GRIK (PERAK): Emkay Group, controlled by property magnate Tan Sri Mustapha Kamal Abu Bakar, expects its Belum Rainforest Resort (BRR) in Pulau Banding to be a profit churner for the group in the future. The BRR project, which is currently being developed, is expected to be fully completed within the next 10 to 15 years. [...]
The domestic construction sector is expected to perform better this year with large infrastructure projects and housing construction activities expected to underpin growth. Industry observers said builders would welcome the Year of the Dragon with open arms knowing that the sector is likely to perk up after the impending elections at the end of the [...]
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 [...]