By Joseph Wong In the age of information, how did the domestic property market end up with a significant disparity between the demand and supply of homes? Despite a pressing need for homes, there is still an excess of roofs that exceed the means of the average individual. The National Property Information Centre (Napic) statistics…
Read MoreKUALA LUMPUR (March 12): Malaysia Rail Link Sdn Bhd (MRL), a wholly-owned subsidiary of the Minister of Finance (Incorporated), has established its Islamic Commercial Papers and Islamic Medium Term Notes Programme of up to RM10.21 billion in nominal value, with an option to issue Sustainable and Development Goals (SDG) Sukuk. The Sukuk Murabahah programme…
Read MoreKUALA LUMPUR (March 12): Logistics service providers are now further exempted from paying service tax for related services, to reduce instances of cascading effects or double taxation, the Ministry of Finance said. This is an additional scope of exemption to logistics services business-to-business (B2B) transactions, which previously only covered the same logistic services components….
Read MoreBy Joseph Wong In the realm of real estate, the allure of a smaller home often carries with it the promise of affordability. Many buyers are drawn to the idea of downsizing or opting for a cosy space that seems easier on the wallet. However, beneath the surface lies a stark reality: Purchasing a smaller…
Read MoreKUALA LUMPUR (March 12): The East Coast Rail Link (ECRL) project has completed excavation works of 30 tunnels along its rail alignment to date after it achieved three tunnel breakthroughs in a single day within the Bentong district. In a statement on Tuesday, ECRL project owner Malaysia Rail Link Sdn Bhd (MRL) said three ECRL…
Read MoreKUALA LUMPUR (March 11): Varia Bhd, formerly known as Stella Holdings Bhd, has signed a Memorandum of Understanding (MOU) with Sungai Klang Link Sdn Bhd to offer its expertise in assisting the preparation, management, control, and execution of works for the proposed Sungai Klang Link (SKL) elevated highway. SKL is a special purpose vehicle established…
Read MoreKUALA LUMPUR (March 11): The East Coast Rail Link (ECRL) is anticipated to contribute a 3.8% increase to Malaysia’s gross domestic product (GDP) by 2047 by enhancing trade, boosting tourism and stimulating regional development. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ECRL project, valued at almost RM75 billion, is…
Read MoreZaliha (centre) spoke to a new homeowner of SkyAwani 5 Residences at the showroom unit while Lee (right) and Parang (standing) listened attentively. PETALING JAYA: Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa has presented keys to homeowners of SkyAwani 5 Residences, a development by SkyWorld Development Bhd with an 84% Qlassic…
Read MorePA Hang Tuah stakeholders provide input on the social make-up of their living spaces. KUALA LUMPUR: Think City, a leading impact organisation in urban rejuvenation, has announced the launch of Geran Komuniti Kita-untuk-Kita (K2K), a grant programme designed to empower communities living in public housing to transform their liveability and communal living spaces. This initiative is a key…
Read MoreKUALA LUMPUR (March 11): SkyWorld Development Bhd held a key handover ceremony for its SkyAwani 5 Residences’ homebuyers last Saturday (March 9). According to a press release, the homeowners were presented the keys to their respective homes from minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa during the event. With a gross…
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