ZADC
Here’s what got the chop in the latest budget
BIG TICKET INFRA PROJECTS THAT HAVE BEEN EITHER AXED OR SHELVED There was plenty of trepidation in the lead up to Budget 2019, which was tabled on Nov 2. In weeks prior, the language from the government seemed cautionary, lowering our expectations for a closet full of candies as... Read more
Budget 2019: What’s in it for property?
SOLUTIONS IN SIGHT FOR HOME SEEKERS WHO HAVE LONG BEEN WAITING IN THE WINGS BY Zoe Phoon Finance Minister Lim Guan Eng tabled the Pakatan Harapan government’s inaugural budget in Parliament on Nov 2. This is the first federal spending plan by a new administration after 61 years following... Read more
LBS: Empower buyers in 2019
COMPANY HOPES GOVERNMENT WILL PROVIDE MORE IMPETUS FOR FIRST-TIME HOME OWNERSHIP AND FACILITATE BETTER ACCESS TO HOME LOANS IN UPCOMING BUDGET As part of its wish list for Budget 2019, veteran developer LBS Bina Group Berhad (LBS) says it is hopeful for policies that will help empower first-time home... Read more
Does Budget 2018 reflect our 2020 goals?
 PEPS WEIGHS IN ON THE GOOD, THE BAD AND THE UGLY… For those who are not in the know, “PEPS” is the very succinct abbreviation of the elaborately-named Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia (or, in Bahasa Malaysia, Persatuan Penilai,... Read more
Pessimism lingers among Malaysian developers
CAN THE UPCOMING BUDGET 2018 PROVIDE IMPETUS TO LIFT SPIRITS? Remember how market players were more optimistic about 2017 back in 2016? Well, things evidently haven’t panned out as planned and this has soured the overall mood considerably. If ever there was a sign that developers remain jittery about the... Read more
HD: PR1MA expands reach to more buyers
Two key policy changes have been announced by Prime Minister Datuk Seri Najib Razak that will enable greater participation of the 1Malaysia People’s Housing (PR1MA) programme. The two changes to the PR1MA policy were raising the eligibility level for households from an income level of RM10,000 to RM15,000, and... Read more
Welcoming 2017 with open arms and if I should summarise my December of 2016 in a few words, it was filled with weddings and more weddings. Punjabi weddings are the longest, lasting nothing less than three days. All that beer and mutton had left their marks on the hips,... Read more
Indons have higher budgets for S’pore properties
Among the top foreign buyers of properties in the Island Republic in the first none months of 2016, Indonesians have higher budgets with most of their deals around S$3 million (RM9.3 million), Singapore’s Business Times reported, quoting real estate consultancy JLL. According to findings from a JLL study, Indonesians... Read more
Mixed responses from property players
BY Roznah Abdul Jabbar Property industry stakeholders’ responses to Budget 2017 announced by Prime Minister Datuk Seri Mohd Najib Razak have been mixed. According to the research division of Public Investment Bank Bhd, property-related wish lists were totally ignored with matters made worse by the 1 per cent increase... Read more
Budget boost for MBPJ

Budget boost for MBPJ

News October 17, 2016

Big things are being planned for Petaling Jaya in the coming year as its city council (MBPJ) recently revealed that it will increase its development expenditure by 128 per cent in 2017. According to PJ mayor Mohd Azizi Mohd Zain, MBPJ has allocated RM139.89 million for development activity in... Read more