MBAM worries building costs may rise due to new tax and subsidies cut in Budget 2025 The association is particularly concerned on how to improve supply chains and ensure the availability of key construction materials in 2025 as this is expected to help stabilise building costs and enhance project viability across the board. KUALA LUMPUR…
Read MoreKUALA LUMPUR (Oct 18): Exsim Hospitality Bhd (KL:EXSIMHB), previously known as Pan Malaysia Holdings Bhd, said on Friday that its wholly owned subsidiary Exsim Concepto Sdn Bhd has won a sub-contract work package for RM60 million. According to a bourse filing, the work package, which is awarded by Totalbuildz Sdn Bhd, involves the designing and…
Read MoreKUALA LUMPUR (Oct 18): The government will extend the current net energy metering (NEM) 3.0 programme till June 30, 2025 to continue incentivising rooftop solar installation, announced Prime Minister Datuk Seri Anwar Ibrahim in his Budget speech. The programme, which was slated to expire on Dec 31, 2024, enables electricity consumers to generate their own…
Read MoreThis latest award brings the total number of contracts secured by Econpile this year to eight, with a cumulative value of RM344.6 million. KUALA LUMPUR (Oct 16): Econpile Holdings Bhd (KL:ECONBHD) said it has been awarded a RM35.11 million contract to undertake bored piling, earthworks, and retaining wall and sub-structure works for an apartment project…
Read MoreThe Inheritance Tax will put unnecessary burden on heirs, said Ho PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) Malaysia has taken note of the speculations surrounding the potential reintroduction of inheritance tax, which could be announced during this Friday’s Budget 2025 presentation by Prime Minister Datuk Seri Anwar Ibrahim. The Association believes…
Read MoreKUALA LUMPUR (Oct 17): The Royal Malaysia Police (PDRM) has assured that the homes of victims affected in the Taman Melawati landslide incident will be closely monitored, to prevent any break-ins. Selangor police chief Datuk Hussein Omar Khan said that the police have established control in the affected area, and as of now, the houses…
Read MoreOnly non-landed properties in Selangor’s districts maintain affordable house price-to-income ratios Property prices are generally perceived to have gone up quite significantly over the decades, but just how unaffordable are residential properties for most Malaysian households? EdgeProp Malaysia breaks down the figures across the districts in the Klang Valley to see how proportionate the states’…
Read MoreThe partnership includes business matchmaking sessions, where NCT Group and Sidec will actively connect local and international companies to create new collaborations aimed at driving investments for the sustainable long-term growth of the NSIP. KUALA LUMPUR (Oct 17): NCT Group of Companies, via its subsidiary NCT Land Sdn Bhd, has partnered with the Selangor Information…
Read MoreLSH33 is a mixed development comprising one block each for the Malaysian Civil Servants Housing Programme (PPAM) with 300 units, Residensi Wilayah (300 units), and open market condominium (300 units). KUALA LUMPUR (Oct 17): Lim Seong Hai Capital Bhd (KL:LSH) and Besteel Engtech Sdn Bhd (BESB) have delivered their maiden joint-venture high-rise residential project named…
Read MoreFrom left are the LBS executive directors Datuk Cynthia Lim and Datuk Seri Lim Hock Sing with group executive chairman Tan Sri Lim Hock San (right) at the sales gallery during the launching of Rimbawan @ Genting Highlands. GOHTONG JAYA: LBS Bina Group Bhd (LBS), a developer guided by people-first values, has officially launched Rimbawan…
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