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.
MACC: Probe into illegal warehouse in Miri 50% completed
KUCHING (Oct 10): The Malaysian Anti-Corruption Commission (MACC) Sarawak has completed about 50% of its probe into an illegal warehouse storing smuggled chicken wings that has been in operation in Miri for the past 30 years, says its director Razim Mohd Noor.
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).
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.
Pestech wins RM75m job Gemas-JB electrified double-track project
KUALA LUMPUR (October 10): Pestech International Bhd has secured a signalling system work subcontract worth RM75 million for the Gemas-Johor Baru (JB) electrified double-track project.
More taxes for Malaysians
KUALA LUMPUR (Oct 10): Malaysians might have breathed a sigh a relief too soon after the goods and services tax was removed a few months ago as the government will be introducing more taxes to pare down the whopping national debts.
DBKL to go after rent and assessment defaulters after revealing RM525m in arrears – report
PETALING JAYA (Oct 9): Dewan Bandaraya Kuala Lumpur (DBKL) will be taking action against assessment and rent defaulters after it revealed RM525 million in outstanding revenue as at August, reported The Star.
Maximum loan tenure could be extended up to 40 years for affordable home buyers
PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.
