JOHOR BARU: A single mother has been living in fear for almost eight months as a group of loan sharks has been harassing her to settle a loan she did not take.Clerk Chaan Shy Mey, 33, said her ordeal began last August when her tenant, a furniture worker from Kulim, Kedah, left her house at Taman...

BY THO XIN YIMassive venture: Guests taking in the magnitude of the Bandar Malaysia project through a scale model of the township on the eve of the official launching of the project by the Prime Minister in June last year.PETALING JAYA: Japan is heightening its efforts in its bid for the...

BY MAZWIN NIK ANISPUTRAJAYA: Malaysia Vision Valley (MVV) will be a well-planned and sustainable development conducive for work, play and living.Covering 153,000ha of Seremban and Port Dickson, Negri Sembilan, the project is part of the Govern­ment’s vision for Greater Kuala Lumpur that will be...

BY TEE LIN SAYPanic selling is expected on IWC when it reopens. Indications on Thursday morning prior to IWC’s suspension was that the stock would open at limit down level, which is 30% lower. The stock closed Wednesday at RM3.08.PETALING JAYA: Fears of companies from China not putting their...

BY MAZWIN NIK ANISPUTRAJAYA: The termination of the master developer for Bandar Malaysia will in no way derail plans to develop the area or the rationalisation of 1Malaysia Deve­lop­ment Bhd (1MDB), said Datuk Seri Abdul Rahman Dahlan.Describing this as a temporary glitch, the Minister in the...

BY HO WAH FOONPETALING JAYA: The news on Wed­nesday that the Finance Minis­try (MoF) has called off a deal to sell 60% of Bandar Malaysia – a mega property development project estimated to have a gross development value of RM160bil when completed in 20 years – has sent shockwaves through the...

Home-sharing making its mark in the travel industry.By YOGANESWARI VELLUSAMYWhy is couchsurfing a successful concept? In just 10 years, room letting website has become a force to be reckoned with when it comes to holiday accommodation.In Malaysia’s property investment scenario, many of the...

BY M. HAFIDZ MAHPARKUALA LUMPUR: IWH CREC Sdn Bhd (ICSB), the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), takes the termination of the Bandar Malaysia development agreement very seriously.IWH CREC said in a statement that it was...

BY TOH KAR INNGoing forward, I-Bhd deputy chairman Datuk Eu Hong Chew said that the group’s property development division would be kept busy developing a mix of 14 residential and commercial towers to be built over the next 10 years in i-City. The projects are expected to fetch a gross...

KUALA LUMPUR: CIMB Equities Research expects Sunway REIT’s earnings to remain buoyant, underpinned by positive rental reversions and high occupancy rates at its retail assets, particularly Sunway Pyramid and Sunway Carnival.However, it still foresees slower growth from its hotel assets for FY17F,...