MBPJ checks on 'funeral parlour'
PETALING JAYA (June 2): The Petaling Jaya City Council (MBPJ) recently swooped in on a shop in Section 22 here after residents made numerous complaints that it was illegally being operated as a funeral parlour.
ECRL cost inflated, says finance minister
PETALING JAYA (June 2): The cost of the East Coast Rail Link (ECRL) – which is one of several mega projects being reviewed by the Pakatan Harapan government – has been inflated, said Finance Minister Lim Guan Eng.
Exchange 106 required MoF fund injection, says finance minister
PETALING JAYA (June 2): The development of The Exchange 106 (formerly known as Signature Tower) in the Tun Razak Exchange (TRX) international financial district required financing from the Ministry of Finance (MoF), which was not reflective of the 49:51 shareholding structure of the project between the ministry – via its unit MKD Signature Sdn Bhd - and Indonesia’s Mulia Group.
PM Mahathir: Malaysia reviews mega projects 'according to contract'
PETALING JAYA (June 1): Malaysia Prime Minister Tun Dr Mahathir Mohamad said the government will respect the terms of contracts inked by the previous administration in relation to mega projects in the country.
UEM Sunrise to reconsider plans for Gerbang Nusajaya
KUALA LUMPUR (June 1): UEM Sunrise Bhd, which had in January engaged London-based Atkins as the master planner for Gerbang Nusajaya’s transit-oriented development (TOD) plot, will reconsider its plan following the government’s decision to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) project.
HSR axing impact on Iskandar Puteri minimal
PETALING JAYA (May 31): The cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will only have a light impact on Iskandar Puteri’s property market in the medium part, as it is only a positive point to upcoming projects in the region.
HSR’s scrapping could leave a ‘hole’ in Jurong Lake District, says Singapore report
KUALA LUMPUR (May 31): Singaporeans are continuing to study the potential fallout from Malaysia’s scrapping of the Kuala Lumpur-Singapore high-speed rail.
DIY or get a pro?
To ensure your property is managed well from day one, should you hire a professional property manager or rely on your own capability to do it? Cost is often a factor when it comes to property management and the lack of funds usually pushes the management corporation (MC) of a strata building to do it on their own.
Ahmad Zaki Resources 1Q net profit up 49%
KUALA LUMPUR (May 31): Ahmad Zaki Resources Bhd's (AZRB) net profit rose 49.
