News by M

Unsold properties continue to remain at an elevated level, driven by serviced apartments, small office home office (SOHO) units, and houses priced above RM500,000 in less popular locations, said Bank Negara Malaysia

According to its financial statements, its construction segment posted a 30% fall in net profit contribution year-on-year to RM51.57 million, while the property segment saw an 80% drop in net profit to only RM8.14 million.

Declining daily Covid-19 numbers and the rollout of Covid-19 National Immunisation Programme are main factors

The number of active cases dropped for the second consecutive day to 14,199 as the number of recoveries (1,148) was higher than the new cases

Lawyer Aliff Benjamin Suhaimi, who is representing the Taman Tun Dr Ismail Residents Association (TTDI), confirmed the hearing date

Residential units made up almost all of the sales with a total of 5,736, including 2,467 units of two- and three-storey terrace houses, 1,225 units of serviced apartments and 1,082 units of apartments/condominiums.

Rehda Malaysia president Datuk Soam Heng Choon urged the government to extend HOC till the end of the year as the majority of the developers opine that the campaign is effective in boosting sales

Rehda president Datuk Soam Heng Choon: The mandatory testing for on-site workers and some construction sites which have infection clusters were forced to halt operation for ten or 14 days, these have affected the construction progress

Shahrir, who has been charged with failing to declare the RM1 million he received from former prime minister Datuk Seri Najib Razak to the Inland Revenue Board (IRB), applied in August last year to be tried in the High Court despite being charged in the Sessions Court.

Sime Darby bought into E&O about a decade ago, in 2011