Putra Heights fire: Reconstruction of damaged homes expected to take two years, says Nga Housing and Local Government Minister Nga Kor Ming said that so far, the reconstruction and repair work on 219 affected homes had been carried out according to plan and within the set time frame. KUALA LUMPUR (May 13): The reconstruction and…
Read MoreSituated just 800m from the upcoming LRT3 Stadium Shah Alam station, BAYU @ Mori Park is a mixed-use development featuring serviced apartments and commercial components such as flexi suites and retail lots. SHAH ALAM (May 13): OSK Property has launched a transit-oriented development (TOD) named BAYU @ Mori Park here. The 3.41-acre mixed-use development has…
Read More“Rent out your property if you’re not moving in immediately and aim to cover at least 70% of your instalment to avoid financial burden,” Faizul said. KUALA LUMPUR (May 12): There is a growing awareness among youths today on the opportunities present in real estate investment, where you can either make profits through reselling your…
Read MoreKUALA LUMPUR (May 9): The Real Estate and Housing Developers’ Association (Rehda) Malaysia has welcomed the government’s revision of the Sewerage Capital Contribution (SCC) rates, which took effect on March 1. The new structure, announced by the National Water Services Commission (SPAN), introduces a five-tier system based on unit pricing. SCC charges now range from…
Read MoreHo said the revision of the SCC rates is expected to benefit the property development industry. PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) has expressed its appreciation for the recent announcement by the National Water Services Commission (SPAN) regarding the revision of Sewerage Capital Contribution (SCC) rates, which is expected to benefit…
Read MoreKUALA LUMPUR (May 7): The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after its…
Read More“Our cities should build more pocket spaces for the youth, to allow them to gather with friends in a public space,” Nur Safuraa said. KUALA LUMPUR (May 7): A sense of belonging is important for youths, especially in urban areas where many are seeking to define themselves. However, are we doing enough to promote the…
Read MoreRevenue for the quarter jumped 52.74% to RM62.06 million from RM40.63 million a year ago, according to its filing with Bursa Malaysia. No dividend was declared for the current quarter. KUALA LUMPUR (May 7): Property developer I-Bhd (KL:IBHD) reported that its net profit more than doubled in the first quarter of FY2025 from a year…
Read MoreKUALA LUMPUR (May 2): Battersea Power Station is to bring forward a new phase of residential, retail, community and leisure development having secured detailed planning approval from Wandsworth Council, completing Electric Boulevard, London’s newest high street. “This latest phase adds two new Gehry Partners designed residential buildings comprising 306 new homes. “They will form an…
Read MoreFMM calls for national action plan to address shortage of proper accommodation for workers Its president Tan Sri Soh Thian Lai proposed that the action plan be implemented jointly by the Ministry of Housing and Local Government, the Ministry of Human Resources, and local authorities. KUALA LUMPUR (May 2): The Federation of Malaysian Manufacturing (FMM)…
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