News about g

Real estate investors in Malaysia are very alert to any change in Real Property Gains Tax (RPGT), especially during October, when the national budget is tabled in parliament.

SHAH ALAM, capital of Selangor, is a tranquil, well-planned city carved out of former oil palm and rubber estates.

IJM Corp Bhd (Nov 5, RM3.

PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.

PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.

KUALA LUMPUR (Nov 6): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has proposed a new design for the Ampang Park MRT station that will not require its namesake, the country’s first shopping centre, to be demolished.

KUALA LUMPUR (Nov 5):  OSK Property Bhd has been named on Forbes Asia’s Best Under a Billion 2015 list.

KUALA LUMPUR (Nov 5): Precision plastic injection moulding fabricator Sanichi Technology Bhd's shares drew investors' interest, after the group said it aims to reap an annual profit of up to RM13 million from its maiden property project for the next three years.

TAIPEI (Nov 5): The Taipei Marriott Hotel, a new five-star luxury establishment with 320 luxury guest rooms and suites, five distinct restaurants and a spa, has opened in the heart of the city.

SYDNEY (Nov 5): IGB Corp Bhd expanded its hospitality operations to Australia with the official opening of The Tank Stream Hotel in Sydney yesterday at an event officiated by Carol Giuseppi, the CEO of Tourism Accommodation Australia.