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03
August, 2011 |
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Government
in land talks for park
The
Government is in
negotiations to gazette
three plots of land for
a large-scale public
park project in Bukit
Kiara. .........More |
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Mutalib
to helm 1Malaysia
Housing Programme?
The
recently announced
1Malaysia Housing
Programme (Prima) is
likely to be helmed by
the low-profile Datuk
Abdul Mutalib Alias,
according to sources.
.........More |
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Property
market still bustling in
Kuantan
The
controversial rare earth
plant being developed at
the Gebeng industrial
area near here has not
affected the property
market.
.........More |
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Prices
of new homes in
China’s major cities
up
Average
new home prices in 100
major Chinese cities
rose 0.2% in July from
the previous month to
8,874 yuan (US$1,380)
per sq m, with growth
slowing slightly under
the influence of
official policy
tightening, a private
data provider said on
Monday.
.........More |
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CM:
Don’t blame state govt
The
state government should
not be blamed for the
increase in land premium
charges as the rate is
fixed by the Valuation
and Property Services
Department. .........More |
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State
to decide on changing
streetlights
The
State Government is
mulling over replacing
its conventional
streetlights with
cost-efficient LED’s
(light emitting diode).
.........More |
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Ooi
sets up housing database
Jelutong
MP Jeff Ooi, who was
involved in a public
spat with a Penang exco
member over recipients
for low-medium cost
units in his
constituency, is setting
up a housing database.
.........More |
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CBIPH
wins RM171mil job
CB
Industrial Product
Holding Bhd (CBIPH) has
been awarded a RM171mil
contract from the
Housing and Local
Government Ministry.
.........More |
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02
August, 2011 |
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Teen
contractor talk of the
town
The
awarding of a RM1mil
project to a 19-year-old
part-time college
student by the Penang
government has become
the talk of the town
here. .........More |
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11,600
cheap homes approved,
says Guan Eng
The
state government has
approved the
construction of some
11,596 low- and
low-medium cost houses
on the island and
mainland to date.
.........More |
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Property
prices inflated by
state’s action, says
Barisan
Penang
Barisan Nasional claims
that the state’s move
to increase land premium
charges, has
inadvertently led to a
rapid rise in property
prices in Penang.
.........More |
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Vandalism
probe turns nasty for
assemblyman
A
state assemblyman
investigating reports of
vandalised cars at the
Rifle Range low-cost
flats here was forced to
dodge flowerpots and
bricks thrown at him
instead.
.........More |
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Portland
cement price up
Sarawak’s
sole cement manufacturer
CMS Cement Sdn Bhd has
raised the price of
Portland cement to
cement dealers across
Sarawak by RM15 per
tonne or 5%.
.........More |
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Mulpha’s
Hayman resort re-opens
Mulpha
International Bhd’s
Hayman, a five-star
private island
destination on
Australia’s Great
Barrier Reef, has been
re-opened following a
five-month forced period
of closure due to the
damage caused by
tropical cyclones
Anthony and Yasi earlier
this year.
.........More |
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01
August, 2011 |
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Adhere
to hygiene standards
Mayor
urges Ramadan traders to
follow council’s
cleanliness guidelines
.........More |
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Short-term
stable outlook for shop
offices and retail space
The
short-term outlook for
shop offices and retail
space in the Klang
Valley is stable despite
concerns over
inflationary pressures
as well as reduced
rental yields, property
consultants say.
.........More |
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RM300mil
spent on rural homes
The
government aims to
provide 9,146 homes
under the Housing
Assistance Programme (PBR)
to the people in rural
areas.
.........More |
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Zero
in on unexplored areas,
tourism players told
Those
who wish to be involved
in developing the
country’s tourism
industry must zero in on
areas that have yet to
be exploited and not
just focus on already
developed areas.
.........More |
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Tan:
No tender given to
Chinese
State
Wanita MCA chief Tan
Cheng Liang has lashed
out at the state
government for pitting
the Chinese against each
other as no Drainage and
Irrigation Department
(DID) projects were
awarded to a Chinese.
.........More |
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30 July, 2011 |
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Government
to make land available
for people’s housing
project
The
Government is looking at
making land available
and providing funds to
developers participating
in Perumahan Rakyat
1Malaysia (PrIMa) or the
1Malaysia people’s
housing project.
