A responsible government should ensure its citizens have a roof over their heads. Recognising this, the government has implemented several policies to assist the rakyat in acquiring homes, one of which is the Bumiputra Housing Policy. Introduced as part of the New Economic Policy in the 1970s, this policy aimed to reduce the income disparity…
Read MoreNo change to construction sector SST revenue threshold of RM1.5m, says Ahmad Maslan Deputy Minister of Works Datuk Seri Ahmad Maslan told the Dewan Rakyat that the RM1.5 million threshold is appropriate, and small-scale contractors with project values below this threshold will not be impacted by the tax. KUALA LUMPUR (July 28): The government will…
Read MoreBy Joseph Wong For generations, Malaysians have lived by an unwavering belief: Buy property. It never depreciates. This axiom has been deeply ingrained, marketed as an infallible shield against inflation, a tangible emblem of success and a steadfast repository of wealth consistently outpacing market volatility. Yet, in the current economic landscape, this long-held conviction is…
Read MoreWith a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences. KUALA LUMPUR (July 25): Sime Darby Property Bhd (KL:SIMEPROP) (SDP) has reported 85% committed occupancy for the Kuala Lumpur Golf & Country Club (KLGCC) Mall (pictured) as of July…
Read MoreWan Azizah: Infrastructure, congestion in Bandar Tun Razak important issues in 13MP Member of Parliament for Bandar Tun Razak, Datuk Seri Dr Wan Azizah Wan Ismail said the results of the public engagement session for the 13MP held on Friday, also highlighted the lack of recreational parks around the area. KUALA LUMPUR (July 25): Various…
Read MoreKUALA LUMPUR (July 25): Bank Muamalat Malaysia Bhd is the first bank in Malaysia to introduce a Step-Up Profit Rate (Super) package under the Housing Credit Guarantee Scheme (SJKP), a government-backed initiative aimed at expanding affordable homeownership among underserved communities. Through the SMART Mortgage SJKP Super, Bank Muamalat is providing a more inclusive and flexible…
Read MoreFadillah (centre) officially launching AREC and ARCHIDEX 2025 with Nga (third from left), Adrianta (left), Lim (right) and other officials at KLCC. — FAIHAN GHANI/The Star KUALA LUMPUR: Housing and Local Government Minister Nga Kor Ming has called for Asean countries to strengthen their regional collaboration to tackle the housing trilemma: Affordability, accessibility and sustainability….
Read MoreKUALA LUMPUR (July 24): SkyWorld Development Bhd launched SkyAwani PRIMA Residences yesterday, the newest addition to its award-winning Awani Series. Strategically located in Brickfields, SkyAwani PRIMA Residences is a joint development with Perbadanan PR1MA Malaysia, “furthering SkyWorld’s mission to deliver quality, affordable homes within Kuala Lumpur”, stated SkyWorld in a media release. The Awani Series…
Read MoreRE surcharge exemption for grid-based green power, open market power programme starting August—Energy Ministry The exemption, beginning Aug 1, is also extended to open market green energy programmes, namely the Corporate Renewable Energy Supply Scheme (CRESS) and Community Renewable Energy Aggregation Mechanism (CREAM) KUALA LUMPUR (July 24): Subscribers of Malaysia’s Green Electricity Tariff (GET) will…
Read MoreLee (second from left), Fadillah (fourth from left) and Nga (fourth from right) pose for a group picture with Maybank’s senior team members. PETALING JAYA: SkyWorld Development Bhd (SkyWorld) has launched SkyAwani PRIMA Residences, a joint development with PR1MA Corporation Malaysia (PR1MA) located in Brickfields. The development offers 492 units of 900 sq ft each…
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