Berita Hartanah Terkini

  • Sabah to get country’s first ‘water village’ fire-fighting unit, says report

    KOTA KINABALU (March 19): Sabah will host the country’s first “water village” unit, reported Free Malaysia Today (FMT) today. Urban wellbeing, housing and local government ministry secretary-general Datuk Seri Mohammad Mentek (pictured) said the unit based in Semporna “would specialise in fire-fighting and rescue operations in water settlements”. “The water settlement unit will comprise existing […]

  • Highland Towers name will remain after redevelopment

    KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin. “The name Highland Towers will remain as it is part of history,” she was quoted saying in the Malay Mail today. The site has been abandoned for 26 years after […]

  • CapitaLand REIT is reportedly eyeing office tower owned jointly by Malaysia and Singapore state funds

    KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter. Negotiations for the 39-storey Duo Tower, along with the linked Duo Galleria Mall, have already started with the […]

  • MRCB stepping up the game with building system

    KUALA LUMPUR (March 19): Malaysian Resources Corp Bhd (MRCB) is stepping up the game in the construction industry by eyeing to introduce the country’s first volumetric building system by year end. Executive vice-president Datuk Seri Judin Abdul Karim said MRCB’s building system (MBS) is a combination of prefabricated prefinished volumetric constructions and a jointing system […]

  • Ex-Goldman banker Roger Ng appeals for bail before extradition to US

    KUALA LUMPUR (March 19): Ex-Goldman Sachs banker linked to the 1Malaysia Development Bhd scandal, Roger Ng, is attempting a second bite of the cherry by appealing at the High Court for bail be granted before his extradition to the United States. Deputy public prosecutors Suloshani Vijendran and Mahadhir Mohd Khairudin, appearing on behalf of the […]

  • Federal govt to restore ‘sick’ projects in Sarawak – Baru Bian

    KUCHING (March 19): The Federal Government will ensure that ‘sick’ projects under the previous government, especially in Sarawak, will be restored immediately and effectively implemented until fully completed. Works Minister Baru Bian said, the ‘sick’ projects in Sarawak include Sri Aman Hospital, Petra Jaya Hospital and a number of schools, especially in remote areas which lacked road accessibility making it difficult to transport […]

  • CIDB sees construction sector growing despite uncertainties

    KUALA LUMPUR (March 19): The local construction sector is expected to grow in 2019 despite lingering uncertainties concerning mega-infrastructure projects, intense competition and potential consolidation. Construction Industry Development Board (CIDB) chairman Tan Sri Dr Ahmad Tajuddin Ali (pictured) said while the on-going re-evaluation of mega-infrastructure projects has led to more intense competition, it has also transformed construction […]

  • Malaysia, Singapore should have three to four connecting bridges – Mahathir

    KUALA LUMPUR (March 19): Tun Dr Mahathir Mohamad said today Malaysia and Singapore need at least three to four more bridges to facilitate traffic flow between the two countries.The Prime Minister said that compared to Penang, which now plans to build its third bridge to the mainland in the form of a tunnel, the traffic flow in […]

  • Parliament: Decision soon for new housing, industrial projects to provide internet access – Gobind

    KUALA LUMPUR (March 19): The Communications and Multimedia Ministry hopes to implement soon the decision requiring all new housing and industrial projects to provide Internet access, the Dewan Rakyat was told today.Minister Gobind Singh Deo said discussions on the matter are ongoing and a decision may be forthcoming soon.The implementation of the policy will do away with […]

  • Police on high alert after NZ mosque attack: IGP

    Police on high alert after NZ mosque attack: IGP KUALA LUMPUR (March 19): The police went on high alert throughout the country immediately after the attack on two mosques in New Zealand last Friday, Inspector-General of Police Tan Sri Mohamad Fuzi Harun said today. He said policemen were instructed to monitor all temples and churches […]

