Latest News

Hua Yang houses for younger folks


KUALA LUMPUR, Aug 27: Hua Yang Bhd is confident of sustaining its sales momentum for the financial year ended March 31, 2015, via the launch of new projects with a gross development value of RM1.1 bi...


Govt mulls landbank for affordable public housing


PETALING JAYA, Aug 26: The Urban Wellbeing, Housing and Local Government Ministry is currently studying the possibility of creating a land bank to sustain the momentum in building affordable public h...

 Investment, Government, Goods and Services Tax (GST)

Houses exempt from GST


KUALA LUMPUR, Aug 21: Over the last decade prices of residential properties have escalated beyond the affordability of the average wage earner and it seems there is nothing to stop the prices from ri...

 Developer, Goods and Services Tax (GST)

MRCB wins Kwasa Land project


The new township project near Subang Airport finally has a developer - two years after the project was first announced. After 20 Tier 1 developers were prequalified in June, Malaysian Resources Corpo...

 Mixed development, Developer, EPF

Govt needs help to achieve 1m affordable homes aim


KUALA LUMPUR, Aug 14: Ideas and solutions are needed to help the government achieve its target to build one million affordable and comfortable housing for Malaysians, says Construction Industry Devel...


Johor VEP plan won't affect Iskandar investments


NUSAJAYA, Aug 7, 2014: The decision to impose a vehicle entry permit (VEP) fee on Singapore-registered vehicles entering Malaysia via Johor Baru will not likely affect foreign investments in Iskandar...


Malaysian bank loan growth strong, 10% rise forecast


KUALA LUMPUR, Aug 1: Malaysia's banking system's loans will sustain its expansion at between 9-10% this year, compared with +10.6% in 2013. This is despite being constrained by stringent rules on le...

 Bank Negara

UEM: GST may hit home sales


KUALA LUMPUR, July 29: Property developer, UEM Sunrise Bhd, expects demand for homes to taper off after the implementation of the goods and services tax (GST) on April 1 next year, especially in the ...

 Goods and Services Tax (GST), Developer

Ahmad Maslan: RM3b extra govt revenue with GST


The government expects to earn an additional revenue of RM3 billion in the first year the Goods and Services Tax (GST) introduction starting April next year, Deputy Finance Minister Datuk Ahmad Maslan...

 Economy, Goods and Services Tax (GST)

MRT Line 2 planning starts as Line 1 reaching half-way point


KUALA LUMPUR, JULY 23: Even as the first line of the Klang Valley Mass Rapid Transit (MRT) project closes in on its half-way point towards completion by end-2016, MRT Corporation Sdn Bhd is already l...

 MRT, Government, Developer