News about rd

IPOH (Aug 14): The High Court here has today allowed Datuk Seri S Vell Paari's application for a stay of proceedings of a suit filed by a ‘companion’ of his father Tun S Samy Vellu (pictured), pending the disposal of his application to ascertain the mental health of his father.

The Covid-19 pandemic almost paralysed Malaysia during the Movement Control Order (MCO) lockdown period for six weeks from March 18, but business owners are optimistic that the market is gradually resuming its pace especially in the current Recovery MCO.

PETALING JAYA (Aug 13): UEM Sunrise Bhd appointed Datuk Noorazman Abd Aziz (pictured) as its new chairman of the board of directors, effective today.

KUALA LUMPUR (Aug 13): S P Setia Bhd has achieved RM875 million in sales for the first half-year ended 30 June 2020, with local projects contributing RM702 million, the company announced.

拥有自己的房子是许多大马人民的目标之一，但当房价增长的速度超越人民收入增加的速度时，一般人民的拥屋愿望似乎更加遥不可及，也加重了一般家庭的债务负担。 自1990年开始，我国房价因种种移速而节节攀升，包括历史新低的贷款利率，加上历届政府推出的种种拥房政策，如拥屋计划（HOC）、发展商利息承担方案（DIBS）、下调产业盈利税以及商业银行积极发放房贷。自那时起，国内房屋的可负担性已经约降低50%。 与此同时，房价上涨使房地产发展的赚幅也跟着水涨船高，促使发展商们不断兴建新项目，最后导致市场供应过多，新房子滞销情况比比皆是，这是导致国内房产越来越不可负担的原因。 房屋发展的原意是为人民提供一个栖身之所，然而，房地产发展领域同时也是国家经济活动、就业率和税收的主要贡献领域。 如同金融服务领域，我们相信产业发展领域需要彻底的改革，从其生态和营运系统下手，根治目前我们面临的窘境。 邻国新加坡提供了我们一个有趣的案例。该国的私人房产发展项目售价在全球是数一数二的高，一栋殖民时期的独立式洋房售价可超过S$2亿（相等于RM6.

PETALING JAYA (August 7): Eco World Development Group Bhd (EcoWorld) is offering Norton Garden purchasers numerous benefits under the InstaYours Home Ownership Programme, one of the key benefits is “pay nothing” until vacant possession.

SHAH ALAM (Aug 7): After two decades, 203 Idaman Warisan homeowners can finally rejoice as they received their keys to their homes at a handover ceremony yesterday organised by the Menteri Besar Selangor Incorporated (MBI Selangor).

PETALING JAYA (Aug 7): Residents at Estuari Gardens in Iskandar Puteri, Johor, will soon see their township becoming a popular destination for watersports and leisure activities after a series of rejuvenation projects.

Sold for: RM500,000 (RM420 psf) Concluded by: Jin Teok (REN 24772) (012-771 7963) of Fortress Real Estate Sdn Bhd When: June 2020 Noteworthy: ● Leasehold ● Built-up size: 1,190 sq ft ● Three bedrooms; two bathrooms ● Unfurnished unit ● Low floor unit with a garden view ● Facilities: Two infinity pools, a clubhouse, two lap pools, two children’s pools, sauna, gym, badminton court, steam room, barbecue area and a tennis court ● Amenities: Schools, shopping malls, hypermarket and supermarket, hospital, medical centre, eateries and restaurants, commercial hub and banks ● Easy access via Damansara-Puchong Expressway (LDP), Western KL Traffic Dispersal System (SPRINT) and Kuala Lumpur Middle Ring Road 2 (MRR2) Read also DONE DEAL: Factory, Kawasan Perusahaan Bandar Sultan Sulaiman, Klang, Selangor DONE DEAL: Condo unit, Seri Hijauan, Shah Alam, Selangor Metropolitan Square is a mixed development project by MK Land Holdings (now known as EMKAY Group).

KUALA LUMPUR (Aug 4): The third wave of Covid-19 infections in Malaysia will be "inevitable" if the country loosens its border control, said Health director-general (D-G) Dr Noor Hisham Abdullah.