Property

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People's income have improved since 5MP: Daim

TUMPAT (Aug 24): The government has been focusing on improving the people's income since the 5th Malaysia Plan (5MP), said former Council of Eminent Persons (CEP) chairman, Tun Daim Zainuddin (pictu...

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MSOSH outlines guidelines for Gojek service

KUALA LUMPUR (Aug 24): The Malaysian Society For Occupational Safety and Health (MSOSH) has recommended eight guidelines for the authorities to consider before allowing motorcycle e-hailing services...

kopiandproperty.com:

MRT – closer to 200,000 ridership per day! (still very low vs max volume)

Every time I take the MRT, I wonder when will it be as busy as the LRT.

EdgeProp.my:

Agencies involved in disaster management told to fine tune early warning systems

JITRA (Aug 24): All agencies that are involved in disaster management should fine tune early warning systems, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail.

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2 dead, 5 injured in India building collapse

MUMBAI (Aug 24): Two people were killed and at least another two were feared trapped after a four-storey illegal building collapsed in Bhiwandi city, 34 km from Mumbai on Friday night, Xinhua news age...

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Resolving Johor causeway congestion a priority for Malaysia, Singapore: Saifuddin

KUANTAN (Aug 24): Resolving the traffic congestion at the Johor causeway, especially during the peak hours, is a priority for Malaysia and Singapore, said Foreign Minister Datuk Saifuddin Abdullah (p...

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Forest fire near Legoland theme park doused

JOHOR BAHRU (Aug 24): A fire that engulfed 2.4ha of hilly forest near Legoland theme park and a hotel at Medini, Iskandar Puteri yesterday, was finally put out early this morning.

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Situation at KLIA improves, queues manageable

SEPANG (Aug 24): The situation at the KL International Airport, which is beset with a systems breakdown, improved Saturday, with the airport less crowded and manageable queues at the check-in counte...

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Ireka expects bulk of Aseana Properties' assets to be sold by FY2020: Report

KUALA LUMPUR (Aug 24): Ireka Corp Bhd expects associate company, Aseana Properties Ltd, to have sold most of the six assets on its divestment programme by the end of the former’s financial FY2020, r...

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Giant stores in Malaysia and the EPF

KUALA LUMPUR (Aug 24): A recent report by The Edge Malaysia stated that the Employees Provident Fund (EPF) owns “about a dozen buildings and shoplots, which are or were occupied” by GCH Retail (M)...

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EWI to pay dividends in a few months, or by FY2020

KUALA LUMPUR (Aug 24): Shareholders of Eco World International Bhd (EWI) can expect to receive dividends by FY2020 at the latest, The Edge Malaysia reported in its latest issue.

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kopiandproperty.com:

44% rental reduction. Not a good sign.

Luxury brands are able to command a super huge premium over non-luxury brands.

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Selangor to develop early disaster warning system

SHAH ALAM (Aug 24): Selangor will have its own early disaster warning system by 2022 with the completion of a joint study between the state government and two universities, including one from Japan.

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Loke: Penang ferry service upgrade to begin next year, catamarans will be introduced

GEORGE TOWN (Aug 24): Transport Minister Anthony Loke (pictured) yesterday gave a commitment that the systems upgrade for the Penang ferry service will begin next year.

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Saifuddin confident Cabinet's decision on Lynas extension made responsibly

KUANTAN (Aug 24): Indera Mahkota MP Datuk Saifuddin Abdullah is confident that the Cabinet had taken into account all considerations before deciding to extend the operating licence of Lynas Malaysia S...

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Govt will study UN's poverty rate claim: Dr Mahathir

PETALING JAYA (Aug 24): Prime Minister Tun Dr Mahathir Mohamad said the Government will study the claim made by United Nations human rights experts on the rate of poverty in the country.

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Govt stands by its 0.4% poverty rate figure, says Azmin Ali

KUALA LUMPUR (Aug 24): The Ministry of Economic Affairs (MEA) is disappointed by the remarks made by United Nations special rapporteur on extreme poverty and human rights Professor Philip Alston, who ...

Malaysia | Philip Alston | Mohamed Azmin Ali | PLI | The Ministry of Economic Affairs | Canberra Group Handbook | MEA | KUALA LUMPUR | United Nations | Poverty Line Income | Government | Household Income Statistics | Sustainable Development Goal 1 | Second Edition | Minister | Sarawak | Sabah | Aug 24 | 2016 | 2011 | RM980 | US$1.25 | RM1 | 180 | RM1 | 020

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What MAHB now faces after the unprecedented systems outage at KLIA

KUALA LUMPUR (Aug 23): As the systems outage at Kuala Lumpur International Airport hits its two-day or 48th hour mark, there have been concerns about how the situation at the key Malaysian airport wil...

