New Zealand bans foreign homebuyers
WELLINGTON (August 15): New Zealand's parliament passed a law on Wednesday to ban many non-resident foreigners from buying existing homes, reports Reuters.
KLCCP Stapled Group's 1H net profit rises to RM414.89 mil
KUALA LUMPUR (Aug 15): KLCCP Stapled Group (KLCCP), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, posted a higher net profit of RM414.
Kedah plans to make homeownership easier
KUALA LUMPUR (Aug 15): The Kedah government wants to make it easier for the people in the state to own homes.
Khalid: Bandar Tun Razak football field deal sealed
KUALA LUMPUR (August 15): A former football field at Jalan Jujur, which was used for various recreational activities by residents was sold to a developer for the construction of a condominium last year, and the government will not entertain any further negotiations on the land.
Najib says no objection to PAC reopening 1MDB probe
KUALA LUMPUR (Aug 15): Former prime minister Datuk Seri Najib Tun Razak said he will not object to the proposed reopening of the 1Malaysia Development Bhd (1MDB) investigation by the Public Accounts Committee (PAC) as "the truth should be known".
Pelaburan Hartanah chief: Real estate is a solid investment
KUALA LUMPUR (Aug 15): Pelaburan Hartanah Bhd (PHB) is confident it will continue to do well despite headwinds in the property market because PHB's real estate portfolio covers all sectors of the real estate market, group managing director cum chief executive officer Datuk Kamalul Arifin Othman said.
Guan Eng files motion to reopen 1MDB probe, make it public
KUALA LUMPUR (Aug 15): Finance Minister Lim Guan Eng today filed a motion for the Auditor General (AG) and Public Accounts Committee (PAC) to reopen a detailed investigation on the 1Malaysia Development Bhd (1MDB) scandal in Dewan Rakyat.
‘Proposed traffic dispersal plan for Persiaran Kewajipan may worsen congestion on Kesas’
PETALING JAYA (Aug 15): An expert has stated that the second phase of the traffic dispersal plan for Persiaran Kewajipan may worsen traffic jams on the Shah Alam Expressway (Kesas) if carried out.
KL to attempt Unesco World Heritage site status
KUALA LUMPUR (August 15): Kuala Lumpur has the potential to qualify for the United Nations Educational, Scientific and Cultural Organisation (Unesco) listing, but some elements that disrupt the landscape of the city may hinder its attempt.
Worsening Kalimantan fires smoke up Sarawak
PETALING JAYA (Aug 15): The smoke from fires in Kalimantan, Indonesia that have recently become worse are blowing into Sarawak, satellite images obtained by the Sarawak Fire and Rescue Department show.
