UPDATE: Number of built unsold home jumps almost 20% in 1H2018
KAJANG (Oct 11) : The slow market absorption of properties has led to the increase in residential overhang which totals 29,227 units worth RM17.
Federal Court to decide if KPKT can grant extension of time to developers – reports
PETALING JAYA (Oct 10): The Federal Court will decide whether the Housing and Local Government (KPKT) Ministry has the authority to grant developers an extension of time (EOT) for their property development projects.
Don't just focus on Chinese investments in infrastructure projects, says don
KUALA LUMPUR (Oct 10): Malaysia should focus on highlighting other productive Chinese investments in the country in assessing its bilateral economic relationship with China, said University Malaya Professor Dr Edmund Terence Gomez (pictured).
More flood evacuation centres for Terengganu
KUALA LUMPUR (Oct 10): Up to 553 flood evacuation centres that can accommodate more than 131,000 people have been identified Terengganu, reported The Star today.
Transport Minister wants Scomi to settle dispute with Prasarana, says report
KUALA LUMPUR (Oct 10): Transport Minister Anthony Loke (pictured) said yesterday that Scomi Engineering Bhd must seek a compromise with Prasarana before a solution is brought to the Cabinet for approval this year-end, reported The Star daily.
Economist expects a "lean and mean but supportive" Budget 2019
PETALING JAYA (Oct 10): SERC Sdn Bhd executive director Lee Heng Guie expects to see a “lean and mean but supportive” Budget 2019.
Rehda seeks more local govt support to reduce home prices
PETALING JAYA (Oct 10): The Real Estate and Housing Developers Association (Rehda) wishes to see more support from the local authorities to achieve the national goal of lowering down property prices.
Rehda urges states to adopt automatic release mechanism for bumi units
PETALING JAYA (Oct 10): The Real Estate and Housing Developers' Association (Rehda) has urged state governments to adopt an automatic release mechanism for properties allocated under bumiputera quotas to lower the high number of unsold units in the country.
UK’s most expensive home valued at a whopping £160m, says report
KUALA LUMPUR (Oct 10): If you think properties in Kuala Lumpur are expensive, take a look at the prices in London.