.........More |
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Refurbished
house for widow with
five children
A
widow was moved to tears
when she received a gift
that will help her and
her five young children
enjoy better living
conditions.
.........More |
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QE
Hospital to open next
month after
refurbishment
The
Queen Eli-zabeth II
Hospital (QEHII) will be
fully operational next
month, a step towards
normalising health
services in the state.
.........More |
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Residents
set up panel on Lynas
issue
The
“Save Malaysia, Stop
Lynas” residents
committee will set up a
panel comprising foreign
experts to further
investigate the rare
earth refinery.
.........More |
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29 July, 2011 |
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Extend
registration period,
builders urge Government
The
Master Builders
Association Malaysia (MBAM)
is appealing to the Home
Ministry to extend the
biometric registration
exercise of legal
foreign workers for
another month.
.........More |
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MCA
questions Selangor’s
sincerity in low-cost
home issue
MCA
has questioned the
sincerity of the
Selangor government in
helping the poor and
first-time house buyers.
.........More |
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Ooi
vs Wong spat heats up
Jelutong
MP Jeff Ooi has come
under attack from his
party leaders for
criticising state
executive councillor
Wong Hon Wai, and may
even find himself hauled
up before the party’s
disciplinary committee.
.........More |
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Handicraft
shops razed
A
fire broke out at the
Medan Samudera building
opposite the Maritime
Museum in Jalan
Quayside, destroying
more than 15 handicraft
and food outlets.
.........More |
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State’s
telco towers pose no
health risk, says MCMC
A
series of tests for
radio frequency
radiation measurements
at 52 telecommunication
tower sites in Penang
showed that the towers
were safe for local
residents.
.........More |
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Hotel
included in development
project
MALACCA:
A commercial centre with
a five-star hotel known
as Best Western Premier
Malacca amounting to
RM300 million investment
by property company
Plentifield Marketing
Sdn Bhd will be built
within the Ayer Keroh
Botanical Park.
.........More |
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28 July, 2011 |
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SP
Setia unit ends China
deal
SP
Setia Bhd’s
subsidiary, Setia (Hangzhou)
Development Co Ltd, and
Hangzhou Ju Shen
Construction Engineering
Ltd have terminated
their joint-venture (JV)
contract for the
development of a mixed
property project on 25
acres in Zhejiang,
China.
.........More |
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Ingress
submits tender for LRT
extension and KTM jobs
Ingress
Corp Bhd has submitted
tender for several
projects including the
Ampang line light rail
transit (LRT) extension
and RM1.5bil worth of
jobs from Keretapi Tanah
Melayu Bhd (KTMB).
.........More |
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A
deluge of river
deepening projects
Some
200 bumiputra
contractors in Penang
have been awarded
contracts worth
RM15.7mil to carry out
river deepening projects
in flood-prone areas in
the state.
.........More |
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Three
top appointments for
1MDB
1Malaysia
Development Bhd (1MDB),
a strategic development
company wholly-owned by
the Government, is
expected to announce
three top appointments
soon.
.........More |
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Putra
Place sale ruled legal
The
High Court has decided
in favour of Sunway Real
Estate Investment Trust
(REIT) on two legal
suits brought against
Sunway REIT in relation
to its acquisition of
Putra Place via a public
auction held on March
30.
.........More |
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Admuda
plans sugar refiney
Admuda
Sdn Bhd has signed an
MOU with CGS
International (Chongqing)
Co Ltd to build a
RM160mil sugar refinery
plant in Kuching.
.........More |
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Government
helping those in need
The
community should not be
envious of decisions
made by the government
including the recent
move to introduce a
special revolving fund
of RM100mil for
residents of Chinese new
villages nationwide.
.........More |
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Father
of six calling for help
Having
snails for dinner
because they have no
money for food is not a
problem for Mohamad
Yasim Mat Ali and his
family.
.........More |
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DAP
leaders in low-cost
housing row
Two
DAP leaders here are at
loggerheads over a name
list for low-cost
houses.
