MIEA appoints Soma Sundram as CEO
PETALING JAYA (Sept 7): The Malaysian Institute of Estate Agents (MIEA) has appointed Soma Sundram Krisnaswamy as its CEO.
Taib Mahmud's son to file counter claim against Bangsar ID firm
PETALING JAYA (Sept 3): Ivy Craft Sdn Bhd, a company that belongs to Datuk Seri Mahmud Abu Bekir, son of Sarawak governor Tun Abdul Taib Mahmud, will file a counterclaim against interior design firm Tatum (KL) Sdn Bhd for a sum in excess of RM2 million.
Zuraida: Looking into reduced Forest City foreign ownership
PETALING JAYA (September 6): The government is looking into the feasibility of reducing the percentage of foreign ownership in Johor's Forest City project, said Housing And Local Government Minister Zuraida Kamaruddin.
Selangor: Big fall in dengue fatalities and cases
PETALING JAYA (Sept 6): There was a time when dengue cases and deaths in the state of Selangor were quite high but things have since improved.
Building Act to be amended to allow slope monitoring, landslide prevention actions
PETALING JAYA (Sept 6): Putrajaya will table an amendment to the Street Building Drainage Act 1974 which will allow local governments to carry out safety inspections on slopes within their jurisdiction, including those on private properties, said Deputy Prime Minister Datuk Seri Wan Azizah Wan Ismail.
DONE DEAL: Residensi 22, Mont’Kiara, Kuala Lumpur
Rented for: RM7,000 Concluded by: Gwen Chan (REN 27371, 012-732 1113) of MIP Properties When: June 2018 Noteworthy: ● Freehold ● Built-up: 1,878 sq ft ● 3+1 bedrooms and four bathrooms ● Fully-furnished unit ● Facilities: Gymnasium, a tennis court, a half basketball court, a multipurpose hall, children’s playground, sky deck, meditation lawn and a lap pool.
Govt may review foreign property purchase policies – report
PETALING JAYA (Sept 6): Putrajaya may review policies on foreign property purchases as it investigates the ownership of properties by non-Malaysians in the RM410 billion-Forest City in Johor.
Pesona Metro likely to face slowing macro job flow outlook
Pesona Metro Holdings Bhd (Sept 5, 35 sen) Maintain hold with a higher target price (TP) of 32 sen: Pesona Metro Holdings Bhd announced that it had been awarded a new contract from TA Global Bhd worth RM264.
Gabungan AQRS sees brighter prospects for FY19-FY21
KOTA DAMANSARA (Sept 5): Gabungan AQRS Bhd expects better performance for financial years ending Dec 31, 2019 (FY19) to FY21, buoyed by its construction, property development and precast component manufacturing businesses.
Johor to formulate clearer housing guidelines
KUALA LUMPUR (Sept 5): After the negative limelight over the US$100 billion Forest City mega project in Johor, the state government will now come up with clearer guidelines on residential development, especially involving the issue of gazetted international land.
