KUALA LUMPUR: Syarikat Perumahan Negara Bhd (SPNB), an agency set up to revive abandoned housing projects, will no longer rehabilitate such projects due to a policy change. Under the latest policy, abandoned projects would be fully managed by the Housing and Local Government Ministry through the Commissioner of Buildings, Managing Director Datuk Dr Kamarul Rashdan [...]
The current challenging economic times is a good time for reflection and we should not waste the opportunity to take stock of where we are heading as a people and a nation. Going by the adage that life begins at 50, Malaysia is still a fairly young nation and adopting more inclusive policies that mobilise [...]
KUALA Lumpur City Hall will set up a redemption reserve account to buy up public housing units of loan defaulters after the sixth month. The loans are arranged through the special housing scheme financed by the Employees Provident Fund (EPF). This scheme will be managed by Syarikat Perumahan Wilayah Persekutuan established under the Federal Territories [...]
KUALA LUMPUR: Faber Tower, which was built by Faber Group Bhd in 1986, is up for sale for RM80 million to RM90 million, people familiar with the matter said. Jeram Bintang Sdn Bhd, which owns 90 per cent of the commercial complex, has appointed CH Williams Talhar & Wong as the exclusive marketing agent. The [...]
After some dithering, the construction of the My Rapid Transit (MRT) project is moving into higher gear. The two major contracts awarded by MRT Co last week that totalled some RMl.6bil is proof that things are moving. What’s to come is more telling. By April, MRT Co, the overseer and project owner of the country’s [...]