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Dateline Lion City: News briefs from Singaporee including that a government committee has rapped the knuckles of several ministries and statutory boards for irregularities in their financial statements, including overpayments, delays in making refunds and irregular tendering practices.
IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.
THE newly amended Housing Deve-lopment Act (HDA) has tightened regulations for property developers and would be good for house purchasers as they are now much better protected, according to MK Land Holdings Bhd executive director Datuk P. Kasi.
WITH the property sector expected to benefit from the government#039;s stimulus package to be announced by the Prime Minister today, players in the sector are proposing measures that range from grants to first-time house buyers to a stamp duty waiver for purchasers of residential property.
GUTHRIE Property Development Holding Sdn Bhd will be well-placed to enhance its position as a leading property player when it becomes a listed entity after a proposed rationalisation.