Rafizi: Public to ultimately bear burden of inflated MRT costs
KUALA LUMPUR (Jan 4): Malaysians will likely face higher taxes in future to help the government pay for the construction cost of the mass rail transit (MRT) project, which may hit above RM100 billion, according to Pandan member of parliament Mohd Rafizi Ramli.
Tell us the names of your housing contractors, Rafizi urges Felda
KUALA LUMPUR (Jan 3): Federal Land Development Authority (Felda) was asked to disclose the contractors whom it has tasked to undertake housing projects for the statutory body’s members.
Crescendo cautious about launches despite better-than-expected 9M2017
Crescendo Corp Bhd (Dec 30, RM1.
Sarawak Consolidated ventures into government affordable housing project
KUALA LUMPUR (Dec 29): Sarawak Consolidated Industries Bhd is acquiring Carlton Gardens Sdn Bhd for RM9.
‘Property outlook to remain subdued as lending stays tight’
KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.
Renaissance KL, Cap Square Tower and Aloft KL emerge as top deals
THE slowdown in the world economy took its toll on property activity and transactions in Malaysia this year, with major deals few and far between.
Selangor Properties' 4Q profit plunges 88% to RM57.4m
KUALA LUMPUR (Dec 28): Selangor Properties Bhd’s net profit for the fourth quarter ended Oct 31, 2016 (4QFY2016) plunged 88.
Iris Corp closes at 11-year low
KUALA LUMPUR (Dec 28): Iris Corp Bhd, known as developer of the world’s first electronic passport, saw its share price fall as much as 13% to an intraday low of 10 sen yesterday, after its co-founder and major shareholder sold a substantial stake in the group.