  • Residents want illegal sand washing activity halted, says report

    KUALA LUMPUR (March 19): Residents of Andes Condo Villa and Mutiara Bukit Jalil want the illegal sand washing activity taking place near their homes halted, reported The Star today. “It is an endless din that has robbed me of peace of mind. Imagine living next to a construction site where the work never stops,” said […]

  • 12 hectares of forest and plantation land razed in N. Sembilan

    SEREMBAN (March 19): A total of 12 hectares of forest and oil palm plantation land was razed in Negeri Sembilan yesterday, believed to be due to the current hot and dry spell. The firefighting operation which covered four hectares of forest land each in Kampung Bukit Tembok, Port Dickson and Taman Bukit Mika 2, Seremban as well as four hectares […]

  • Quit rent payment problem in Selangor to be fixed next month

    PETALING JAYA (March 19): A change in the number of digits in account numbers owing to the introduction of a new online system recently resulted in some property owners having to go to a Selangor Land and Mines Office (PTGS) office to pay their quit rent. Pos Malaysia branches have also stopped taking quit rent […]

  • Schools administration can close school due to haze

    Schools administration can close school due to haze KUALA LUMPUR (March 19): School administrations are allowed to close school or restricting outdoor activities without prior permission from Education Ministry if the Air Pollutant Index (API) worsens due to haze. Deputy Minister Teo Nie Ching said schools had been given the authority to make the decision […]

  • Police arrest nine men over dumping of chemical waste into Pasir Gudang river

    JOHOR BAHRU (March 19): The police have arrested nine men, two of them in Johor and seven outside the state, to assist in the investigation into the dumping of chemical waste in a river in Pasir Gudang, Inspector-General of Police Tan Sri Mohamad Fuzi Harun said yesterday. The police had applied to the court to […]

  • Scientex gets valid acceptance of 52.54% shareholding in Daibochi

    KUALA LUMPUR (March 19): Scientex Bhd has garnered valid acceptance of 52.54% shareholding in Daibochi Bhd for its share swap deal, according to its filing with Bursa Malaysia. Daibochi said the share-swap offer will remain open for acceptance up till 5pm on April 1. To recap, on Nov 14 last year, Scientex announced its intention […]

  • Ramadan bazaar at Lorong TAR, Jalan Masjid India to be relocated to Jalan Raja

    Ramadan bazaar at Lorong TAR, Jalan Masjid India to be relocated to Jalan Raja KUALA LUMPUR (March 19): The Ramadan bazaar situated at Lorong Tuanku Abdul Rahman (TAR) and Jalan Masjid India here, will be relocated to Jalan Raja, facing the Sultan Abdul Samad Building. Kuala Lumpur Mayor Datuk Nor Hisham Ahmad Dahlan (pictured) said […]

  • Higher FY20, FY21 profits seen for Sunway REIT

    Sunway Real Estate Investment Trust (March 18, RM1.78) Maintain hold with a fair value (FV) of RM1.75: We maintained our “hold” call on Sunway Real Estate Investment Trust (Sunway REIT) with a higher FV of RM1.75 from RM1.68 based on a financial year 2020 (FY20) target yield of 6%, following an earnings revision on FY20 […]

  • Investors believed to be comfortable with Matrix’s IFD project in Jakarta

    Matrix Concepts Holdings Bhd (March 18, RM1.99) Maintain buy with a target price of RM2.35: After meeting with the management last Friday, we believe investors should be more comfortable with Matrix Concepts Holdings Bhd’s recent 10% placement exercise, as well as its involvement in the development of North Jakarta’s Islamic Financial District (IFD). This new […]

  • Project tender competition seen to intensify in construction sector

    Construction sector Maintain underweight: The Star daily on Sunday quoted Penang Chief Minister Chow Kon Yeow that since the RM1 billion bridging loan from the federal government for the Penang Transport Master Plan (PTMP) was not forthcoming, the project delivery partner (PDP), SRS Consortium, would now have to source for the funds. However, SRS Consortium […]

 

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