Snapshots of the auction property market in 2018
The total number and value of auction properties in Malaysia is on an upward trend lately.
London takes top spot for global luxury store openings
KUALA LUMPUR: London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills.
New laws to compel low-cost house holders to sell back to govt
GEORGE TOWN (April 5): Penang is serious in putting a stop to the reselling of its low-cost (LC) and low medium-cost (LMC) houses in the open market, and is in the midst of drafting new laws to that effect.
MRT station to be built on land owned by Cyberview within Cyberjaya City Centre
KUALA LUMPUR (April 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) and Cyberview Sdn Bhd had on Wednesday (April 3) signed a mutual agreement to enable the construction of an MRT station for the MRT Sungai Buloh–Serdang–Putrajaya Line within the Cyberjaya City Centre.
New Petaling Jaya mayor sworn in
PETALING JAYA (April 5): Datuk Mohd Sayuthi Bakar was sworn in yesterday as the new Petaling Jaya mayor, and has said that his top priority will be to keep every part of the city clean, including housing and commercial centres.
Fed govt need not inform Johor of project, says exco member
JOHOR BAHRU (April 5): The Federal government is not required to inform the state of the project as it is located 3.
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Constitution amendment will turn Sabah, Sarawak into territories, says law minister
KUALA LUMPUR (April 5): The proposed amendment on Article 1(2) in the Federal Constitution will effectively turn Sabah and Sarawak into territories, unlike states currently, said Federal Law Minister Liew Vui Keong.
PAC done taking statements in probe on Johor-Singapore VEP system
KUALA LUMPUR (April 5): Public Accounts Committee (PAC) chairman Datuk Seri Ronald Kiandee said the PAC has finished taking statements for its probe into the Johor-Singapore Vehicle Entry Permit (VEP) system.
Malaysia may sell more assets to reduce borrowings
KUALA LUMPUR (April 5): While the country’s national debts are at a more manageable level currently after the government has recovered some money from abroad, still Prime Minister Tun Dr Mahathir Mohamad points out that the government needs to sell more assets to reduce borrowings.
Vizione says RM15m linked to graft probe paid to Consortium Zenith just a security deposit
KUALA LUMPUR (April 5): Vizione Holdings Bhd, whose subsidiary was mentioned in a cheating case linked to a graft probe on the Penang undersea tunnel, clarified yesterday that the RM15 million reportedly paid out from its subsidiary's account was actually a security deposit it paid for a certain work package under the Penang Mega Infrastructure (PMI) project.
