He said that currently, the high-impact project is running smoothly and according to the set schedule as a result of support and good commitment from the state government.

Country Garden Danga Bay said in a statement it will "compensate house owners" for late delivery of vacant possession after the Federal Court decided not to grant the company permission to appeal against the purchasers’ claims.

Previously, CGDB’s judicial review applications were heard on July 17, 2019, whereupon the High Court dismissed CGDB’s application for an Order for Certiorari to quash the Housing Tribunal awards granted to the buyers earlier.

Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers. 

Sunway Malls & Theme Parks chief executive officer HC Chan said the collaboration aims to leverage each other's strengths and strong presence in a range of industries including aviation, property, education, medical tourism and hospitality.

Noteworthy:

• Freehold

• Built-up: 493 sq ft

• Fully furnished

• 1 bedroom, 1 bathroom

• Amenities: Monorail stations and KLCC LRT station, walking distance to shopping malls such as Suria KLCC, Pavilion Kuala Lumpur, Lot 10 Shopping Centre, etc

When: December 2021

Chief Justice Tun Tengku Maimun Tuan Mat ruled that the developer did not pass the threshold set under Section 96 of the Courts of Judicature Act 1964 for the court to grant leave (permission) to hear merits of the case.

Judge Syarifuddin Abdul Rasa imposed a fine of RM20,000 for each charge against Pekerjaan Piasau Konkerit Sdn Bhd, which pleaded guilty to all four counts.

Noteworthy:

• Leasehold

• Built-up: 4,489 sq ft

• Semi-furnished

• Amenities: Shopping malls such as Mid Valley Megamall and The Gardens, medical centres, clinics, hotels and schools

• Accessibility: Federal Highway, New Pantai Expressway (NPE), Jalan Bangsar and Jalan Maarof, as well as public transports including Abdullah Hukum LRT and Mid Valley KTM stations  

When: November 2021

MRA said in a statement that spiralling inflation will result from the drastic increase in labour costs, and this is going to lead to a lower standard of living for the average consumer.