Kuala Lumpur Mayor Datuk Seri Dr Maimunah Mohd Sharif: “The direct allocation given to DBKL is the budget for sinkholes, amounting to RM10 million. This will allow us to conduct a utility mapping study in the golden triangle in this city.” KUALA LUMPUR (Oct 19): Kuala Lumpur City Hall (DBKL) will utilise the RM10 million…
Read MoreKUALA LUMPUR (Oct 21): The government’s desire to create a livable and humane People’s Housing Programme (PPR) can be achieved through home purchase tax incentives and provisions for maintenance and upgrading projects as announced under Budget 2025. Universiti Putra Malaysia’s Faculty of Design & Architecture senior lecturer Assoc Prof Dr Mohd Zairul Mohd Noor said…
Read MoreKUALA LUMPUR (Oct 21): The escalating frequency of floods in Malaysia has become a pressing concern for both residents and policymakers. Deputy Prime Minister and Minister of Rural and Regional Development, Datuk Seri Dr Ahmad Zahid Hamidi, stated that the Northeast Monsoon season is anticipated to arrive earlier than previously predicted because of climate change,…
Read MoreKUALA LUMPUR (Oct 18): The Ministry of Housing and Local Government (KPKT) is grateful that 14 of its financial initiatives have been approved by Budget 2025. These include RM200 million for maintenance of the low cost public housing, RM289 million to construct and upgrade markets, RM100 million for Madani recreational parks and nearly RM1 billion…
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 MorePHB added that the business models were designed to benefit PHB and IJN by providing a structured framework to support IJN’s healthcare development projects. KUALA LUMPUR (Oct 18): Pelaburan Hartanah Bhd (PHB) has partnered with IJN Holdings Sdn Bhd (IJN) for the future expansion of the National Heart Institute’s (IJN) healthcare facilities. PHB group managing…
Read MoreKUALA LUMPUR (Oct 18): The Real Estate and Housing Developers’ Association (REHDA) welcomes the government’s efforts to provide adequate housing for the B40 group and aid aimed “specifically” for first-time homeowners. “Most notably is the RM900 million allocation for 48 Program Residensi Rakyat projects and 14 Rumah Mesra Rakyat projects,” stated REHDA. REHDA also highlighted measures…
Read MoreMBAM 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 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…
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