.........More |
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27 July, 2011 |
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HK
authority said to be
eyeing London, Paris
office properties
The
Hong Kong Monetary
Authority (HKMA) is
planning to buy
US$500mil worth of
office properties in
London and Paris as part
of a drive to increase
its investment in
Europe, the Times
reported on Monday
without citing sources.
.........More |
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China
trust funds favour real
estate
China’s
trust firms invested
207.8 billion yuan
(US$32.4bil) of funds in
the real- estate sector
in the first half, with
two thirds of that in
the second quarter, the
official China
Securities Journal
reported yesterday.
.........More |
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House
prices in England, Wales
slump again
House
prices in England and
Wales ticked down again
in July and are expected
to fall further despite
signs that demand is
picking up somewhat, a
survey by property data
firm Hometrack showed on
Monday.
.........More |
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HDB
flat resale prices up
3.1% in Singapore
Singapore’s
Housing and Development
Board’s (HDB) resale
prices of apartments
rose a steeper 3.1% in
the second quarter from
the previous three
months, local state
media reported on
Friday.
.........More |
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We
don’t discriminate
federal projects, says
CM
Chief
Minister Lim Guan Eng
has denied claims that
the state government
turned down Federal
Government-linked
companies’
applications to build
low and medium-cost
houses in the state.
.........More |
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Mum
saves kids from raging
fire
Despite
being still weak after
recently giving birth, a
woman courageously saved
her infant son and
daughter from a raging
fire at their house.
.........More |
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Malaysian
Rubber Board land sale
on track
The
Malaysian Rubber Board (MRB)
is on track to monetise
some of its land bank
assets in the Klang
Valley, said chairman
Datuk Wira Ahmad Hamzah.
.........More |
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MACC
unveils hi-tech video
room
The
first step towards
rebuilding the image and
integrity of the
Malaysian
Anti-Corruption
Com-mission (MACC) has
begun with the unveiling
of its hi-tech video
interviewing room (VRI).
.........More |
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Hotel
caught stealing
electricity
A
hotel in the city’s
downtown area here is in
bigger trouble after
authorities discovered
illegal electricity
connections to the
premises for the second
time in two months.
.........More |
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26 July, 2011 |
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Penang
CM slammed for rejecting
projects
Barisan
Nasional has taken the
state government to task
for turning down Federal
Government-linked
companies’
applications to build
low to medium-cost
houses.
.........More |
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Cut
down old trees,
residents urged
Residents
in the Bakri
parliamentary area here
have been urged to cut
down all old and dying
trees near their houses.
.........More |
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Separate
billing for waste
collection may be
implemented
Households
will be billed
separately for waste
collection if the
proposal for direct
billing is given the
green light, said
National Solid Waste
Management policy
director Azizan Ariffin.
.........More |
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Ivory
wins Bayan Mutiara
project
Ivory
Properties Group Berhad
will develop the Bayan
Mutiara mixed
development project
tendered out by the
Penang Development Corp
(PDC).
.........More |
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SP
Setia wants remainder of
KLEC
SP
Setia Bhd has proposed
to acquire the remaining
40% stake in KL Eco City
Sdn Bhd (KLEC) from
Yayasan Gerakbakti
Kebangsaan for RM75mil.
.........More |
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25 July, 2011 |
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RM150mil
in deals sealed at
Penang property fair
About
RM150mil worth of
property has been sold
or booked at the
just-concluded Star
Property Fair 2011,
reflecting optimism in
the property market
here.
.........More |
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Fruitful
outing for 10 at fair
The
final day of the Star
Property Fair 2011 ended
on a pleasant note for
three lucky winners of
the ‘Surf, Click and
Win’ contest as they
went home happily with
the prizes that they
won.
.........More |
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Ongoing
exercise to replace old
meters
Tenaga
Nasional Berhad (TNB)
has assured its
customers not to be
fearful of its
technicians replacing
electric meters at their
homes.
.........More |
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Committed
to ensure further growth
The
state is committed
towards improving its
economy as well as
ensuring further growth
and development after
securing RM2.33bil in
investments last year.
.........More |
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Basic
amenities crucial for
rural development
Access
to basic infrastructure
is a fundamental right
of every Malaysian
regardless of where they
live as outlined in the
GTP as it lays the
foundation for
development of social
amenities such as
schools, hospitals and
business centres.
