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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
Local developers a priority at Bandar Malaysia
In a follow-up to an advertisement published in local dailies last week, the key entities behind the 486-acre Bandar Malaysia project in Sungei Besi have stated that locally-based companies will be their first priority in when seeking joint venture partners. The RM200 billion project is jointly helmed by Ministry... Read more
An unwelcome separation
 (This article is a follow-up on a previously published article entitled “Is there a need to reinvent the wheel”, which was published on property360online on May 1, 2016). BY PEPS & RISM The Building Managers Association of Malaysia (BMAM) has called for the setting up of a new board of... Read more
A tale of two ministries
BY Roznah Abdul Jabbar A long-running heated debate on who has the right to manage buildings has now spilled over into a much larger question: which ministry should rightfully govern building management activities? This was sparked by Ministry of Urban Wellbeing, Housing and Local Government’s (KPKT) recent proactive move... Read more