The Ministry of Local Government Development has identified 166 housing projects that were completed late, 437 sick projects, and 115 abandoned projects as of Jan 31, according to Deputy Minister Akmal Nasrullah Mohd Nasir.
MCT Bhd has acquired a 3.9-acre plot of freehold land in Taman Desa here for RM64.65 million to undertake a condominium project with an estimated gross development value of RM500 million.
Noteworthy:
August 2022
While many would have reservations about starting a business during a recession, the founder of Firdaus & Associates Group of Companies, Datuk Firdaus Musa decided kick off his property firm anyway.
The global real estate company stated that the Juwai IQI Exponential Convention and the Juwai IQI Festival 2023 are “set to be the largest real estate events in Malaysia this year, with around 6,000 members from around the world expected to attend”.
Sime Darby Property Bhd's (SDP) net profit for the fourth quarter ended Dec 31, 2022 (4QFY2022) surged 64.34% to RM103.15 million from RM62.77 million a year earlier, on the back of higher revenue.
Noteworthy:
November 2022
He said that through the portal, everyone will know the total number of workers needed in terms of demand and supply for strategic sectors like construction and manufacturing, for example.
He said the Prime Minister Datuk Seri Anwar Ibrahim has signalled through the Budget 2023 that the government is moving in the direction of helping the poor and expecting the high income earners to contribute.
Nga said the rates that can be charged for such entities in Malaysia are now one of the lowest in the region.
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