Don’t Be Fooled By The Opposition On 1MDB Asset Sales, Says Malay Chamber of Commerce Malaysia

BATU PAHAT, Jan 7 — The Malay Chamber of Commerce Malaysia (DPMM) has been urged not to be influenced by opposition claims that the sale of 1Malaysia Development Bhd’s (1MDB) stake in Bandar Malaysia to a Chinese firm could sacrifice national sovereignty. In making the call, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said … Read more

Malaysia Budget 2016 – Part 2

National House Buyers Association (HBA) president, Chang Kim Loong, raises more concerns and issues pertaining property, some which were not taken up in 2016 year’s budget. Pleased by the fact that the government has looked into curbing measures which it implemented in the 2014 budget like increase in RPGT (Exit Costs), LTV and prohibition of … Read more

Bandar Malaysia Deal Boost For Property Market

PETALING JAYA, Dec 5: The recent sale of a 60% stake in Bandar Malaysia to a Malaysia-China consortium is a boost for local property market sentiment in the new year, with significant positive implications, according to AmResearch. On Dec 31, 2015, 1Malaysia Development Bhd announced that Iskandar Waterfront Holdings Bhd (IWH) and China Railway Engineering … Read more