DONE DEAL: Serviced apartment, The Sentral Residences, KL Sentral, KL
Sold for: RM1.3 million (RM1,245psf); Concluded by: Carmen Lee (REN 12639) (012-207 3989) of Reapfield Properties (HQ) Sdn Bhd; When: May 2020
Malaysian manufacturers see recovery in June
Headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June, its highest since September 2018.
Tropicana to continue introducing new developments in 2020 with GDV of RM1.6b
Moving forward, the group said it believes that there will still be demand for properties in prime locations with attractive pricing.
BLand reaches settlement with South Korea on Jeju Airest City dispute
The dispute arose from a 2009 land sale agreement for the Jeju Airest City project, which was inked between South Korea’s Jeju Free International City Development Center (JDC) and Berjaya Jeju Resort Ltd (BJR).
MIPEAC advocates HBA's call to extend Penjana initiatives to secondary market
Malaysian Institute of Professional Estate Agents and Consultants president Francis Loh: The stamp duty waiver under the HOC is only for primary market properties, and the HBA and MIPEAC urge the government to consider extending this exemption to the secondary market.
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Malaysia's active Covid-19 cases drop to 164, lowest since MCO started
Of the two new cases found today, one was detected in Kuala Lumpur and the other in Sabah.
Don’t disallow PKFZ forfeiture case just because CBT charges against OC Phang have been withdrawn — DPP
The nine respondents named in the forfeiture case are Kuala Dimensi Sdn Bhd (KDSB), who is the main contractor of the PKFZ project, along with Transhipment Megahub Bhd, Coastal Skyline Sdn Bhd, Wijaya Baru Aviation Sdn Bhd, Wijaya Baru Sdn Bhd, Wijaya Baru Construction Sdn Bhd, Bintulu MP Datuk Seri Tiong King Sing, Law Ka Hieng and Selangor Development Corporation (PKNS).
MBSB targets 3% to 4% loan growth in FY20
MBSB president and chief executive officer Datuk Seri Ahmad Zaini Othman said the bank will be focusing on the civil servants’ segment.
Retiree claims HSBC failed in duty to prevent him from being a victim of scams
He is suing bank for negligence
OCR Group posts higher revenue for 1Q
The improved revenue was mainly attributed to stronger sales and progress billings from the Isola KLCC and PRIYA Scheme Kuantan developments, and initial contribution from the group’s recently soft-launched development, The Mate in Damansara Jaya. OCR also saw higher contributions from construction works for YOLO Signature Suites in 1QFY20.
