Ministry sets up taskforce to tackle 381 'sick' private housing projects
The Ministry of Local Government Development will establish a taskforce to tackle 381 “sick” private housing projects, it said in a statement on Friday (Dec 30).
New govt voices support for stamp duty exemptions given to first-time home buyers
The new government is supportive of the 50% stamp duty exemption given to first-time home buyers for the transfer of residential properties priced between RM500,000 and RM1 million, said Local Government Development Minister Nga Kor Ming.
Bursa reprimands Top Builders for late issuance of 2021 annual report
Bursa Malaysia Securities has publicly reprimanded Top Builders Capital Bhd for failing to issue its annual report for the 18-month period ended June 30, 2021 (FY2021) within the stipulated time.
Hoteliers urge Putrajaya to reintroduce strict SOP to protect tourism industry
The Malaysia Budget & Business Hotel Association (MyBHA) has urged the government to immediately reintroduce a strict standard operating procedure (SOP) as a preparedness measure in addition to ensuring that Malaysia becomes a destination of choice for foreign tourists to visit.
‘Harry & Meghan’ Netflix mansion up for sale at US$33.5 mil
The Mediterranean-style home has six bedrooms on 13,599 sq ft and includes “ocean and mountain views, multiple terraces, and a regal great room chandelier and arched windows”.
Economists expect more OPR hikes up to 3.25% in 2023
Economists expect more overnight policy rate (OPR) hikes to combat inflationary pressures in 2023, with CGS-CIMB expecting two more 25-basis-point increases to 3.25% from 2.75% currently.
TAFI Industries wins RM205 mil job to build 941 Soho units in Subang Jaya
TAFI Industries Bhd's unit has secured a RM205 million contract to build 941 units of Small Office Home Office (Soho) and related facilities in Subang Jaya, Selangor for the project's main contractor, Metbuild Sdn Bhd.
Sunway REIT to sell Sunway Medical Centre buildings back to Sunway's healthcare arm for RM430 mil
Sunway Real Estate Investment Trust is going to sell a seven-storey purpose-built hospital and land it bought for RM310 million a decade ago from Sunway Bhd's healthcare arm under a sale-and-lease-back arrangement — known as Tower A & B of Sunway Medical Centre — back to the latter for RM430 million.
MACC probing shares disposal in KL Tower management concession company
The Malaysian Anti-Corruption Commission (MACC) is investigating the alleged suspicious disposal of ownership of the company that owns the concession to manage the Kuala Lumpur Tower (KL Tower).
PTT Synergy to buy industrial land in Klang from Sime Darby Property
PTT Synergy Group Bhd has proposed to acquire a piece of industrial land in Bandar Bukit Raja, Klang from Sime Darby Property Bhd for RM12.25 million.
