Three companies face fine for bid rigging in RM45m PPJ tenders — MyCC
The companies involved are Abadi Malaysia Sdn Bhd, Kota Lanskap Sdn Bhd and Usia Maintenance Sdn Bhd.
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Works Ministry drafting new national slope policy — Nanta Linggi
The policy has been proposed to take effect starting this year until 2035, taking into account current developments and more proactive measures to reduce any incidents such as landslides.
Malaysia’s property sales surge 23.8% y-o-y to RM105b in 1H2024, says Napic
Malaysia’s property transaction value soared to RM105.65 billion in the first half of 2024 (1H2024), marking a 23.8% year-on-year (y-o-y) increase — the highest in five years — according to the National Property Information Centre (Napic).
Lower toll rates possible if highway development costs properly managed, says PM
Prime Minister Datuk Seri Anwar Ibrahim said that toll rates could be reduced if highway development costs are managed effectively and are free from leakage or corruption.
Majority of Gen Z prefer landed property — EdgeProp survey
High-rise developments are taking over the property market in urban areas for many reasons, including catering to younger homebuyers looking to move out and gain independence sooner rather than later. However, the very same demographic being targeted might actually be dreaming of owning landed properties instead.
BNM in no rush to adjust interest rate amid stable inflation and growth outlook, economists say
Bank Negara Malaysia (BNM) is under no pressure to adjust its benchmark interest rate, despite global central banks leaning towards policy easing, thanks to stable inflation and a positive growth outlook, economists said.
Cabinet approves rebranding of PPR to PRR, says Nga
The Cabinet has approved the rebranding of the People's Housing Programme (PPR) to the People's Residency Programme (PRR).
BNM keeps OPR at 3% as widely expected
Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation.
DONE DEAL: Semidee house, Flora Ville, Skudai, Johor
Noteworthy:
- Freehold
- Built-up size: 3,000 sq ft
- Land size: 3,200 sq ft
- 7 bedrooms, 6 bathrooms
- Semi-furnished
- Nearby amenities: Universiti Teknologi Malaysia, Taman Universiti Shopping Centre, SMK Seri Pulai Perdana, Impian Emas Golf Club and Driving Range
- Accessibility: Skudai-Pontian Highway, Skudai Highway, Jalan Bukit Impian
When: February 2024
DONE DEAL: Terrace house, The Mansions, Desa ParkCity, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 7,100 sq ft
- Land size: 4,100 sq ft
- 6 bedrooms, 8 bathrooms
- Semi-furnished
- Nearby amenities: The Central Park, The Waterfront @ ParkCity, Plaza Arkadia, The International School @ ParkCity, Publika Shopping Gallery, Damansara Specialist Hospital
- Accessibility: LDP, North-South Expressway, NKVE, DUKE, SPRINT-Penchala Link, MRR2, Jalan Lang Emas
When: August 2024
