SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.
In welcoming the announcement, GBI chairman, Assoc. Prof. (Ind.) Ar. Sarly Adre Sarkum said GBI will complement the government’s move by reducing the registration fees for GBI-certification of these housing projects by 50%.
Neighbourhood mall the Curve in Petaling Jaya, under Boustead Holdings Bhd, has recovered with 40 new leases and an occupancy rate of 92% in 2022.
S P Setia Bhd celebrated International Women’s Day (IWD) recently with a series of events with its business associates and staff at the S P Setia Corporate HQ.
Operations of six Light Rail Transit (LRT) stations on the Ampang-Sri Petaling line, involving the Bandaraya, Sultan Ismail, PWTC, Titiwangsa, Sentul and Sentul Timur stations, will be suspended from Sunday (April 2).
Kenanga Research foresees that Bank Negara Malaysia (BNM) has reached the end of its monetary tightening cycle and will keep the overnight policy rate (OPR) unchanged at 2.75% for the rest of the year.
The Association of Banks in Malaysia (ABM) said its bank members will expand the usage of standardised key provisions for housing loan agreements to individuals regardless of the loan amount by April 1.
Noteworthy:
When: November 2022
All new affordable housing projects will undergo tests and analyses, including wind tunnel tests and sun-path analysis, to provide liveable and comfortable homes for the bottom 40% household income group (B40) and the middle 40% (M40), Local Government Development Minister Nga Kor Ming said.
Twenty sick private housing projects involving 1,784 units had been revived and obtained certificates of completion and compliance (CCCs) as of Feb 28, said Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir.
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