News about ra

JOHOR BAHRU (Oct 5): IKEA Tebrau will open its doors on Nov 16, becoming the Swedish affordable furniture’s first store in Malaysia’s southern region and the largest one in Southeast Asia.

KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): The government will increase its allocation for affordable housing in Budget 2018 from RM700 million in the previous one as housing is one of the main concerns of the rakyat, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): There must be a collaboration between the public and private sector to drive Industrialised Building System (IBS) usage, said Asian Strategy & Leadership Institute (ASLI) chairman Tan Sri Dr Jeffrey Cheah in response to the government urging property developers to adopt the technology.

KUALA LUMPUR (Oct 5): The cost to build the 350km high speed rail linking Kuala Lumpur and Singapore is expected to range between S$20 billion (RM60 billion) and S$25 billion, according to an estimate by Institute of Southeast Asia Studies (ISEAS).

PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.

SINGAPORE (Oct 5): A proposed law to support the building and running of two future rail links between Singapore and Malaysia, including the Kuala Lumpur-Singapore high-speed rail (HSR), was brought to Singapore’s parliament on Tuesday, according to The Straits Times.

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 4): TRX Residences, the residential component of the 17-acre TRX Lifestyle Quarter, is aiming to launch its first homes sometime in 1Q18.