Sentoria to raise up to RM17m via private placement
KUALA LUMPUR (Oct 4): Sentoria Group Bhd, property developer and operator of Bukit Gambang Resort City in Pahang, has proposed to raise up to RM16.
Additional rebates for lucky purchasers at HOC: Affordable Homes exhibition
KUALA LUMPUR (Oct 4): The Ministry of Housing and Local Government (KPKT) has collected a total of RM672,000 from the 42 exhibitors taking part in the Home Ownership Campaign (HOC): Affordable Homes Exhibition being held from Oct 4 to 6 in Kuala Lumpur, as special rebates to be given to buyers.
National housing database will cost RM1m, ready in 2021
KUALA LUMPUR (Oct 4): The Housing Integrated Data System being established by the Housing and Local Government Ministry (KPKT) is estimated to be ready in 2021, according to KPKT Secretary-General Datuk Sri Mohammad Mentek (pictured).
Buyers of Penang affordable homes unhappy over defects
GEORGE TOWN (Oct 4): Some buyers of affordable homes along Jalan S.
PEPS: Remove 5% RPGT for property disposal from 6th year
PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating the country’s housing market.
Ip Man star hunts for Singapore luxury real estate
SINGAPORE (Oct 4): Hong Kong action-hero Donnie Yen (pictured), star of the Ip Man martial arts film series, was in Singapore last week.
ECRL subcontract works of up to RM11b likely only source of new jobs in Budget 2020: Analyst
KUALA LUMPUR (Oct 4): The East Coast Rail Link (ECRL) — which is anticipated to have a civil works subcontract value of RM9 billion to RM11 billion — is likely to be the only source of immediate new order book for contractors in the upcoming Budget 2020 despite timing risks for new contract awards, says CGS-CIMB Research.
GST U-turn unnecessary, but SST can be improved
KUALA LUMPUR (Oct 4): The prime minister’s statement yesterday that the government will study if there is a need to reintroduce the scrapped goods and services tax (GST) — the removal of which was one of Pakatan Harapan’s key pledges in the 14th general election (GE14) — is unlikely to gain traction among the rakyat.
FMM: Now's a good time to reintroduce GST
KUALA LUMPUR (Oct 3): The Federation of Malaysian Manufacturers (FMM) has said this is a good time to reintroduce the Goods and Services Tax (GST) as the country's export industry could use some help amid the weak external environment and current global trade tensions.
Sri Petaling gets a second wind
Strategically situated in Kuala Lumpur’s southern corridor, Sri Petaling was first developed in the 1980s.
