News
KSK eyes more ‘branded’ developments locally and abroad
PETALING JAYA: KSK Group Bhd, best known for its 8 Conlay branded residential development in Kuala Lumpur, is eyeing new projects both domestically and internationally. Group chief executive officer Joanne Kua said even during an economic downturn, the buyers within...
Government Likely To Reintroduce HOC
PETALING JAYA (May 28): The government is expected to bring back the Home Ownership Campaign (HOC) as part of the country’s economic recovery plan in the second half of the year. The proposal to reintroduce the HOC was made following meetings involving the Ministry of...
How To Boost The Housing Market In Uncertain Times
The economic costs associated with Covid-19 go beyond those incurred by any other previous crises. A majority of business activities was affected and three economic stimulus packages totaling RM260 billion have been announced by Putrajaya as a fiscal response to ease...
Malaysia’s PMI Rises Sharply In May, Indicating Economic Downturn Have Bottomed Out – IHS Markit
KUALA LUMPUR (June 1): The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 45.6 in May 2020 from the record low of 31.3 in April 2020 survey. In a note today, IHS Markit said Malaysia's manufacturing sector showed signs of...
Penang Expected To Rebound Quickly From Pandemic
GEORGE TOWN: Penang will be able to rebound quickly from the pandemic thanks to its diversified economy and significant strides made in the services and manufacturing sectors in the past decade, said Penang Insititute director Steven Sim Chee Keong. The state has...
‘Residensi Prihatin’ Programe To Build Affordable Houses For Youths: Annuar Musa
KUALA LUMPUR (May 16): The Federal Territories Ministry will be introducing a “Residensi Prihatin” (Caring Residence) programe for youths under 35 years old to own their first house around the federal capital. Its Minister, Tan Sri Annuar Musa said the ministry has...
New Housing Projects For Sentul, Bukit Kiara
KUALA LUMPUR: About 1,300 housing units in Sentul and Bukit Kiara here will be demolished and replaced with new housing projects, said Federal Territories Minister Tan Sri Annuar Musa. He said houses under the new housing project, to be implemented under the Kuala...
Residential And Commercial Lots In Mixed Developments Without Strata Title Must Be Charged Same Maintenance Rates, Court Rules
PUTRAJAYA (May 21): Residential and commercial lots within a mixed development without strata titles that are managed by a joint management body (JMB) must now be charged the same maintenance rates. This follows the Federal Court three-member bench led by Court of...
Investkl Maintains Target To Attract 12 Mncs In 2020
PETALING JAYA: Despite Covid-19, InvestKL is maintaining its 2020 target to attract 12 high-value, high-tech and high-impact multinationals (MNCs) to invest in Kuala Lumpur after it attracted 13 MNCs in 2019 with approved and committed investments of RM2.2 billion....
Plan For Young Adults To Buy Homes In Putrajaya
THE Federal Territories Ministry is targeting young adults to buy homes in Putrajaya as part of measures to increase the population of the city. Minister Tan Sri Annuar Musa said under the ministry’s plan, affordable homes would also be lowered from the current...
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