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KUALA LUMPUR (Sept 24): Reiterating Prime Minister Tun Dr Mahathir Mohamad's stance, Finance Minister Lim Guan Eng emphasised that while Malaysia welcomed all foreign property investors, it was opposed to the construction of townships exclusively for foreigners.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

PETALING JAYA (Sept 24): The government will continue to compensate highway concessionaires for not raising their toll fares as it seeks to fulfill its election promise of abolishing tolls, said special officer to the Finance Minister Tony Pua.

Scientex Bhd (Sept 21, RM8.

BEIJING (Sept 24): The Chinese contractor of the controversial East Coast Rail Link (ECRL) is still hopeful of rescuing the project and has expressed its willingness to take up an equity stake in the ECRL if the project resumes, according to its management when met by Malaysian media in China on Saturday during a trip organised by the Chinese government.

PETALING JAYA: The Malaysian property market has bottomed and more property purchasers are expected to return to the market in the coming months, according to Ahmad Zamzuri Kamarudin, the organising chairman of the Klang Valley edition of the Malaysia Secondary & Primary Property Exhibition 2018 (MASPEX2018 KL) organised by the Malaysian Institute of Estate Agents (MIEA).

  KUALA LUMPUR (September 22): Residents of People’s Housing Projects (PPRs) may soon be afforded a novel avenue to make money in order to settle their monthly house payments, by catching rats.

成交租金：每月RM7,000 交易推手：MIP Properties的Gwen Chan (REN 27371, 012-732 1113) 卖点： 永久地契 建筑面积：1,878平方尺 3+1间卧室和4间浴室 全装潢包括家具单位 设备：健身室、网球场、半场篮球场、多功能礼堂、儿童游乐园、观望台、静坐区和泳池。 邻近设施：Garden国际学校就在对面、距离Mont’Kiara 1.

Following the abolishment of the Goods and Services Tax (GST), the Sales and Service Tax (SST) kicked off on Sept 1 promptly, but without a complete list of chargeable items, surprising many business operators and consumers.

SHAH ALAM (Sept 21): Selangor state committee chairman for the Selangor state committee on housing and urban living Haniza Mohamed Talha has revealed that the state government is evaluating a proposal to provide collateral support to Rumah Selangorku (RSK) eligible buyers who has difficulty in securing their desired loan margin.