Kedah to build more high rise homes for urban poor
Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor said they will be concentrated in major towns such as Alor Setar, Kubang Pasu, Sungai Petani and Kulim.
Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor said they will be concentrated in major towns such as Alor Setar, Kubang Pasu, Sungai Petani and Kulim.
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
Value of overhang residential units also declined 4% to RM17.
The issuance, done through its first public bookbuilding for this year, comprises RM460 million one-year and RM200 million two-year conventional medium-term notes as well as RM300 million Islamic medium-term notes, Cagamas said in a statement.
Both Felda and PR1MA face "going concern" issues — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — based on levels of debt and reliance on government aid, the auditor general said in a statement following the release of the 2022 Auditor General Report.
He said among the public infrastructure development projects carried out on such land are the construction of the East Coast Rail Link (ECRL) project and Kuala Lumpur International Airport (KLIA), with replacements made according to the same type of Malay reserve land and not exceeding the cancelled reserve land area.
Honorary professor at the Institute of Ethnic Studies, Universiti Kebangsaan Malaysia, Prof Dr Mansor Mohd Noor, believed that the move could also help balance the position of the Bumiputera in urban areas, which is crucial for fostering unity.
Second Finance Minister Datuk Seri Amir Hamzah Azizan said SJPP has given approval to provide guarantees for MSME financing up to RM20 billion and is expected to guarantee up to 90% of the financing for MSMEs, particularly those involved in the green economy, advanced technology, healthcare and halal businesses.
Acting chief executive officer Zahanuddin Kamarudin explained that this is due to RMR projects not encompassing the consultation aspect, a critical element in terms of construction typically seen in private developer projects.