Malaysia Airports Holdings Bhd | Raymond Yap | KUALA LUMPUR | Malaysian | Kuala Lumpur International Airport | CGS | CIMB | Quality of Service | Malaysian Aviation Commission | CGS-CIMB | Regulatory Asset Base | Sepang | Aug 23 | Aug 21 | September 2018 | Dec 31 | 2019 | Jan 1 | 2020 | 2020 | 2022 | 2017 | 2019 | RM8.55 | RM8.63 | RM1.65 million | RM811 million | RM5 billion | RM1.16 billion | RM1.40 billion | RM117 million

kopiandproperty.com:

Improving buyer sentiment, mismatch with supply and demand and B40 needs help.

The property market of Malaysia definitely needs a dose of positive burst.

EdgeProp.my:

Grab recommends motorcycle-specific features under Malaysia PSV rules

KUALA LUMPUR (Aug 23): Grab said today it strongly recommends that Malaysia's Public Service Vehicle (PSV) regulations mandate the development of a separate set of stringent, motorcycle-specific safet...

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Cagamas’ debt paper issuance of RM1.8b in August highest this year

KUALA LUMPUR (Aug 23): Cagamas Bhd said its issuance of debt papers for August totalled RM1.8 billion, the highest this year.

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Putrajaya incurred added RM58b debt to address existing commitments, says Guan Eng

KUALA LUMPUR (Aug 23): The additional debt of RM58.05 billion incurred by the Pakatan Harapan government in the first half of the year was made to service the existing commitments by the federal gover...

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1MDB trial fixed on next Wed, six prosecution witnesses to be called

KUALA LUMPUR (Aug 23): The High Court has fixed next Wednesday (Aug 28) morning to start the trial on former Prime Minister Datuk Seri Najib Razak's alleged involvement in the 1Malaysia Development Bh...

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RON97 up 2 sen to RM2.51 per litre for Aug 24-30, RON95 and diesel stay the same

KUALA LUMPUR (Aug 23): The retail price of RON97 will rise by 2 sen to RM2.51 a litre for the week of Aug 24-Aug 30, while the pump prices of RON95 and diesel will stay the same, according to the Fina...

KUALA LUMPUR | RON95 | RON97 | Finance Ministry | Aug 23 | Aug 24 | Aug 30 | RM2.51 | RM2.08 | RM2.18

EdgeProp.my:

Dr Siti Hasmah wants companies to help with affordable accommodation for families of hospital patients

KUALA LUMPUR (Aug 23): Tun Dr Siti Hasmah Mohd Ali would like to see more companies provide affordable accommodation for families of hospital patients to ease their burden.

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MACC officer says up to court to decide on ex-SRC chief Suboh's inconsistencies about his signatures

KUALA LUMPUR (Aug 23): The investigating officer in Datuk Seri Najib Razak's SRC International Sdn Bhd case admitted that there were inconsistencies in former SRC International Sdn Bhd director Datuk ...

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Transport minister checks out KLIA situation before flying to Penang

SEPANG (Aug 23): Despite the ongoing systems disruption at the Kuala Lumpur International Airport which has caused flight delays, Transport Minister Anthony Loke Siew Fook successfully boarded his fli...

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Large number of PPR dwellers in KL facing household problems: Jawi

KUALA LUMPUR (Aug 23): Most of the complaints on household problems faced by Muslim couples in the Federal Territory of Kuala Lumpur come from residents of People's Housing Projects (PPRs). Federal Te...

Property360:

Remarkable response to new Setia projectsNews

SETIA SAFIRO’S PHASE 1A AND SETIA MAYURI PHASE 1’s SEMI-D HOMES SOLD OUT ON LAUNCH WEEKEND BY Douglas Lee In this prolonged soft market, it is hard to determine what flies and what doesn’t wit...

Property360:

Strong sales at Park Regent priority launchNews

MORE THAN 70% OF 505 RESIDENTIAL UNITS SOLD AT AVERAGE SELLING PRICE OF RM1,100psf BY Douglas Lee Park Regent, ParkCity’s joint venture development with CapitaLand, achieved strong sales at its pr...

kopiandproperty.com:

It’s coming for the B40 households… grab it if one qualifies

I wrote this earlier: Banks should not simply lend.

