Residents of fire-damaged Neo 200 may be forced to wait a year to return home
Neo 200, a CBD tower block located in Melbourne was damaged in a blaze, and residents have been told it may take up to a year before they can return to their apartments.
Berjaya Land begins 2019 with The Tropika launch in Bukit Jalil
BUKIT JALIL: Having been rather quiet over the last two years, property developer Berjaya Land Bhd is expecting a busy 2019 with several development projects planned for launch this year.
Ex-Goldman banker Roger Ng asks to be extradited after agreeing to DoJ bail terms
KUALA LUMPUR (Feb 15): Former Goldman Sachs banker Roger Ng Chong Hwa (pictured), who is facing charges linked to 1Malaysia Development Bhd (1MDB) in the US and Malaysia, has decided not to challenge the US Department of Justice's (DoJ) application for him to be extradited to the US.
Selangor Properties’ privatisation gets shareholders’ go-ahead
KUALA LUMPUR (Feb 15): Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.
Jalan TAR traders object to road closure
KUALA LUMPUR (Feb 14): Most of the traders on Jalan Tuanku Abdul Rahman (TAR) have voiced objection to the plan by Kuala Lumpur City Hall (DBKL) to close a 1km stretch to private vehicles on the street, one of the oldest shopping districts in the city.
Penang Rehda to banks: Loosen housing loan rules
PENANG (Feb 14): Banks should reveal statistics of defaulters to “justify” their “strict” rules on housing loans, said Real Estate and Housing Developers Association (Rehda) Penang immediate past president Datuk Jerry Chan, reported The Star today.
MRCB: LRT3 works to resume in 2H2019
KUALA LUMPUR (Feb 14): Malaysian Resources Corp Bhd (MRCB) said the works for Light Rail Transit 3 (LRT3) will resume in the second half of 2019 (2H2019), after progress had been stalled for about a year amid the government's move to reduce the cost of the project.
Double the opulence with The Luxe by Infinitum
Property investors looking for high-end apartments in Kuala Lumpur city that won’t break the bank should look no further than The Luxe by Infinitum, the latest classy offering of dual-key units by Macly Equity Sdn Bhd, a joint venture between two eminent Singaporean developers Macly Group and RoxyPacific.
PM says EAC not set up earlier as Pakatan was busy
PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad (pic) said the government could have set up the Economic Action Council (EAC) earlier but Pakatan Harapan was busy dealing with legacy issues left over by the previous administration.
