News about minister

PETALING JAYA (Dec 29): Finance Minister II Datuk Seri Johari Abdul Ghani has told property developers to check with the Urban Wellbeing, Housing and Local Government before embarking on high-end property projects to avoid contributing to oversupply of this type of property.

KUALA LUMPUR (Dec 12): Plantation company Harn Len Corp Bhd announced today that it has engaged a law firm to protest the compensation awarded to its subsidiary for a compulsory land acquisition in Johor Bahru.

KUALA LUMPUR (Dec 7): Home loans worth RM57 billion were approved by banking institutions to 142,558 first-time homebuyers from January until September this year.

KUALA LUMPUR (Dec 5): Despite an announced freeze of approvals for shopping complexes, offices and condominiums priced above RM1 million, developers can still build offices and shopping malls, provided they justify their projects to the relevant minister, according to second finance minister Datuk Johari Abdul Ghani.

KUALA LUMPUR (Nov 29): A week after highlighting the government will not make a U-turn on its blanket ban on luxury property developments with units above RM1 million, Second Finance Minister Datuk Seri Johari Abdul Ghani says he will ask the prime minister to allow such projects in major cities.

PETALING JAYA (Nov 21):  The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.

PETALING JAYA (Oct 6): There is a risk of a housing bubble if two key issues are unattended – namely the property glut in the higher-end segment and rising home prices, said Minister of Finance II Datuk Seri Johari Abdul Ghani.

PETALING JAYA (Aug 21): The number of construction projects that were assessed with the Quality Assessment System in Construction (Qlassic) have increased 15% to 311 projects in 2016 from the previous year.

KUALA LUMPUR (May 19): Opposition lawmaker Tony Pua has lambasted Prime Minister Datuk Seri Najib Razak for making up plans for Bandar Malaysia as he goes along, and criticised the development as one that “lacked any direction”.

KUALA LUMPUR (April 12): The value of the road projects which Malaysian firms are bidding for in India’s Rajasthan state is US$1.