EdgeProp.my:

Sept 19-20 hearing for Tengku Adnan, businessman's corruption case

KUALA LUMPUR (Aug 23): The High Court here today set two days from Sept 19 for hearing of a RM1 million corruption case involving former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Man...

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Taib's son wins RM2.31m in counterclaim against interior design firm

KUALA LUMPUR (Aug 23): A company owned by Sarawak Governor Tun Abdul Taib Mahmud's son won a counterclaim in the High Court in a suit initiated by a Bangsar-based interior design firm.

EdgeProp.my:

36 hours in, how bad are the KLIA disruptions now?

KUALA LUMPUR (Aug 23): The network issue at Kuala Lumpur International Airport (KLIA) which began on Wednesday night remains unresolved.

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Tropicana 2Q net profit up 3% amid higher progress billings

KUALA LUMPUR (Aug 23): Tropicana Corp Bhd’s net profit rose 3% to RM39.02 million for the second quarter ended June 30, 2019 (2QFY19), from RM38 million a year ago.

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Special committee to fine tune proposal on widening, lengthening of Johor Causeway

PUTRAJAYA (Aug 23): The Special Committee on Congestion at the Johor Causeway has agreed to fine tune the proposal for the causeway to be widened and lengthened to resolve the long-standing issue.

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Penang to issue RFP for research on airport facilities

GEORGE TOWN (Aug 23): The Penang State Government will issue a request for proposal (RFP) for research on the future needs of the State’s airport facilities next month, said Chief Minister Chow Kon ...

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Paramount chairman's son joins its board

KUALA LUMPUR (Aug 23): Paramount Corp Bhd, which reported a lower second-quarter (2Q) net profit yesterday following the absence of a disposal gain, announced that Benjamin Teo Jong Hian, the son of c...

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Dr Mahathir: Buying over PLUS does not stop toll collection

PUTRAJAYA (Aug 23): Highway toll collection will continue even if concessionaire PLUS Malaysia Sdn Bhd is taken over by another entity, Prime Minister Tun Dr Mahathir Mohamad (pictured) said yesterday...

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Not a single sen spent by Penang Govt on PSP — Jagdeep

GEORGE TOWN (Aug 23): The Penang Government did not pay a single sen for the Penang Smart Parking (PSP) project, State Housing, Town and Country Planning and Local Government Committee chairman, Jagde...

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KLIA network disruption – still in midst of stabilisation, says Malaysia Airports

KUALA LUMPUR (Aug 23): Kuala Lumpur Internatioal Aitport (KLIA) operator Malaysia Airports said that as at 6.00 am today, its team was still in the midst of stabilising the system following a disrupti...

Malaysia Airports | KUALA LUMPUR | KLIA | Kuala Lumpur Internatioal Aitport | KLIA Main Terminal | B | C | Block A | D | Kuala Lumpur | Aug 23 | Aug 21

kopiandproperty.com:

Property Investment views by Charles Tan? (that’s me) Here’s that interview by starproperty tv.

Yeah, when this interview took place a few weeks ago, I was still 82.5kg.

Both | No one

EdgeProp.my:

Federal Court to discuss vicarious liability in Altantuya lawsuit

PUTRAJAYA (Aug 22): The Federal Court has set Sept 4 for counsel representing the government and the family of a murdered Mongolian model to further address the issue of vicarious liability in a law...

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PAC to conduct special audit on DBKL land sale issue

KUALA LUMPUR (Aug 22): A special audit on the sale of land owned by the Kuala Lumpur City Hall (DBKL) will be conducted with the assistance of the National Audit Department, said Public Accounts Commi...

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Hock Seng Lee 2Q profit rises on higher construction and property development income

KUALA LUMPUR (Aug 22): Hock Seng Lee Bhd (HSL)'s second quarter net profit rose 16.39% to RM16.43 million, from RM14.12 million a year earlier, on the back of higher income from its construction and p...

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'I intend to make some portfolio changes' — Dr M

PUTRAJAYA (Aug 22): Prime Minister Tun Dr Mahathir Mohamad today said that he had informed the Cabinet that he planned to make some portfolio changes among his Ministers.

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Mori Building lays foundation for urban regeneration project in Tokyo

KUALA LUMPUR (Aug 22): Japanese urban landscape developer, Mori Building Co Ltd, has commenced a massive urban regeneration project to revitalise a large area of central Tokyo.

