KLK Land partners Kuen Cheng Education to build second high school campus in Sg Buloh The partnership aims to provide quality education to residents in the Northern Klang Valley Corridor by expanding the area’s integrated education zone. Among the schools in this zone are: Wesley Methodist Private School, SJK (T) Ladang Coalfields, and a new…
Read MoreKUALA LUMPUR (July 30): Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF), has awarded LBS Bina Group Bhd (KL:LBS) development rights for an RM8.3 billion residential project in the Kwasa Damansara township. The Development Rights Agreement was signed between Kwasa Land and LBS’ subsidiary LBS Kwasa Damansara Sdn Bhd,…
Read MoreAs part of the Phase 1 development of GRIP Kota Puteri, PKNS is introducing 13 industrial land lots ranging in size from 3.71 to 6.62 acres, suitable for various industrial needs. SHAH ALAM (July 30): The Selangor State Development Corporation (PKNS) yesterday organised a preview/industrial showcase of GRIP Kota Puteri Phase 1 to promote the…
Read MoreEPIQ data reveal inflated prices in KL condo transactions that disrupt market valuations If these hidden kickbacks are indeed influencing appraisals, they can infiltrate the valuation process and establish systemic errors. PETALING JAYA (July 29): Records of multiple condominiums trading at more than double their median prices psf have triggered alarms over potential transaction discrepancies. …
Read MoreHe said that the train operations at the affected stations will begin at 9am, instead of 6am, to allow comprehensive testing of the new signalling system before its full implementation. KUALA LUMPUR (July 29): Upgrading works on the LRT Kelana Jaya Line signalling system are expected to affect more than 27,000 train commuters, according to…
Read MoreBy Datuk Chang Kim Loong Continuing the article entitled Selangor Sets a Precedent with Bumi Lot Penalty Waiver, this Part 2 article discusses what should be an appropriate amount to be paid. In a letter dated Jan 27, 2025 from the Selangor Property and Housing Board (LPHS) to the land proprietor’s liquidator, it was stated that…
Read MoreA 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 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…
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