By: CHERYL POO Khazanah says its latest report housing in Penang is also severely unaffordableKUALA LUMPUR: While housing in some states in Malaysia are more affordable than others with a well-functioning median multiple of three times, Kuala Lumpur and Penang are “severely unaffordable”,...

KUALA LUMPUR: A signing ceremony of Sale and Purchase Agreement (SPA) was held recently between Pelaburan Hartanah Bhd (PHB), a real estate investment holding company and wholly owned subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB) and State Government of Terengganu and Lembaga Tabung...

“The group expects this unbilled sales to translate into higher revenue for the second-half of the year."PETALING JAYA: I-Bhd’s net profit for its second quarter ended June 30 dropped 56% to RM8.52mil from RM19.41mil in the previous corresponding period, while revenue fell to RM52.73mil from...

Proposed public issue to raise minimum proceeds of RM242milPETALING JAYA: Eastern & Oriental Bhd (E&O), which reported a 22.6% rise in net profit to RM23.3mil in the first quarter ended June 30, is planning to list its UK-based property unit on the Alternative Investment Market (AIM) of the London...

COME Sept 1, households in Negri Sembilan, Kuala Lumpur and Putrajaya and five other states will have to separate recyclable waste from their rubbish.It is only days away but, as a resident in a housing area in Seremban, I have yet to hear or receive any instruction on how to go about this.Besides...

BY VIJENTHI NAIRLOOPHOLES in Urban Wellbeing, Housing and Local Government Ministry (KPKT) guidelines for guarded neighbourhoods are hampering Kuala Lumpur City Hall’s (DBKL) efforts in giving approval.Guarded neighbourhoods are a growing trend in residential neighbourhoods with many residents...

BY CAITLYN NG LI YUINDesigners have a new take on how to maximise space usage.One of Nu Infinity's beautifully designed spaces that allow for maximum natural light exposure.“The bigger, the better”, so the saying goes. While this may hold true for many things such as food portions, your bank...

BY ZAZALI MUSAJOHOR BARU: State investment firm Johor Corp (JCorp) is finalising details to develop a multi-billion ringgit township and an industrial park in Kota Tinggi district, northwest of Johor Baru, next year.JCorp president and chief executive officer Datuk Kamaruzzaman Abu Kassim said the...

Looking forward: Prime Minister Datuk Seri Najib Tun Razak witnessing the exchange of documents between Perbadanan PR1MA Malaysia and Maybank on a RM3bil bridging loan facility to partly finance the development of PR1MA projects. The signing ceremony was held after a meeting of the National Housing...

ALMOST every square metre of land around central Kuala Lumpur is under development.From areas surrounding the KLCC, KL Sentral, Bangsar Utama, Bangsar North, South, East, West, Mid Valley to the concrete jungle of Mont Kiara, they are either being developed or are already developed with high-rise...