News about state

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

PETALING JAYA: The Malaysian property market has bottomed and more property purchasers are expected to return to the market in the coming months, according to Ahmad Zamzuri Kamarudin, the organising chairman of the Klang Valley edition of the Malaysia Secondary & Primary Property Exhibition 2018 (MASPEX2018 KL) organised by the Malaysian Institute of Estate Agents (MIEA).

SHAH ALAM (Sept 21): Selangor state committee chairman for the Selangor state committee on housing and urban living Haniza Mohamed Talha has revealed that the state government is evaluating a proposal to provide collateral support to Rumah Selangorku (RSK) eligible buyers who has difficulty in securing their desired loan margin.

KUALA LUMPUR (Sept 18): Gamuda Bhd confirmed the tender submitted by its wholly-owned subsidiary Gamuda (Singapore) Pte Ltd, jointly with Evia Real Estate Pte Ltd for a 51,411.

KUALA LUMPUR (Sept 13): The Syariah High Court here today allowed the Jamaluddin Jarjis’ (pictured) widow, Kalsom Ismail, and her four children (aged between 23 and 33) to intervene in his mother's faraid claim to the portion of the RM2.

Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for  real estate investment trusts (REIT).

KUALA LUMPUR (Sept 8): Guideline clarity, process transparency and constant engagement with relevant real estate stakeholders.

Many who have grown up in Petaling Jaya would likely have fond memories of attending birthday parties thrown by their schoolmates at the oldest A&W fast food restaurant in town.

The value of unclaimed estates left by the deceased since independence in Malaysia is in the region of RM60 billion, according to former Natural Resources and Environment Deputy Minister Datuk Hamim Samuri in a news report two years ago (Feb 3, 2016).

PETALING JAYA (Sept 7): The Malaysian Institute of Estate Agents (MIEA) has appointed Soma Sundram Krisnaswamy as its CEO.