.........More |
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Fire
destroys two houses and
workshop
An
early morning fire
destroyed two wooden
houses and a motorcycle
workshop in Perak Lane
here.
.........More |
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Popular
haunt with rubbish
strewn everywhere
Stulang
Laut is a popular dining
spot for locals and
Singaporeans with rows
of restaurants offering
good food.
.........More |
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State
to have its own
botanical gardens
Plans
are already in the
pipeline to establish
Johor’s botanical
gardens within the next
two years.
.........More |
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23 July, 2011 |
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Late
bird catches the worm at
property fair contest
It
is better late than
never for 38-year-old
Danny Lim, as he managed
to walk home with an
Acer Iconia Tab computer
tablet after almost
missing out on the
‘Surf, Click and
Win’ contest.
.........More |
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Johor
to ensure public housing
within Iskandar to be
repainted
More
public housing areas
within Iskandar Malaysia
are expect to be spruced
up and repainted in the
coming months.
.........More |
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22 July, 2011 |
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Penang
market still vibrant
The
increase in the number
of exhibitors at the
Star Property Fair 2011
here is an indication
that the property market
in Penang is still
vibrant.
.........More |
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Cash
aid for new villages:
RM100mil fund launched
A
special revolving fund
of RM100mil has been
introduced for residents
of Chinese new villages
nationwide.
.........More |
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RM3mil
goes up in smoke after
fire at storage facility
Foam
used for car seats,
fabric and machinery
went up in smoke when
fire destroyed a storage
facility at a factory
here, causing losses
estimated around RM3mil.
.........More |
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Eco-town
concept for Batu Kawan
The
Seberang Prai Municipal
Council (MPSP) has been
tasked with turning Batu
Kawan in Central
Seberang Prai into an
Eco-town with high
standards of
sustainability.
.........More |
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21 July, 2011 |
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Short-term
impact on property sales
CIMB
Research expects the
proposal by Bank Negara
to modify the mode of
calculation for
household loans to curb
domestic speculation in
the local property
sector to have only a
short-term impact.
.........More |
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KLCCP
to get RM100mil revenue
in FY12 from Lot C
KLCC
Property Holdings Bhd (KLCCP)
will get RM100mil in
additional revenue for
its 2012 financial year
from its Lot C
development, which is
scheduled to be
completed by the end of
this year.
.........More |
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SEB
wants to use
transmission line for
SCORE to build another
dam
A
275kV transmission line
currently being built to
channel electricity
generated by the Murum
hydro dam to the Sarawak
Corridor of Renewable
Energy (SCORE) may be
re-routed to faciliate
the construction of
another dam in Balepeh.
.........More |
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Prasarana
to have manager from
Singapore for MRT
project
A
high-ranking individual
from Singapore’s Land
Transport Authority (LTA)
will soon be hired to
play an active role in
the project management
of the planned
multi-billion-ringgit
mass rapid transit (MRT)
system in Malaysia,
sources said.
.........More |
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Cypark
gets approval to develop
3 renewable energy parks
Cypark
Resources Bhd has
received an approval
from the Negri Sembilan
state government to
lease the closed
landfill site in Pajam,
Nilai to be developed
into an integrated
renewable energy (RE)
park for a period of 21
years.
.........More |
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UDA
aborts plan to sell land
UDA
Holdings Bhd is
terminating the proposed
sale of a 3.56 acres
land along Jalan Sultan
Ismail in Kuala Lumpur
for RM215.5mil to Nadayu
Properties Bhd.
.........More |
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Hotel
chain plans to expand
Tune
Hotels is planning to
build 30 more hotels in
Asia and Europe worth
RM907mil each next year.
.........More |
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Lynas
told to collect data
Lynas
Corp must compile the
medical history of
residents living near
the Gebeng industrial
area in order to compare
this with their state of
health once the rare
earth facility starts
operation.
.........More |
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Lack
of development around
new campuses has VC
upset
Universiti
Malaysia Kelantan has
expressed concern over
the limited
infrastructure
development around its
new campuses in Jeli and
Bachok.
.........More |
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Selangor
out of waste plan
Selangor
has been exempted from
the Solid Waste
Management and Public
Cleansing Act, state
executive councillor
Ronnie Liu said.
.........More |