LUMPUR (Jan 10): Goldis Bhd aims to complete its takeover of IGB Corp Bhd in early March, with the latter's shares to be delisted from the Main Market of Bursa Malaysia within the same month.
Bangladeshi worker body retrieved from building collapse rubble
PETALING JAYA (Jan 10): Firefighters have early this morning retrieved the body of a Bangladeshi worker who was trapped beneath the rubble of a building under construction that had collapsed at Jalan Cochrane.
UPDATE: Court grants six-day remand for director over Penang tunnel investigation
KUALA LUMPUR (Jan 10): A 59-year-old senior executive director of a company said to be linked to the proposed Penang undersea tunnel has been ordered to be remanded for six days by the Magistrate’s Court in Putrajaya, the news portal Malaysiakini reported today.
‘Building materials not the cause of high housing prices’
KUALA LUMPUR (Jan 10): The prices of four most-utilised building materials, namely steel, cement, ready-mixed concrete and sand, are not the contributing factors in rising housing costs, says the Malaysia Competition Commission (MyCC).
