News about ma

KUALA LUMPUR (Feb 16): Telekom Malaysia Bhd (TM) intends to dispose of two office towers that are adjacent to its headquarters Menara TM on Jalan Pantai Baharu, Kuala Lumpur.

To property owners eyeing rental income, finding a reliable tenant in a short time is important to maximise rental yield as the longer the property is left empty, the higher the holding cost such as monthly instalments and maintenance fees, for the owner.

PETALING JAYA: The property market is expected to remain resilient in the first half of 2019 followed by a gradual improvement in market activity, said Valuation and Property Services Department (JPPH) director Ahmad Zailan Azizuddin.

KUALA LUMPUR (Feb 15): Real estate players are of the opinion that the 1km stretch closure to vehicles along Jalan Tuanku Abdul Rahman (TAR) would raise shop tenancy rates and revitalise the historical shopping thoroughfare.

PETALING JAYA (Feb 15): Property surveyors are predicting that UK's housing market will experience the most pervasive decline in prices since February 2011 in the next three months as the Brexit approaches without an acceptable transition deal in sight, reports Reuters.

Neo 200, a CBD tower block located in Melbourne was damaged in a blaze, and residents have been told it may take up to a year before they can return to their apartments.

KUALA LUMPUR (Feb 15): Former Goldman Sachs banker Roger Ng Chong Hwa (pictured), who is facing charges linked to 1Malaysia Development Bhd (1MDB) in the US and Malaysia, has decided not to challenge the US Department of Justice's (DoJ) application for him to be extradited to the US.

KUALA LUMPUR (Feb 14): Most of the traders on Jalan Tuanku Abdul Rahman (TAR) have voiced objection to the plan by Kuala Lumpur City Hall (DBKL) to close a 1km stretch to private vehicles on the street, one of the oldest shopping districts in the city.

PENANG (Feb 14): Banks should reveal statistics of defaulters to “justify” their “strict” rules on housing loans, said Real Estate and Housing Developers Association (Rehda) Penang immediate past president Datuk Jerry Chan, reported The Star today.

KUALA LUMPUR (Feb 14): Malaysian Resources Corp Bhd (MRCB) said the works for Light Rail Transit 3 (LRT3) will resume in the second half of 2019 (2H2019), after progress had been stalled for about a year amid the government's move to reduce the cost of the project.