KUALA LUMPUR (April 10): A total of 190 homes affected by the gas pipeline fire in Putra Heights, Subang Jaya, last Tuesday (April 1) have been reoccupied, after inspections confirmed they were safe for residents to return. Selangor police chief Datuk Hussein Omar Khan said that as of Wednesday (April 9), 487 affected homes have…
Read MoreYNH Property’s independent review reveals interconnected directors, shareholders in RM1.1b JV deals The review also found that many JV companies shared common addresses and company secretaries. KUALA LUMPUR (April 10): YNH Property Bhd’s (KL:YNHPROP) independent review of RM1.1 billion worth of joint ventures (JVs) and turnkey contracts revealed that overlapping directors and shareholdings created an…
Read More“These people have been working at the tower for many years. As the company overseeing operations now, I don’t believe in replacing people simply because there’s a change. If they haven’t made any serious mistakes, why should they go?” KUALA LUMPUR (April 9): Emphasising a people-first approach, Lim Seong Hai (pictured) Capital Bhd (KL:LSH) non-executive…
Read MoreKerjaya Prospek’s stock bounces after job win, analysts see buoyant earnings ahead There are still construction jobs worth RM520 million from property launches by related party Eastern & Oriental Bhd for Andaman Island this year, according to RHB Investment Bank’s estimates. KUALA LUMPUR (April 8): Kerjaya Prospek Group Bhd’s (KL:KERJAYA) stock bounced on Tuesday after the…
Read MoreKUALA LUMPUR: The Ministry of Housing and Local Government (KPKT) has blacklisted 109 property developers for failing to comply with the set regulations, said Minister Nga Kor Ming. Ng said the move is part of the ministry’s continuous effort to protect homebuyers’ interests. “The move to blacklist these developers sends a clear message that we…
Read MoreKUALA LUMPUR (April 7): The Housing and Local Government Ministry (KPKT) has blacklisted 109 developers because of non-compliance with regulatory requirements. Its minister Nga Kor Ming (pictured) revealed the names of the developers and issued a stern warning about the importance of adhering to housing regulations. “According to the National Housing Department (JPN), a total…
Read More“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today. What is the loss of opportunity for that land value in 50 years?” KUALA LUMPUR (April 7): Incremental housing may sound…
Read MoreKUALA LUMPUR (April 7): Housing and Local Government Minister Nga Kor Ming (pictured) will meet with Prime Minister Datuk Seri Anwar Ibrahim on Monday to discuss the best formula to help victims of the fire and gas pipe explosion in Putra Heights. “I will meet with the prime minister to discuss the best formula to…
Read MoreSelangor Menteri Besar Datuk Seri Amirudin Shari said the Malaysian Fire and Rescue Department (JBPM) and utility providers, including Tenaga Nasional Bhd (TNB), have verified the safety of these homes in Taman Harmoni, adding that water and electricity supply have been restored. SHAH ALAM (April 3): A total of 85 houses affected by the gas…
Read MoreKUALA LUMPUR (April 4): The Selangor Housing and Real Estate Board (LPHS) has agreed to offer more than 100 houses as temporary homes for victims of the gas pipeline fire in Putra Heights, Subang Jaya, Selangor, last Tuesday. Menteri Besar Datuk Seri Amirudin Shari said the houses included in Kota Warisan, Sepang, while the other…
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