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KUALA LUMPUR (Oct 14): The government will be opening up RM925 million worth of packages for the Sabah portion of Pan Borneo Highway in the first quarter of next year (1Q20).

GEORGE TOWN (Oct 14): The Penang Development Corp (PDC) will “step up” its monitoring of the state’s affordable housing projects “to ensure they are in tip-top condition”, said state local government committee chairman Jagdeep Singh Deo.

As property values have skyrocketed beyond the means of many ordinary citizens of many countries, and as even paying for the deposits required for renting a property becomes a burden that many cannot carry, the question that one individual has answered is: how do you make rental housing more affordable? A start-up has managed to make things cheaper immediately, by eliminating the security deposit.

KUALA LUMPUR (Oct 14): Mammoth Empire Holding Sdn Bhd (MEH) has sold a 61-acre tract in Damansara Perdana, Selangor, to Exsim Development Sdn Bhd for RM760 million, reported The Edge Malaysia based on government documents.

KUALA LUMPUR (Oct 14): AmInvestment Bank Bhd has maintained its "underweight" call on Gamuda Bhd at RM3.

KUALA LUMPUR (Oct 14): Former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor has today been ordered by the High Court here to enter his defence for his graft trial.

  LANGKAWI (Oct 14): Prime Minister Tun Dr Mahathir Mohamad today said the decision to lower the threshold on high rise property prices in urban areas for foreign ownership from RM1 million to RM600,000 was meant to reduce supply overhang of condominiums and apartments.

  KUALA LUMPUR (Oct 14): If one looks at the recently tabled Budget 2020 from the eyes of millennials and those of the Z generation or Gen Z, as they are called, there appears to be a decent chunk dedicated to them, so much so that Youth and Sports Minister Syed Saddiq Syed Abdul Rahman has termed it a “2020 Youth Budget”.

The article has been amended for accuracy.

KUALA LUMPUR (Oct 13): The government says its move to lower the foreign ownership threshold for condominiums and apartments in the city area to RM600,000 from RM1 million is aimed at reducing the oversupply of such units, which stood at RM8.