15 November 2019: JV for Bukit Raja industrial site; 90% new property still under JMB

Three firms to develop industrial site in Bandar Bukit Raja Sime Darby Property Bhd (SD Property), Mitsui & Co Ltd (Mitsui) and Mitsubishi Estate Co Ltd (Mitsubishi) have formed a JV company – SDMIT Development Sdn Bhd (SDMIT) to develop

14 November 2019: Record high residential sales in 2019; S’pore plans to be AI global leader

Residential property sales in Malaysia this year to be record high since 2016 The housing market in the country is expected to be at a record high by the end of this year since 2016, a real estate agent forecasted.

13 November 2019: Socso launches system to help B40; Starhill Gallery to undergo transformation

Socso launches system to help reduce poverty The Social Security Organisation (Socso) has launched the Social Synergy Programme to help the needy and streamline the fragmented roles of various social agencies in the country. The programme which involves 17 government

12 November 2019: Plaza Rakyat, Hyatt Hotel projects to be redeveloped

Plaza Rakyat, Hyatt Hotel projects to be redeveloped, says FT minister Two abandoned projects in Kuala Lumpur’s city centre, namely Plaza Rakyat and the Hyatt Hotel, will be redeveloped, says Federal Territories Minister Khalid Abdul Samad. The Plaza Rakyat project,

11 November 2019: Indonesia begins work on new capital; People-centric plan for KL

Indonesia begins fortification of site of new capital New bases will be built by the Indonesian armed forces (TNI) as the country begins shifting its attention to East Kalimantan where the new capital will be relocated from Jakarta. New headquarters

8 November 2019: RM25,000 cash transaction limit; IOI Properties targets RM2b sales

Malaysia to impose cash transaction limit of RM25,000 next year Malaysia is planning to impose a cash transaction limit (CTL) of RM25,000 starting next year to further strengthen the country’s financial integrity and curb illicit activities. The measures will apply

7 November 2019: Penang Hill heritage hotels; Mandatory maintenance for Sarawak strata units

Penang Hill to transform heritage bungalows into hotels Penang Hill will soon have several new accommodations for tourists, state Tourism, Heritage, Culture and Arts Committee chairman Yeoh Soon Hin said. He said the three heritage bungalows, namely, Hillside, Woodside and

6 November 2019: RTS extended to April 2020; MACC to locate RM19bil 1MDB assets

RTS extension to end-April 2020 needed to amend project Malaysia can only sign the Rapid Transit System (RTS) Link project agreements with Singapore by end-April 2020 as it needs a time extension to amend the project’s “scope and structure”, said

5 November 2019: RTS will be LRT-based system; Malaysia world’s worst at carpooling

Loke: JB-Singapore RTS will be LRT-based system The approved Rapid Transit System (RTS) project linking Johor Baru and Singapore will utilise the light rail transit (LRT) form, a choice which Transport Minister Anthony Loke said was made following a review

4 November 2019: No more TnG reload at tolls; Menara Weld up for sale

PLUS: No more Touch ‘n Go reload facilities at all toll plazas from Nov 5 PLUS Malaysia Berhad (PMB) will no longer provide Touch ‘n Go reload facilities at all toll plaza exit lanes beginning Nov 5. According to PMB,