BNM cuts OPR to 3%, first revision in over a year

This article first appeared in TheEdgeMarkets.com, on May 7, 2019.

By Syahirah Syed Jaafar

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Source: TheEdgeMarkets.com

KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.

The c...

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Johor has the most unsold properties in the nation

This article first appeared in TheStar.com.my, on May 5, 2019.

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Source: TheStar.com.my

JOHOR BARU: Johor has the highest number of unsold completed properties in Malaysia over the last two years with 6,066 units left without buyers.

State Housing, Communications and Multimedia Committ...

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Don’t be fooled when buying a home

This article first appeared in EdgeProp.my, on May 3, 2019.

By Natalie Khoo

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Source: EdgeProp.my / Chang: Purchasers must know what they are buying especially the common facilities in a strata development. (Photo by Low Yen Yeing/EdgeProp.my)

Don’t buy a home that you will regret late...

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Property developers urged to disclose cost of development

This article first appeared in EdgeProp.my, on Apr 30, 2019.

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Source: EdgeProp.my / "In the valuation profession, the cost depreciation method is our last resort because cost is not equal to value.” 

BANGI (April 30): Valuation and Property Services Department director-general Ahmad Zail...

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World Bank expects positive impact from ECRL, Bandar Malaysia revival

This article first appeared in TheEdgeMarkets.com, on Apr 24, 2019.

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Source: TheEdgeMarkets.com

KUALA LUMPUR (April 24): The World Bank Group expects the revival of the East Coast Rail Link (ECRL) and Bandar Malaysia projects to have a positive impact on the country’s economic growth in ...

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Putrajaya approves Penang’s 3 islands reclamation project

This article first appeared in FreeMalaysiaToday.com, on Apr 18, 2019.

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Source: FreeMalaysiaToday.com / The three reclaimed islands (highlighted in yellow) will cover close to 5,000 acres of land in total. (Facebook pic)

GEORGE TOWN: Chief Minister Chow Kon Yeow today announced that the ...

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Islands to drive state economy

This article first appeared in TheStar.com.my, on Apr 16, 2019.

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Source: TheStar.com.my

GEORGE TOWN: Over RM70bil is expected to be raised from the three man-made islands under the Penang South Reclamation Scheme (PSR), enough to spearhead the state’s economic development for the next 30...

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China will help shoulder ECRL’s operational risk

This article first appeared in EdgeProp.my, on Apr 16, 2019.

By Chester Tay

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Source: EdgeProp.my

KUALA LUMPUR (April 16): Apart from reducing the East Coast Rail Link (ECRL) construction cost by RM21.5 billion, the government revealed that the Chinese state-owned China Communications ...

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Penang’s PIL and LRT projects to start next year

This article first appeared in EdgeProp.my, on Apr 8, 2019.

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Source: EdgeProp.my

GEORGE TOWN (April 8): The light rail transit (LRT) line and the Pan Island Link 1 (PIL 1) have been scheduled to begin in June next year.

The Star reports that the PIL received approval from the Depart­m...

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Long getaways may get shorter now

This article first appeared in TheStar.com.my, on Apr 3, 2019.

By Chester Chin

PETALING JAYA: If you’re thin­k­ing of booking an Airbnb property in the country for a long getaway, your break might be cut short with a proposed limit on rental days.

Short-term accommodations (STA) in Malay...

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