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KUALA LUMPUR (Oct 16): There are huge disparities in the income threshold of the Middle 40 (M40) in the various states across Malaysia, according to Khazanah Research Institute’s (KRI) latest report.

KUALA LUMPUR (Oct 16): The wealth gap is widening although the income growth among the middle group (M40) and low (B40) group is faster than the rich.

KUALA LUMPUR (Oct 16): KIP Real Estate Investment Trust (REIT) announced a marginal 3.

PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.

Malaysian Resources Corp Bhd (Oct 12, 72 sen) Maintain buy with a target price of 98 sen: Malaysian Resources Corp Bhd’s (MRCB) balance sheet is expected to improve further in second half of financial year 2018 (2HFY18) with earnings enhancement largely due to the disposal of land in Kia Peng, Kuala Lumpur, which is to be concluded in the third quarter of FY18, and significant deleveraging expected from the disposal of its two key non-core assets — the Eastern Dispersal Link (EDL) with an outstanding debt of RM1.

KUALA LUMPUR (Oct 15): Any introduction of new taxes — such as the inheritance tax and capital gain tax — could weigh on house buyers and investor sentiment, further impacting the property sector which has already been plagued by affordability and strict lending issues, according to TA Securities.

KUALA LUMPUR (Oct 15): MP for Damansara and political secretary to Minister of Finance, Tony Pua, has chided the Singapore Straits Times (ST) for allegedly getting its facts incorrect in its reporting of the 1Malaysia Development Bhd (1MDB) scandal.

PETALING JAYA (Oct 15): Housing and Local Government minister Zuraida Kamaruddin said she is waiting for the developer of Forest City to brief her about their affordable housing plans that will purportedly cater to the needs and tastes of locals.

KUALA LUMPUR (Oct 15): Burgess, the world's No 1 superyacht brokerage house appointed as central agent to sell Jho Low's superyacht Equanimity (pictured), said the yacht is in good condition and taken care of by a professional crew.

PETALING JAYA (Oct 14): A Bangladesh worker sustained injuries to the head after falling 40ft when the plaster ceiling of a hotel lobby collapsed here today, reported The Star.