News about ren

KUALA LUMPUR (March 16): Pestech International Bhd has inked a Memorandum of Understanding (MoU) with a Japanese renewable energy power plant developer for a potential joint investment in the bidding for the Large Scale Solar Photovoltaic Plants for Peninsula Malaysia (LSS 3 Project) According to a bourse filing, the group’s wholly-owned subsidiary Pestech Power Sdn Bhd (PPW) inked the MoU with Japanese outfit RS Renewable KK (RSRKK), which is effective yesterday until legally binding contracts have been executed.

  KUALA LUMPUR (March 15): Platinum Victory will be unveiling its first project in Old Klang Road, Kuala Lumpur called Platinum Arena with an estimated gross development value (GDV) of RM421 million, within the second quarter of this year.

JOHOR BARU (March 5): A contractor has been ordered by the Consumer Claims Tribunal to pay RM25,000 compensation for failing to complete the renovation of a house in Masai.

SINGAPORE (March 4): Ground-floor retail rents along Orchard Road are expected to climb 0.

To property owners eyeing rental income, finding a reliable tenant in a short time is important to maximise rental yield as the longer the property is left empty, the higher the holding cost such as monthly instalments and maintenance fees, for the owner.

PUTRAJAYA (Jan 30): Amid the slew of financial scandals seen since the change in regime last year, such as the ones involving 1Malaysia Development Bhd, Lembaga Tabung Haji and the Federal Land Development Authority, the Pakatan Harapan government yesterday launched a five-year action plan to stem similar misdeeds in the future.

KUALA LUMPUR (Jan 28): Houses under KPKT’s Rent-to-Own scheme can only be resold to the ministry to prevent speculation, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (Jan 28): After working for four months, the Housing and Local Government Ministry (KPKT) has finally unveiled the National Housing Policy (Dasar Perumahan Negara/DRN) 2018–2025 today, with the objective of gathering public and private sector resources to solve the demand and supply mismatch problem.

KUALA LUMPUR: While reports of lay-offs by various companies in the past year have caused some anxiety in the job market, economists say they are not yet of alarming proportions.

KUALA LUMPUR (Jan 21): Tan Sri Abdul Aziz Abdul Rahman’s call to retain the Sedition Act 1948 has resulted in a strong reaction.