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Invest Selangor proposes guidelines for managed industrial parks

PETALING JAYA (Aug 22): Invest Selangor Bhd says it is proposing guidelines for managed industrial parks to bring them to a higher level and on par with the ASEAN region’s industrial parks.

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KLIA information counter deluged following systems disruption

SEPANG (Aug 22): The information counter at the Kuala Lumpur International Airport (KLIA) here was deluged by passengers at about noon today, following a systems disruption which began last night.

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Penang targets RM10b in total investments in 2019

GEORGE TOWN (Aug 22): The Penang government is eyeing RM10 billion in total investments by the end of this year, its Chief Minister Chow Kon Yeow said today.

kopiandproperty.com:

12 Things to take note of when buying a new property

Hi kopiandproperty.com readers.

Things | Venue | Event | Part | MidValley Exhibition Centre

EdgeProp.my:

Jay Chou is not selling a home in Japan after all

KUALA LUMPUR (Aug 22): Looks like even famous stars become victims of scams these days.

EdgeProp.my:

PLUS headquarters receives recognition for low carbon buildings assessment

KUALA LUMPUR (Aug 22): PLUS Malaysia Bhd (PLUS) headquarters, Persada PLUS has received the One Diamond recognition, thus making PLUS the first highway concession company in this country to receiv...

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High Court allows NFC to amend defence, file counterclaim against govt in RM253.6m suit

KUALA LUMPUR (Aug 22): National Feedlot Corp Sdn Bhd (NFC), National Meatworks Sdn Bhd along with its chairman Datuk Mohd Salleh Ismail and seven others have today indicated that they want to amend th...

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Solarvest partners with M&A Securities for IPO launch

KUALA LUMPUR (Aug 22): Solar photovoltaic system specialist Solarvest Holdings Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with the initial public offer...

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Bukit Kukus landslide tragedy case : Court sets Sept 27 for mention

GEORGE TOWN (Aug 22): The Sessions Court here yesterday fixed Sept 27 for the mention of a case involving the construction company responsible for the Paya Terubong Paired Road project at Jalan Bukit ...

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Lynas confirms receipt of Malaysian operating licence

KUALA LUMPUR (Aug 22): Lynas Corp Ltd today confirmed that it had received its renewed operating licence from the Malaysian government for Lynas Malaysia Sdn Bhd.

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Dead fish incident in Sungai Gombak due to lack of oxygen - DOE

KUALA LUMPUR (Aug 22): The dead fish incident which saw hundreds of fish floating on the surface of the Sungai Gombak earlier this month, is believed to be due to lack of oxygen, rather than polluti...

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Air quality in Sarawak's Kuala Baram at hazardous level

MIRI (Aug 22): The air quality in Kuala Baram, which is battling forest and peat-soil fires, worsened to the hazardous level today, with the Air Pollutants Index (API) at 404 at 9am.

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Homeless kids housed in shipping containers in England, says report

LONDON (Aug 22): More than half a million children in England are homeless or at risk of homelessness, Xinhua news agency reported, citing a report disclosed by the Children's Commissioner for England...

kopiandproperty.com:

Now, that RM1 billion fund from BNM is available to more people. Time to apply?

Many are saying that loan approval is tough.

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Bank Negara Malaysia | Many | Mohd Yunus | Adnan Zaylani Mohamad Zahid | Borrowers | Fund | Article | 3% | B40 | 1st September 2019 | June 2019 | RM1 billion | RM2 | 300 | RM4 | 360 | RM300 | 000 | RM150 | 000 | RM31 million

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Seremban City Council: State govt studying legal implications, says MB

SEREMBAN (Aug 22): The state government is studying the legal and regulatory implications of merging the Seremban Municipal Council (MPS) and Nilai Municipal Council (MPN) to enable the establishment ...

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Aluminium dross chemical waste catches fire in Pontian

JOHOR BAHRU (Aug 22): A bag containing 500 kilogrammes of aluminium dross chemical waste which was stored in a factory near Jalan Perindustrian 5, Pontian, caught fire yesterday.

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N Sembilan DOE raids three factories following complaints

SEREMBAN (Aug 22): The Department of Environment (DOE) conducted a raid on three factories in Seremban today, after residents of Taman Paroi Jaya, Taman Panchor Jaya and Ampangan complained of odour p...

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Bersatu in favour of Lynas continuing operations

KUANTAN (Aug 22): Parti Pribumi Bersatu Malaysia (Bersatu) is in favour of Lynas Malaysia Sdn Bhd (Lynas) continuing operations of its rare earth plant in Gebeng here because of the huge investment it...

