FT minister: DBKL to build up to 8,000 low-cost homes
KUALA LUMPUR (July 28): (City Hall) DBKL has plans to build up to 8,000 low cost homes in the future.
Najib applies for a delay in sentence mitigation until Aug 3
KUALA LUMPUR (July 28): The defence for former Prime Minister Datuk Seri Najib Razak (pictured), who was found guilty on all seven charges at the SRC International Sdn Bhd trial today, have made an application for mitigation in the case to be put off until Monday (Aug 3).
SRC Trial: Crowd continues to wait outside court complex despite police orders to disperse
KUALA LUMPUR (July 28): The police at the court complex here have warned the crowd gathered here this morning for the verdict of Datuk Seri Najib Razak's RM42 million SRC Internatioal Sdn Bhd graft trial to disperse as social distancing rules were broken.
SRC Trial: Najib found guilty of all charges
KUALA LUMPUR (July 28): Former premier Datuk Seri Najib Razak (pictured) has today been found guilty by the High Court here of abuse of power in relation to RM42 million belonging to SRC International Sdn Bhd.
Najib arrives at KL High Court to face his fate in SRC Trial
KUALA LUMPUR (July 28): Former prime minister Datuk Seri Najib Razak has arrived in the Kuala Lumpur High Court here at around 9.
MIDF Research upgrades property sector, sees gradual improvement in 2H20 due to Penjana incentives
KUALA LUMPUR (July 28): MIDF Research has upgraded the property sector to "positive" (from "neutral") and said new property sales outlook will improve gradually in the second half of calendar year 2020 (2HCY20) due to the National Economic Recovery Plan (Penjana) incentives.
Najib: I am ready. Come what may
KUALA LUMPUR (July 28): Former Prime Minister Datuk Seri Najib Abdul Razak said that he is ready to face whatever may come at the SRC International Sdn Bhd trial verdict today.
New norm in workplace putting pressure on office rentals growth
PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.
Nawawi Tie Leung: More homes are expected to be offloaded post moratorium period
PETALING JAYA (July 27): Despite government incentives in economic packages and economic recovery plans, Nawawi Tie Leung Property Consultants anticipated that more residential properties are expected to be offloaded in the market as loan moratorium period ceases in end-September.
SC Estate unit accepts land plots in exchange for RM2.77m outstanding debt
KUALA LUMPUR (July 27): Property developer SC Estate Builder Bhd said its wholly-owned unit SC Estate Industries Sdn Bhd had agreed to accept 21 pieces of freehold land with buildings as settlement of a RM2.
