The nucleus of Southern Klang Valley
With decades of experience in town making, Gamuda Land knows a good township stems from mindful planning.
Rehda: 2019 property price turnaround unlikely
KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.
Bina Puri cautious about construction operations
KUALA LUMPUR (September 25): Bina Puri Holdings Bhd said the group’s core construction business may stay in the red for the rest of the year as many projects that it intends to participate in are still in limbo.
Court orders OC Phang to pay damages to Port Klang Authority over PKFZ losses
PETALING JAYA (Sept 25): The Shah Alam High Court has ordered former Port Klang Authority (PKA) general manager OC Phang to pay damages to the authority over losses it suffered in the Port Klang Free Zone project.
‘The sun is setting on my time in CIMB’
KUALA LUMPUR (September 25): In an Instagram post yesterday, with a picture of himself and the setting sun as the background, Datuk Seri Nazir Razak wrote that “the sun is setting on my time in CIMB”, as he revealed he would be stepping down as chairman of CIMB Group by Dec 31.
Merdeka PNB118 skyscraper aims to become KLCC alternative
PETALING JAYA (Sept 24): The Merdeka PNB118 skyscraper coming up near Stadium Negara here will become an alternative location to Kuala Lumpur City Centre (KLCC), said its developer PNB Merdeka Ventures Sdn Bhd.
Bina Puri cautious on FY18 construction biz outlook
KUALA LUMPUR (Sept 24): Bina Puri Holdings Bhd said it is cautious on the performance of its core construction business for the remaining months of its financial year ending Dec 31, 2018 (FY18), following the slew of changes to projects after the 14th general election (GE14).
Lim Guan Eng: No to foreigners-only townships
KUALA LUMPUR (Sept 24): Reiterating Prime Minister Tun Dr Mahathir Mohamad's stance, Finance Minister Lim Guan Eng emphasised that while Malaysia welcomed all foreign property investors, it was opposed to the construction of townships exclusively for foreigners.
Lim Guan Eng: Reduce house prices or govt will review SST waiver
KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.
Foreign workers seeking to extend employment must pay 80% of RM10,000 levy
KUALA LUMPUR (Sept 24): To ease the burden of developers and bring down home prices, skilled foreign labour applying to extend their employment tenure need only pay 80% of the annual RM10,000 levy on foreign workers, said Finance Minister Lim Guan Eng today.
