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How GDP growth can top expectations
It can be done. All we need is positive thinking and a sense of humour
New agency planned to lure investors
PUTRAJAYA: A new agency, Invest KL, will be established next year to attract 100 multinational companies to invest in the federal capital and the Klang Valley over the next 10 years.
DIARY - Malaysia Aug 29(Thursday)
KUALA LUMPUR: Malaysia Diary: + ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
Govt disallows interest capitalisation scheme for housing licence approval
KUALA LUMPUR: The government will not allow the use of Interest Capitalisation Scheme or any other permutation to approve housing development licence, place advertisements and obtain sales permit by any housing developer.
More measures to boost transparency in property sector
WHEN the measures with regards the property sector were unveiled in the Oct 25 budget, developers and house buyers viewed them with confusion.
Battersea project financing secured
KUALA LUMPUR: The Malaysian consortium of S P Setia Bhd, Sime Darby Property and the Employees Provident Fund (EPF) which is undertaking the Battersea Power Station redevelopment project in London has secured £790.2mil (RM4bil) in financing.
Latest government cooling measures can help stabilise property market
THERE are many ways to stabilise the residential property market and the latest measure by the Government to curb bulk buying is a step in the right direction to ensure a more equitable market that is led by real demand.
Are property clubs the problems? YES
WHEN it comes to buying and selling shares on Bursa Malaysia, there are laws that prohibit the use of inside information to execute a trade. Investors will get the book thrown at them if proven they are creating a false market, which is essentially manipulating a particular counter.
Clear policy on bulk purchasing vital
A month into the need of prior consent for “four units or more” bulk purchasing of residential properties from developers, there are still no guidelines or a formal circular issued by the relevant ministry on the matter.
