Putrajaya: RM1,000 psf is final and best offer for Kg Baru land
KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.
Different maintenance rates allowed for MC, so why not JMB, says BMAM and PPK
PETALING JAYA (Oct 24): The Court of Appeal’s ruling to disallow Joint Management Bodies (JMBs) to charge different rates of service fees for different components within mixed-use developments is based on a strict interpretation of the Strata Management Act 2013 (SMA) and the Strata Management (Maintenance and Management) Regulations 2015, said Building Management Association of Malaysia (BMAM) and the Malaysia Shopping Malls Association (PPK).
I believe whatever Najib wanted done was in the best interest of the country, Shahrol tells court
KUALA LUMPUR (Oct 24): Datuk Shahrol Azral Ibrahim Halmi, former CEO of scandal-clad 1Malaysia Development Bhd (1MDB), told the High Court today he had truly believed what Datuk Seri Najib Abdul Razak was doing was for the best interest of the country.
Reclaimed land handover to Penang state has begun
PETALING JAYA (Oct 24): The handing over of reclaimed land off Gurney Drive to the Penang government has begun.
RM6.2b for tolled highways better spent elsewhere, says economist
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
Gamuda Land sets FY2020 sales target at RM4.5b
PETALING JAYA (Oct 24): Gamuda Land, the property arm of Gamuda Bhd, has set its financial year 2020 (ending July 31) sales target (both local and overseas projects) at RM4.
BNM affordable home fund has helped 1,100 buyers to date
KUALA LUMPUR (Oct 24): The RM1 billion Bank Negara Malaysia Fund for Affordable Housing has subsidised 1,100 home purchasers as at September, according to the central bank's director of financial surveillance Qaiser Iskandar Anwarudin.
Gamuda Land introduces new mobile app
PETALING JAYA (Oct 24): Gamuda Land today launched its new mobile app Gamuda Land Mobile (GL Mobile) branded as The One App, in a bid to enhance customer service and increase brand presence.
Khazanah closing down KLCC office to cut operation costs
PETALING JAYA (Oct 24): Khazanah Nasional Bhd is closing down its office at the Petronas Twin Towers in KLCC to lower overall operational costs, according to a report today in Free Malaysia Today.
1MDB-Tanore trial: Defence seeks MACC documents from whistle-blower Justo
KUALA LUMPUR (Oct 24): Datuk Seri Najib Abdul Razak has filed a motion to compel the prosecution in the 1MDB-Tanore trial to hand over documents it obtained from the Malaysian Anti-Corruption Commission (MACC) vide a pendrive from former PetroSaudi International Ltd (PSI) employee Xavier Andre Justo.
