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Unlike the conventional cross-subsidy model to provide affordable housing, where private developers and free-market house buyers are always on the “losing side”, a fairer resource allocation can be achieved through the “Madani Credits” system.

E Trend Realty achieved a total commission payout of RM45 million, representing a 45% year-on-year increase in 2024.

The company told Bursa Malaysia on Thursday that its audit committee convened a meeting on March 25 to receive an update from Messrs UHY on the draft special independent review (SIR) report.

In its latest statement, CIDB explained that the decision was made to avoid preempting the ongoing investigation, which involves multiple authorities.

Mont’Kiara SOVO unit with rental yield above 5% sold | DONE DEAL 3 plots of industrial land in Melaka sold in one deal | DONE DEAL Between 2020 to 2024, Westside III at Desa ParkCity saw a transaction volume of 96 listings sold, with a transaction value of RM131 million.

Investigations are ongoing, with authorities yet to confirm whether excavation work contributed to the fire.

So far, the police have recorded statements from victims who are receiving treatment at hospitals and temporary relief centres to assist with the ongoing investigation.

Minister Nga Kor Ming said investigations into the cause of the incident are ongoing, but KPKT is ready to engage with all relevant parties to coordinate the necessary assistance.

Minister of Housing and Local Government Nga Kor Ming said local authorities must carry out their duties will full trust and integrity, while traders must ensure they comply with the law by obtaining valid licences or permits before trading.

Last month, LSH and the Federal Lands Commissioner formalised a 20-year concession and lease agreement until end-March 2045, to manage, operate and maintain the tower.