Utilise waqf trusts to improve affordable housing ownership
KUALA LUMPUR (April 3): Banks should look into utilising waqf trusts as a tool to improve affordable home ownership in the country.
PNB has no plans to list another REIT — CEO
KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.
Dr M dismisses claims Johor govt unaware of shipping hub project
PUTRAJAYA (April 3): With the development of the world’s largest ship-to-ship (STS) hub in Johor Bahru port waters set to commence within 12 months, Prime Minister Tun Dr Mahathir Mohamad yesterday brushed aside claims that the Johor state government was not informed about it.
Cagamas inks MoU with Korea Housing Finance Corp to promote homeownership
KUALA LUMPUR (April 2): Cagamas Bhd has inked a memorandum of understanding (MoU) with Korea Housing Finance Corp (KHFC) to explore housing financing methods to further promote homeownership in Malaysia and Korea.
Residential Tenancy Act to be developed in two years, says ministry
KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.
KPKT looking to secure foreign financiers for RTO scheme
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
SunCon’s indirect unit ventures into Myanmar
KUALA LUMPUR (April 2): Sunway Construction Group Bhd’s (SunCon) indirect unit Sunway Builders (Myanmar) Co Ltd (SBM) has inked a memorandum of understanding (MoU) with a Myanmar company Capital Construction Ltd (CCL) to jointly bid for major infrastructure and construction projects in Myanmar, marking SunCon’s first foray into the Southeast Asian country.
Rumah Selangorku project too close to school, say Subang Bestari residents
PETALING JAYA (April 1): Subang Bestari residents are unhappy about another Rumah Selangorku project that is being built a bit too close to a school.
Drastic rise in SoHo, SoVo and SoFo units on auction last year
PETALING JAYA: The number of small home office units that were put up for auction last year surged to 255 units in 2018, an increase of 83% from the previous year, according to data collated by AuctionGuru.
