News about es

KUALA LUMPUR (Oct 16): TA Securities Research has upgraded the property sector to "Overweight" (from Neutral) and said since August 2019, developers' share prices were heavily bashed down amid concerns on rising property overhang and slow property demand due to financing issues.

KUALA LUMPUR (Oct 16): According to a survey conducted by Nippon Paint Malaysia Group, about 60% of Malaysians are suffering because of poor indoor air quality.

KUALA LUMPUR (Oct 15): The National Audit Department said housing facilities for families of Armed Forces personnel (RKAT) are in poor shape due to insufficient financial allocations, inefficient financial management and inconsistent monitoring, the Malay Mail reported yesterday.

KUALA LUMPUR (Oct 15): The sales and services tax (SST) coverage could be widened on the condition that it does not end up raising the cost of living and becoming a burden to Malaysians, according to the Ministry of Finance.

PETALING JAYA (Oct 15): The Malaysian Institute of Property and Facility Managers (MIPFM) foresees various problems arising from the implementation of a recent court ruling for a flat rate maintenance fee for mixed-use properties.

KUALA LUMPUR (Oct 15): Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon is of the view that there is not much in Budget 2020 for the property sector, as many of the measures listed are already in place.

KUALA LUMPUR (Oct 15): Crest Builder Holdings Bhd's subsidiary Crest Builder Sdn Bhd (CBSB) has bagged a RM155.

KUALA LUMPUR (Oct 15): Damansara Member of Parliament Tony Pua had today managed to set aside the injunction imposed on him by Datuk Seri Najib Abdul Razak in a suit filed by the former prime minister against Pua in relation to 1Malaysia Development Bhd (1MDB) and the proposed amendment to the Syariah Courts (Criminal Jurisdiction) Act 1965 by PAS.

SINGAPORE (Oct 15): Co-working space operator WeWork announced on Oct 10, the official launch of its new space at MYP Centre on 9 Battery Road in Raffles Place.

KUALA LUMPUR (Oct 15): Axis Real Estate Investment Trust (REIT) is planning to acquire a single-storey warehouse-cum-office building in Johor for RM65 million cash, from Rancak Beta Sdn Bhd.