News about ra

  PETALING JAYA (Jan 30): The magistrate’s court at Putrajaya has released the chairman of an engineering consultancy who had been remanded for five days since Jan 25 to assist the Malaysian Anti-Corruption Commission (MACC) in its investigation into a three-highway and undersea tunnel project in Penang, reported Bernama.

PETALING JAYA (Jan 29): There is still concern about the “sustainability” of the retail sector in Kota Kinabalu, Sabah in 2H17 as there is an absence of proposed new launches for the retail sub-sector, which is similar to 1H17, said property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): More retailers are expected to embrace the “clicks and mortar” concept as e-commerce sees rapid growth in Malaysia, said Knight Frank Malaysia in its latest research report titled “Real estate highlights for 2nd half of 2017”.

PETALING JAYA (Jan 29): The second half of 2017 saw some property developers postponing new launches while clearing existing stocks by offering attractive discounts and incentives, including absorbing legal fees, stamp duties and providing furnishing in some projects, according to property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): While several new phases of high-end condominiums and serviced apartments were launched with higher prices psf, more discounts on these properties were also offered amid a slow market, said Knight Frank Malaysia in a report.

PETALING JAYA (Jan 29): The outlook for Kuala Lumpur and beyond Kuala Lumpur (Selangor) office markets continues to be gloomy, Knight Frank Malaysia said in a report today.

KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.

KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.

KUALA LUMPUR (Jan 29): The probe into the crane accident in Taman Desa last week could lead to a possible court case, said the Department of Occupational Safety and Health (DOSH) yesterday.

PETALING JAYA (Jan 28): The controversial purchase of the UniLodge building in Melbourne by Mara Incorporated Sdn Bhd was based on bloated valuations by the Malaysian branch of Raine and Horne, reported the Sydney Morning Herald (SMH).