PROPERTY NEWS



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#Sabah
RM40 Million Upgrade for Kayu Madang Landfill
The federal government has allocated RM40 million to upgrade the existing Kayu Madang landfill in Telipok, said Chief Minister Datuk Seri Shafie Apdal. ...
clock 15-06-2019
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#BankingInvestment
Stop Imposing RPGT on Assets After 10 Years
During the tabling of Budget 2019 last year, Finance Minister Lim Guan Eng said the government would impose a 5% RPGT on all Malaysians and raise the tax b...
clock 16-05-2019
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#Sarawak
Finance Minister Denies Govt Neglecting Development in Sarawak
Finance Minister Lim Guan Eng today refuted claims that the Pakatan Harapan (PH) government had neglected the infrastructure development of Sarawak. He ...
clock 07-05-2019
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#Sabah
Call to Increase State Budget to RM10 Bln
The annual State budget should be increased from RM4 billion to RM10 billion to further drive economic growth, especially in the ‘New Sabah’ era led by...
clock 16-04-2019
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#sarawak
Sarawak Receives RM2.58 Million in Tourism Tax Revenue
The Sarawak government has received RM2.58 million in tourism tax revenue which came into force on Aug 1, 2017, said Tourism, Arts, Culture, Youth and Spor...
clock 05-04-2019
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#EastMalaysia
Largest Record Budget for Development in Sarawak History Announced
Sarawakian firms, Cahya Mata Sarawak Bhd (CMW) and KKB Engineering Bhd (KKB) are expected to be the leading firms for upcoming infrastructure projects in S...
clock 20-03-2019
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#charles
Budget Deficit Is on Track and SST Is Helping
Nomura Global Research has just downgraded Malaysia again, advising its clients to “underweight” on Malaysian equities. In brief, they are asking inves...
clock 30-01-2019
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#WestMalaysia
DBKL Allocates RM262.17m for Management of Public Housing Units
To help meet the needs of low-income residents, Kuala Lumpur City Hall (DBKL) allocated RM262.17 million for the management of over 73,000 housing units in...
clock 29-12-2018
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#EastMalaysia
Putatan Receives RM8.8 Mil Federal Allocation to Construct District Sport Stadium
The Putatan MP, Awang Husaini Sahari announced that the district will receive a federal allocation amounting RM8.8 million to construct the district’s sp...
clock 06-12-2018
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#EastMalaysia
Sarawak’s Mega Projects to Boost State’s Construction Outlook in 2019
The pending implementation of mega projects, especially in Sarawak, will likely provide a boost on the state’s construction outlook next year, the resear...
clock 05-12-2018
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#budget
Surplus Budget of RM105.32mil
The State Government has proposed a RM4.16 billion budget for 2019 with a surplus of RM105.32 million – the fifth consecutive surplus budget for Sabah si...
clock 13-11-2018
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#WestMalaysia
2019 Budget Measures Will Kick-Start Housing Market Next Year
The exemptions and initiatives, in particular the waiver of stamp duty on transfer instruments and loan agreements for residential homes, announced in the ...
clock 09-11-2018
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#WestMalaysia
Analysts Hail New Property Gains Tax
The Federal Government has taken positive measures to raise revenue without taxing the lower- income group in Budget 2019, says KPMG Tax Services Sdn Bhd e...
clock 08-11-2018
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#EastMalaysia
Works Ministry: Five Projects Worth Nearly RM500m Approved for Sarawak
The government has approved five new projects, worth RMRM477.5 million, for Sarawak next year. The Works Ministry, in a statement today, said the projec...
clock 07-11-2018
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#WestMalaysia
Crowd-Funding Solution to Affordable Housing
Tun Dr Mahathir Mohamad is confident that the Property Crowd-funding solution announced in Budget 2019 can drive the building of one million houses in 10 y...
clock 05-11-2018
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#EastMalaysia
You Can Now Own a Property With a Monthly Income of RM2,300
In the recently presented National Budget 2019, the government will set up a fund of RM1 billion to provide home mortgage at an interest rate of 3.5%, for ...
clock 04-11-2018
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#WestMalaysia
Outlook for Malaysian Property Market
Malaysia's property market outlook will continue to remain stable and healthy in coming years despite a decline in the asking price for homes in the latest...
clock 03-11-2018
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#budget
All Eyes on Malaysia's 2019 Budget
The very first budget under the new Pakatan Harapan's (PH) administration has been unveiled. Let's take a look at some key highlights from the 2019 Budget ...
clock 02-11-2018
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#global
Economist Hopes Government Will Increase Affordable Housing
The 2019 budget is being planned in an uncertain global environment when the world economy is slowing down and world oil price experienced a sharp decline ...
clock 02-11-2018
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#transport
Sabah Transport Body Dreams of Funds for Proper Transit System
A transport association has voiced hope that Sabah's public transport network will be brought in line with its tourism industry, underscoring the need for ...
clock 01-11-2018
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