KL businesses to begin waste separation in January
The waste separation at source (SAS) policy which was enforced for landed residential households in Kuala Lumpur in 2015 will be extended to commercial establishments by January next year. The commercial establishments involved are hotels, shopping malls, retailers, offices and construction sites. These establishments will have to segregate their wastes at source and ensure that recyclable wastes such as glass, paper and plastic are separated. SWCorp is in the midst of fine-tuning the Solid Waste & Public Cleansing Management Act 2007 (Act 672) to include commercial establishments. It is expected to be ready by October this year with enforcement planned for early next year. (The Star Online)

(Image from The Star)

Prosma expects to seal rent-to-own scheme deal in September
Prosma Bhd expects to finalise a sale and purchase agreement (SPA) with YNH Property Bhd in September, to implement the rent-to-own (RTO) scheme under Komuniti Prefer Malaysia. The SPA involves assets amounting to RM53 million in Manjung, Perak, and the rental rate is between RM950 and RM1,200 per month for 30 years. Under the scheme, Prosma provides a corporate guarantee of between 60% to 100% of the 30-year loan value to financial institutions involved in ensuring the effectiveness of the RTO scheme and as a guarantee of housing loan to be applied by Prosma through local banks. (The Sun Daily)

KPKT plans to build PPR homes for M40 group
The Urban Wellbeing, Housing and Local Government ministry (KPKT) is planning to introduce homes under the People’s Housing Project (PPR) to cater to the needs of the middle income group (M40). Its minister Tan Sri Noh Omar said at the moment, the PPR had only been targeted for the lower-income group (B40) and that the government wished to extend the project to the M40 in its bid to help the latter bracket own affordable and comfortable homes. The government currently subsidises over RM100,00 for each PPR home for the B40 group, but for the M40 group, the government is considering discounts between 10% and 20% for properties valued around RM700,000. (The Sun Daily)

Trive Property to leverage on Kertih Project
Trive Property Group Bhd is banking on its first market mover advantage through its proposed mixed development project in Terengganu. The company is hopeful that the proposed East Coast Rail Line (ECRL), the existing Petronas Gas Export Terminal (PEGT) and the ongoing Terengganu Economic Transformation Programme (ETP) will yield positive spillover effects on the upcoming development known as the Kertih Project. The Kertih Project, located within the vicinity of a new township called Bandar Baru Kertih Jaya, Kemaman, will hold an estimated RM284 million GDV upon total completion of all three phases. Phase One, comprising terraced houses and semi-detached houses, is expected to begin work in 2Q next year. (NST Online)

Chong and Ho posing with a scale model of the company’s project. (Photo from The Star)

Mah Sing to launch third project in Rawang
Following its rebranding exercise in March, property developer Mah Sing Group Bhd is preparing to launch its third project in Rawang, Selangor. The project, known as M Aruna @ Rawang, has has a total land area of 97 acres and GDV of RM520mil, comprising of 565 units of two-storey linked homes and two-storey cluster garden homes. The features in M Aruna that will appeal to house buyers, despite the current soft market conditions, are price, concept, and growing accessibility. (The Star Online)

Minister: Local authorities must be firm in enforcing development laws
Local authorities (PBT) nationwide must act firm and follow the existing rules in giving approval to every development project, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. This was to ensure there was no negligence on the part of the developers, especially on implementing the drainage system, which could result in the occurrence of flash floods. “The PBT must act responsibly in enforcing the policies that have been decided and if the developers fail to comply with the rules, stern action must be taken,” he said. (Malay Mail Online)

Authorities urged to list illegal factories in Penang
The People’s Alternative Party (PAP) has called on the Penang City Council (MBPP) and Seberang Perai Municipal Council (MPSP) to list factories operating illegally in the state. Information obtained by the party found that there were more than 200 factories operating illegally in the state, with 150 in Seberang Perai and the others on the island. Yesterday, Chief Minister Lim Guan Eng said the Penang DAP government did not take action against buildings, house of worship or hawkers operating illegally since before 2008. (Malay Mail Online)

Asia Cafe, Ming Tien food courts to make way for high-rise developments
The imminent closure of two iconic food courts – Asia Café at SS15, Subang Jaya and Ming Tien Food Court at Taman Megah, Petaling Jaya – is sad news for foodies and local residents. The two food courts are known as a foodie’s heaven with more than 100 hawker stalls selling local favourites and other gastronomic delights. It is learnt that Ming Tien will close its door on Oct 31 while Asia Café will be closed by the end of this year. Ming Tien’s closure was to make way for a new development, a 31-storey serviced apartment, retail and office space, by PPB Group Bhd. Asia Café would be demolished to make way for a SoHo project. (NST Online)

Throwback: Estate123 roadshow at SS15, Subang Jaya