Klang Valley land prices continue to be resilient
KUALA LUMPUR (July 17): Land prices in the Klang Valley “have remained stable and, in rare instances, even managed to fetch a premium,” The Edge Malaysia reported this week.
In rare move, MOF invites DAP lawmakers to National Recovery Plan meeting
KUALA LUMPUR (July 17): In a rare move, Malaysia's Ministry of Finance (MOF) has invited opposition lawmakers from the Democratic Action Party (DAP) to the ministry's office in Putrajaya to discuss the country's Covid-19-driven National Recovery Plan (NRP) with Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz on Thursday (July 15), during which the DAP representatives presented a RM45 billion recovery and stimulus plan for the MOF's consideration.
Judicial review challenging KVDT2 contractor's termination to commence
PUTRAJAYA (July 16): The Court of Appeal has dismissed an appeal by the federal government and transport minister against the High Court's decision to grant a stay to Dhaya Maju LTAT Sdn Bhd.
No free lunch in loan moratorium
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in June 2021 announced a six-month loan moratorium under the RM150 billion PEMULIH stimulus package.
Sri Ram says AG's May 21 letter should dispel doubts over his senior DPP appointment in Rosmah case
KUALA LUMPUR (July 15): Former Federal Court judge Datuk Seri Gopal Sri Ram told the High Court here today that Attorney-General Tan Sri Idrus Harun has issued a fiat or appointment letter to him dated May 21, 2021 to clear any doubt over his appointment as senior deputy public prosecutor or DPP in Datin Seri Rosmah Mansor's solar hybrid project graft case.
APAC corporates less likely to feel long-term impacts of Covid-19 pandemic, says Knight Frank
PETALING JAYA (July 15): Businesses in Asia-Pacific (APAC) are less likely to feel the long-term impacts of Covid-19 on their real estate portfolios, with only 14% expecting the pandemic to permanently alter their real estate strategies, according to Knight Frank’s global (Y)OUR SPACE 2021 survey, which features almost 400 international businesses with a combined headcount of over 10 million, providing an insight into the workplace strategies and real estate needs of global companies.
Zuraida applies to strike out Saifuddin Nasution's defamation suit
KUALA LUMPUR (July 14): Housing and Local Government minister Zuraida Kamarudin (pictured) has filed an application to strike out a defamation suit against her by former Cabinet member and PKR secretary-general Datuk Seri Saifuddin Nasution Ismail.
Knight Frank: Asia-Pacific prime office rental drops 4.7% y-o-y in 2Q2021
PETALING JAYA (July 14): Asia-Pacific prime office rental has dropped 0.
WCT Holdings unit gets RM828m in Dubai racecourse dispute final settlement
KUALA LUMPUR (July 14): WCT Holdings Bhd said today its wholly-owned subsidiary WCT Bhd (WCTB) and Meydan Group LLC had yesterday (July 13) entered into a settlement agreement under which Meydan will pay WCTB AED726.
DONE DEAL: Bungalow lot at Country Heights Damansara, Kuala Lumpur
Read also DONE DEAL: SoHo unit at Arcoris Mont'Kiara, Kuala Lumpur DONE DEAL: Two 3-storey shopoffices at Ara Damansara, Petaling Jaya, Selangor Spanning 200 acres of freehold land on a green hill in Kuala Lumpur, Country Heights Damansara is known as the Beverly Hills of Malaysia.
