Khazanah board’s quit offer casts spotlight on govt transparency
KUALA LUMPUR (July 27): The move by all nine Khazanah Nasional Bhd board members to offer their resignation to the government is “appropriate” as it will give the government ample opportunity to reinvent the sovereign wealth fund, said academician Prof Edmund Terence Gomez.
Seri Teratai: Penang CM’s residence to undergo repairs
GEORGE TOWN (July 26): Seri Teratai, the official residence of the Penang Chief Minister will require some minor repairs and and renovation.
KL city centre's tight leasing market pushing owners to short-term rentals
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
Class ordered closed in Taman Tun over hand, foot and mouth disease
KUALA LUMPUR (July 26): A class at Sekolah Rendah Taman Tun Dr Ismail 2 here was ordered to close today owing to the hand, foot and mouth disease (HFMD).
‘Rentals can be a viable alternative to homeownership’
KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.
Quit-rent to be billed to Shah Alam high-rise unit owners
SHAH ALAM (July 25): A briefing was conducted on the new Shah Alam individual quit-rent during a seminar attended by joint management bodies (JMB) and management committees of stratified buildings in Shah Alam.
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
EcoWorld London in talks with pension funds, insurance companies for build-to-rent projects
LONDON CITY ISLAND (July 17): Property developer EcoWorld London is in talks with private pension funds and insurance companies for the sale of projects in 6 of its 12 active project sites, said EcoWorld International Bhd (EWI) president and CEO Datuk Teow Leong Seng.
Two more projects in Penang apply for rent-to-own scheme
PETALING JAYA (July 12): Two more projects in Penang are applying to be able to sell their units via the rent-to-own scheme, reported The Star.
