Axis REIT to acquire industrial property in Port Klang for RM50 mil
Axis Real Estate Investment Trust (KL:AXREIT) said it is acquiring an industrial property in Port Klang for RM50 million.
Hextar Global unit to sell Raub durian plantation land for RM13.75m
Hextar Global Bhd (KL:HEXTAR) said on Wednesday its indirect unit, PHG Ever Fresh Plantation Sdn Bhd, is selling three adjacent parcels of durian plantation land in Raub, Pahang, for RM13.75 million.
Urban Renewal Bill: Govt to raise consent threshold to 80% for all projects, demographics to be considered as debate pushed back to next Parliament sitting
The government will raise the consent threshold for urban renewal projects to 80% across the board, Housing and Local Government Minister Nga Kor Ming said on Thursday.
Anwar says Urban Renewal Bill can be improved, urges critics to give it a chance
Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.
Minister confirms no withdrawal of Urban Renewal Bill, second reading set for Thursday
The debate session on the Urban Renewal Bill 2025 (URA Bill) has been pushed back by a day, as Housing and Local Government Minister Nga Kor Ming confirmed it will not be withdrawn amid continued criticism.
KL MPs mull revival of local polls to strengthen city democracy
The call comes after the PAC urged the government to overhaul Kuala Lumpur’s land development system, citing serious issues including unchecked approvals, ignored public objections, and the sale of public land below market value.
Moratorium on housing projects in KL would hurt the city's economy, says Zaliha
Such a move would dampen the capital city’s gross domestic product heavily dependent on the construction and property-related services sectors, she said.
PAC: Outdated land formula costs govt RM136.8m in Kampung Bohol deal, needs review
The parliamentary Public Accounts Committee (PAC) found that an outdated formula to calculate land prices led to the government losing about RM136.8 million in revenue in the case of the Kampung Bohol flood retention pond project.
PAC calls for overhaul of KL land development system over unchecked approvals, ignored public objections and cheap land sales
The Public Accounts Committee (PAC) has called for the government to overhaul Kuala Lumpur’s land development system after uncovering serious issues, including unchecked approvals, ignored public objections, and the sale of public land below market value.
Ideal Capital's 2Q profit slips as cost accelerates; Ooi Kee Liang steps down as chairman
Property group Ideal Capital Bhd (KL:IDEAL) saw its net profit for the second quarter fall 14%, dragged down by a jump in cost of sales despite higher revenue.