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BAssets 4Q net loss widens following higher deferred tax bill

KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.1 million from RM30.2 million in the previous correspo...

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Matrix Concepts up 1.05% on growth optimism

KUALA LUMPUR (Aug 22): Matrix Concepts Holdings Bhd shares gained 1.05% this morning after the firm, which saw its revenue surpass RM1 billion for the first time in the last financial year, said it is...

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Jaks Resources up 6.71% on solid 2Q earnings

KUALA LUMPUR (Aug 22): Jaks Resources Bhd shares rose 6.71% this morning after its net profit jumped nearly three times in the second quarter ended June 30, 2019 (2QFY19) to RM37.29 million against RM...

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DONE DEAL: Condo at Pavilion Hilltop Mont'Kiara, Kuala Lumpur

Sold for: RM1.22 million Concluded by: Alfred Chua (REN 28642) from Big Plus Properties Sdn Bhd (017-202 0656) When: January 2019 Noteworthy: ● Built-up: 1,200 sq ft ● Mid floor, facing south ● ...

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Steep fees in retirement homes driving Hong Kongers to mainland China

PETALING JAYA (Aug 21): A few years ago, Hong Kong citizens shirked from the idea of spending their golden years in mainland China, when the government tried to encourage its elderlies to move to reti...

Hong Kong | David Lee | Guangdong | PETALING JAYA | China | Reuters | Concens | Hong Konger | Yee Hong Heights | US | Shenzhen | Alzheimer | Aug 21 | 2006 | US$2 | 000 | RM8 | 353 | US$5 | 000 | US$1 | 000

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150 abandoned houses in Kampung Gana Kota Marudu, Sabah will be completed: District Officer

KOTA MARUDU (Aug 21): The construction of 150 houses in the abandoned Gana Resettlement Integrated Development Project Scheme in Sabah will be completed through a RM2.4 million allocation from the Rur...

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Process of public inspection of Penang LRT project begins

GEORGE TOWN (Aug 21): The Penang state government began a three-month public inspection process from yesterday to obtain the views of the people in the state over a Bayan Lepas-Komtar Light Rapid Tran...

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Utusan Melayu says Kosmo! price hike effective Sunday

KUALA LUMPUR (Aug 21): Utusan Melayu (M) Bhd confirmed today to Bursa Malaysia the newspaper publisher will increase the price of Utusan Malaysia from RM1.50 a copy to RM2 while the price of Kosmo!

Utusan Melayu (M) Bhd | Bursa Malaysia | KUALA LUMPUR | Kosmo | Bursa | Aug 21 | Aug 23 | Aug 25 | RM1.50 | RM2 | RM1

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Matrix Concepts confident of further growth amid challenges in property sector

SEREMBAN (Aug 21): Matrix Concepts Holdings Bhd, which saw its revenue surpass RM1 billion for the first time in the last financial year, is optimistic that its growth trend will continue in the curre...

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Waterspout phenomenon seen in Langkawi

LANGKAWI (Aug 21): A waterspout was seen near Telaga Habour Park at Pantai Kok here for 10 minutes earlier today.

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Review decision on Lynas: Anwar

KUALA LUMPUR (Aug 21): PKR president Anwar Ibrahim (pictured) has called on the government to review the decision to extend Lynas Malaysia Sdn Bhd’s operating licence in Gebeng, Kuantan, which is du...

StarProperty.my:

Standard procedures for management bodies of stratified properties (Part 1)

Contributed by property valuer Mary Lau Slogans have a weird way of getting mocked and our national catchphrase “Malaysia Boleh” (or “Malaysia Can”) has not been spared.

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Bugged by protests, more Hong Kong folk are interested in MM2H

KUALA LUMPUR (Aug 21): Property consultants have revealed that interest in the Malaysia My Second Home (MM2H) programme has increased significantly from Hong Kong residents this year.

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Jaya Grocer to be anchor tenant at The Tropika, Bukit Jalil

KUALA LUMPUR (Aug 21): Berjaya Land Bhd through its subsidiary Berjaya Golf Resort Bhd has entered into a lease agreement with Trendcell Sdn Bhd to operate a Jaya Grocer store with F&B outlets at the...

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Cops deny claim Nora Anne's family involved in teen's death

KUALA LUMPUR (Aug 21): Police have rubbished allegations that Nora Anne Quoirin's family was involved in the teen's death.

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