Housing in Malaysia: An issue of affordability, not availability
Issues of housing supply, affordability, and home ownership have been in focus of late.
Taman Rimba Kiara judicial review postponed, DBKL works on “mutual resolution”
PETALING JAYA (Sept 26): The hearing for the judicial review of the development at Taman Rimba Kiara (TRK) (pictured) park, Taman Tun Dr Ismail (TTDI), Kuala Lumpur which was scheduled for today and tomorrow at the Kuala Lumpur High Court, has been postponed.
Bank Negara: Imbalances in property market continue to persist
KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.
Crest Builder inks MoU with T7 Global to prepare technical proposal
KUALA LUMPUR (Sept 26): Crest Builder Holdings Bhd has entered into a memorandum of understanding (MoU) with T7 Global Bhd to collaborate to prepare a detailed technical proposal for the construction and subsequent execution of works for the proposed mixed development, Latitud8 at Jalan Ampang, according to a filing with Bursa.
Jalan Bangsar flood mitigation project delays
PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.
Punch thrown as tempers flare over broken down lifts in Kepong
KUALA LUMPUR (Sept 26): Joint management body (JMB) treasurer of Mutiara Fadason low-cost flats in Kepong, Song Kok Ann, 46, was punched in the face by a resident who was angry about the move not to use Kuala Lumpur City Hall’s (DBKL) contractor to fix broken down lifts, The Star daily reported today.
Strata Community Mediation Centre to handle high-rise resident disputes
KUALA LUMPUR (September 26): A mediating body to handle complaints by residents of high-rise buildings is set to be launched by Oct 1.
Demand for high-end segment remains resilient in Singapore despite higher ABSD
SINGAPORE (Sept 26): On July 5, the government has acted to cool the red hot residential property market by introducing a fresh round of cooling measures, which included higher Additional Buyer’s Stamp Duty (ABSD) rates and tighter Loan-to-Value (LTV) limits.
Sarawak Report: Billion Dollar Whale author should reveal source
PETALING JAYA (September 26): Clare Rewcastle-Brown, editor of Sarawak Report asks the authors of Billion Dollar Whale to reveal their source, for information contained in the book on the 1Malaysia Development Bhd financial scandal.
Najib summoned by PAC to explain missing GST refunds
KUALA LUMPUR (Sept 26): Embattled former prime minister Datuk Seri Najib Razak (pictured) has been summoned by Parliament’s Public Accounts Committee (PAC) to explain “missing” goods and services tax refunds amounting to RM19.
