The PropertyGuru Home Giveaway initiative is PropertyGuru’s way of giving back to Malaysians at an unprecedented time when the country and its people are faced with a weak economy due to COVID-19.

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A Bangladeshi construction worker was killed after metal scaffolding collapsed at the construction site of LRT3 in Bandar Bukit Tinggi, while four workers in their 30s suffered minor injuries.

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Driven by strong take-up rates from new phases launched in FY2021, Glomac has achieved new sales of RM231 million despite being hampered by the COVID-19 pandemic.

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With the vaccination programme in full force, the pandemic is forecasted to be under control by end-2021 before a robust recovery starts in 2022.

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KPKT said the permission to operate applies to developers that are still active and have valid APDL under the Housing Development (Control and Licensing) Act 1996.

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The e-Tanah system is set to be fully developed by 2024 and will be expanded in Putrajaya, Labuan, Selangor, Pahang, Terengganu, Kedah, Johor, Kelantan and Perlis.

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To date, Tropicana has joined forces with 11 corporations, completed over 45 successful joint venture projects with a total GDV of over RM13 billion over the course of 25 years.

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An industry player said that the property overhang is not expected to increase substantially as most developers have responded well to the change in the market trend since 2015.

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With malls becoming a “Green Bubble” environment, members of the public can visit them to seek relief after being cooped up for so long and for some mental health therapy and physical exercise, said six trade associations.

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With these new housing units, the total house supply in Penang is expected to reach 220,000 units, including low-cost, low-medium and affordable ones by 2030.

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As of 20 July, 60.26% (24,106) of workers registered under the CIVac programme had been given their first dose of COVID-19 vaccine.

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The American multinational hotel chain operator is set to open two new hotels – Fairfield Kuala Lumpur Jalan Pahang as well as Four Points by Sheraton Desaru in Johor – in the fourth quarter of 2021.

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Since its launch last July, Phase 1A of Senadi Hills has recorded more than 85% in finalised sales while the later Phase 1B showed equal star power with a take-up rate of 75% after just several months.

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The international credit rating agency said Malaysia’s economy is recovering gradually from last year’s 5.6% contraction caused by the COVID-19 pandemic.

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MoF and IWH-CREC Sdn Bhd have mutually agreed to terminate the deal for the latter to buy a 60% stake in the Bandar Malaysia project that is located in the former Air Force base in Sungai Besi for RM7.4 billion.

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The investment bank noted that developers also showed willingness to sacrifice margin by focusing on the affordable housing segments in line with market demand.

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