Mall occupancy dips below 80%
KAJANG (April 30): Shopping complexes recorded a drop in average occupancy rate in 2018 to 79.
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.
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.
MMC confirms termination of PDP role for Pan Borneo Sabah
KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.
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.
A better understanding between old friends
BEIJING (April 29): Tun Dr Mahathir Mohamad had to wrap himself up in a long coat with a scarf pulled tight around his neck to keep warm when he arrived last Wednesday night to a rainy and chilly Beijing — with the temperature hitting the low teens in Celcius — despite it being the middle of spring in the Chinese capital city.
Pay your sinking fund and don’t touch it until it’s needed
PETALING JAYA (April 27): Industry experts have raised concerns over the low awareness regarding the importance of the sinking fund in strata management.
