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Mah Sing acquires land in KL, Penang for RM307m

KUALA LUMPUR: Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil. It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively. The property developer said in […]

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Perbadanan Nasional allocates RM410 million for investments in 2016

Perbadanan Nasional Bhd (PNS) has allocated RM410 million worth of investments and financing for this year as it sees opportunities in the property and equity investment markets, reported The Sun Daily. “We are always monitoring, we are looking at business opportunities and evaluating business proposals on equity investments, in which we invest in companies for […]

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Hasan: Local authorities will not be allowed to increase property tax in Negeri Sembilan

The Menteri Besar of Negeri Sembilan said that the state government will not allow the local authorities to increase the property assessment tax this year, reported Bernama. “This is the eight year where the state government had not allowed for the increase in the tax rates, despite the real estate value growth in certain areas,” said […]

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