Malaysia’s high-rise and detached housing prices drop, first time in 10 years
KAJANG (April 30): High-rise and detached homes in Malaysia have recorded a -1.
Property market to stabilise in 2019
KAJANG (April 30): The Malaysian property market has gradually improved over 2018 and is expected to stabilise this year, on the back of increases in volume and value of total transactions at the end of 2018, according to the National Property Information Centre (NAPIC) of the Department of Valuation and Property Services.
New scheme offers RM100 shopping voucher for senior citizens
PETALING JAYA (April 30): The revamped Skim Mesra Usia Emas (SMUE) scheme will offer Selangor residents aged 60 and above a once-a-year RM100 shopping voucher for festive seasons.
Private and government valuation gap for developments needs to be narrowed
KAJANG (April 30): The gap between the private and government sector valuation for developments needs to be narrowed, said Finance Minister Lim Guan Eng.
Bursa chief sees ECRL, Bandar Malaysia as market catalysts
KUALA LUMPUR (April 30): Recent announcements such as the East Coast Rail Link (ECRL) and Bandar Malaysia projects’ revival will serve as a catalyst that will stimulate the broader equity market, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.
‘Revival of megaprojects shows govt is more business-minded’
KUALA LUMPUR (April 30): The revival of mega infrastructure projects such as the East Coast Rail Link and Bandar Malaysia development is a sign that the government is turning its attention towards growing business activity, according to Rakuten Trade.
Axis REIT 1Q NPI rises 24%, declares 2.35 sen DPU
KUALA LUMPUR (April 30): Axis Real Estate Investment Trust (REIT) net property income increased 24% for the first quarter ended March 31, 2019 (1QFY19) to RM48.
SD Plantation claims palace was used in Merlimau land deal
KUALA LUMPUR (April 30): Sime Darby Plantation Bhd (SDP) has filed a judicial review application to stop the compulsory acquisition of its 75ha land in Merlimau, Melaka, by a Taiwan-controlled company that claimed it was acting in the interest of the former Yang di-Pertuan Agong, Sultan Muhammad V, to compel it to sell the land at a below market value price of RM35.
Kimlun bags RM204.4m job to build two apartment blocks in Selangor
KUALA LUMPUR (April 29): Kimlun Corp Bhd has bagged a RM204.
KPKT introduces five-yearly checks to ensure buildings safe
AMPANG JAYA (April 29): The recent crack at Block F of the Taman Keramat Permai PKNS Flats here has prompted the Housing and Local Government Ministry (KPKT) to come up with a new policy stipulating a five-year review for old low-cost flats built by the state.
