News about ru

KUALA LUMPUR (April 25): DAP’s Lim Lip Eng (pictured) has claimed that of the 64 lots of land which Kuala Lumpur City Hall (DBKL) sold between 2014 and 2018, only 30 have been used for affordable housing, the Malaysiakini news portal reported today.

KUALA LUMPUR (April 25): Capitaland Malaysia Mall Trust's (CMMT) net property income (NPI) fell 4.

KUALA LUMPUR (April 25): The main contractor of the Penang undersea tunnel project has threatened to sue any party spreading fake news about it and the project via social media and other channels.

KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).

KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.

KUALA LUMPUR (April 24): Gadang Holdings Bhd expects its current financial year ending May 31, 2018, to end on a weaker note from the previous year, due to what it termed "sluggish market condition" of the property sector.

KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.

KUALA LUMPUR (April 23): KWEST Sdn Bhd, the property arm of Retirement Fund Inc (KWAP), will serve as a platform for the fund to invest in local property development projects, Bernama reported.

The volume and value of small size, non-landed residential properties have escalated last year as oversupply looms.

PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.