Johor Bahru-Singapore RTS Link’s Public Inspection Goes Virtual

To run from 15 January to 15 April, the public inspection is a requirement under the Land Public Transport Act 2010’s Section 84.

Continue ReadingJan 15, 2021

EcoWorld, UEM Sunrise Proposed Merger Aborted

Under the proposed merger by UEM Group in October 2020, EcoWorld Malaysia will be delisted from Bursa Malaysia’s Main Market and become a subsidiary of UEMS.

Continue ReadingJan 14, 2021

Critical Construction Works To Proceed Despite MCO

Detailed information on the types of work allowed will be clearly stated under the standard operating procedures (SOPs) of the construction sector.

Continue ReadingJan 13, 2021

Buyers of Genting Valley Abandoned Project Finds Closure After 17-Year Heartache

The project’s developer has commenced works on the project in 2000 before it stopped building works in 2004 due to cash flow difficulties and has since abandoned it.

Continue ReadingJan 12, 2021

Malaysia Expects Singapore’s HSR Claim By End-January

Once received, a due diligence will have to be conducted to ensure that the claim amount is reasonable and could be verified, said MyHSR Corp CEO.

Continue ReadingJan 11, 2021

CGS-CIMB Sees S P Setia Launching Up To RM3.7bil GDV Of Projects

Notable launches will be in Setia Alam, Setia Eco Hill, Setia Eco Hill 2, Setia Alamsari, Bandar Kinrara, Temasya Glenmarie, Taman Pelangi, Setia Tropika, and Setia Fontaines.

Continue ReadingJan 8, 2021

Property Sales To Rebound In H2 2021, Says Kenanga Research

The property overhang in Malaysia is expected to remain and it may not register any marked improvement unless a meaningful correction in property prices is seen in the near-term.

Continue ReadingJan 7, 2021

Malaysia's GDP To Expand 5.1% In 2021, Says Economist

The return to growth this year is expected to be broad-based, both on the economy’s supply-side where all sectors are anticipated to post an expansion.

Continue ReadingJan 6, 2021

Compensation For Cancelled HSR Project May Be Below S$270mil, Says Mustapa

He also explained that the compensation amount for the project’s cancellation could not be disclosed since there is a confidentiality clause in the agreement signed by the two countries.

Continue ReadingJan 5, 2021

Johor Hopes High-Speed Rail Project Will Continue

The discontinuation of the Kuala Lumpur-Singapore HSR project provides the federal government an opportunity to review the return on investment to the government, said Johor Menteri Besar.

Continue ReadingJan 4, 2021

Latest Report On RTS Project Presented To Sultan Of Johor

The 4km rail service will connect Malaysia and Singapore via a terminal at Bukit Chagar in Johor Bahru and a terminal at the Woodlands North station in Singapore.

Continue ReadingDec 31, 2021

Challenging Outlook For Property Sector Over The Next 12 Months - AmInvestment

Most developers saw their sales figures down by around 22% during the first nine months of 2020 from the previous year.

Continue ReadingDec 30, 2021

Where There Is Business, There Is Real Estate!

By implementing cooperation strategy between business and real estate owners, a whole new paradigm can be unlocked, and wonders can happen.

Continue ReadingDec 30, 2021

1.2 Million Homes, Premises To Have Fibre Connectivity By 2021

MCMC will aggressively work to achieve the target set out under Jendela, the national digital infrastructure plan.

Continue ReadingDec 29, 2021

Residential Tenancy Act Offers A Win-Win Formula To Tenants And Landlords

Among the provisions in the Act is a mechanism to address disputes between tenants and landlords.

Continue ReadingDec 28, 2021

12,964 Affordable Homes At Various Implementation Stages In Sarawak

Of these, 5,037 units are at the planning stage, 3,969 units are under construction, while 3,958 units are completed.

Continue ReadingDec 24, 2020

Nearly 20% Of DBKL’s PA/PPR Occupants No Longer Eligible To Stay

DBKL has so far approved 2,000 out of the 30,000 PA/PPR housing applications received.

Continue ReadingDec 23, 2020

Developers In KL To Enjoy Up To 50% Discount In Development Charges

Developers can submit their applications to DBKL for projects starting between 1 June this year and 31 May 2021.

Continue ReadingDec 22, 2020

Old KL Flats To Be Redeveloped, Have Condo-like Facilities

DBKL has already prepared the guidelines for areas with “old, rundown, small and overcrowded housing to be redeveloped under the Urban Renewal programme”

Continue ReadingDec 21, 2020

No Stamp Duty Exemption For Property Transfer From Parents To Children, Says Tengku Zafrul

He noted that the government has announced a 50% remission in stamp duty “for transfer of property based on love between parents and children”

Continue ReadingDec 18, 2020