Malaysia Property Investment – Still A Good Proposal?

Malaysia property investment has been booming. Malaysia has seen a constant growth in the property development market. The growth has been in the apartment, or condominium, space as well as the landed properties, like terrace houses. The latest figures, released by the Malaysian Government, show that the properties have appreciated. This is a significant improvement … Read more

Development Plan Is For Adjoining Land, Ashram Unaffected, Say Trustees

KUALA LUMPUR (Dce 31): Our intention have never to demolish or build over the Vivekananda Ashram, but to develop the adjoining land, says trustee R Sri Skanda Rajah. He said the trustees were also not asking the government not to gazette the building as a heritage site, only the land. “We are not suing the … Read more

Call To Green

WITH the current hazy climate conditions the country is faced with, many feel that perhaps this is a wake up call for the people and those governing, to start acting on intentions and declarations to go green. There is no time left to wait! If you just skim through dailies and look at what is … Read more

Residents Near Penang Land Reclamation Project Fear The Worst

GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP). Fishermen in the area are unhappy with the proposal by SRS Consortium Sdn Bhd to reclaim … Read more

Selangor Properties Bhd’s Q4 Net Profit Jumps To RM484 Million

PETALING JAYA, Dec 29: Selangor Properties Bhd’s net profit surged more than 16-fold to RM483.82 million for the fourth quarter ended Oct 31, 2015, compared with RM29.51 million in the previous corresponding period, mainly due to foreign exchange gain, and fair value gain on the revaluation of properties of RM17.2 million. Its revenue was up 3.09% … Read more