KUALA LUMPUR (Sept 24): Listed companies on Bursa Malaysia’s Main Market and ACE Market, as well as large non-listed companies with annual revenue of RM2 billion and above, will have to comply with the newly launched National Sustainability Reporting Framework (NSRF) in phases. The NSRF, according to the Securities Commission Malaysia (SC), addresses the use…
Read MoreKUALA LUMPUR (Sept 24): Ecobuilt Holdings Bhd (KL:ECOHLDS) said the Court of Appeal has set aside one winding-up petition filed against the company by Strong Force (M) Sdn Bhd. The decision, confirmed via a sealed order by the appellate court dated Sept 11, follows a consent judgment in the court on the same date for…
Read MoreKUALA LUMPUR (Sept 24): The subsidence on Jalan Sultan Ismail in the federal capital, as shown in a viral video, was caused by a burst underground pipe that occurred early Monday morning, according to the Kuala Lumpur Fire and Rescue Department (JBPM). Its Operations commander Senior Fire Officer 1 Mohd Rozihafizam Othman said the department…
Read MoreBy Datuk Chang Kim Loong THE Minister of Housing and Local Government (KPKT) wants to proceed with the proposed Urban Redevelopment Act (URA), reasoning that redevelopment, rejuvenation or renewal of real estate within cities is necessary. KPKT proposes a 75% consent threshold for en-bloc sale for urban redevelopment, aligning with international standards like in Singapore….
Read MoreAn artist’s impression of Serasi Residences. PETALING JAYA: Sime Darby Property Bhd has topped out Serasi Residences, reaching the milestone of structural completion with the full completion targeted in February 2027. Comprising 1,428 units in three blocks, the freehold serviced apartment is a transit-oriented development (TOD), situated 400m from the Putra Heights LRT Station. With…
Read MoreKUALA LUMPUR (Sept 20): Integrated construction and property company PTT Synergy Bhd (KL:PTT) has acquired a semi-detached factory, together with a piece of land, in Sepang from Sime Darby Property Bhd (KL:SIMEPROP) for RM11 million. PTT Synergy’s wholly-owned subsidiary PTT Synergy Sdn Bhd entered into a sale and purchase agreement with Sime Darby Property (Serenia…
Read MoreBy Joseph Wong Integrated living, a concept that seeks to blend social and private housing within a single development, holds the promise of narrowing the socio-economic divide in Malaysia. Traditionally, the approach to low-cost housing in the country has involved pushing such developments to less desirable areas, often far from city centres and prime land….
Read MoreBy Joseph Wong AS Generation Z (Gen Z) in Malaysia transitions from renting to home ownership, they face unique challenges and opportunities in securing their financial future. According to recent data from global property tech company Juwai IQI, Gen Z, born between 1995 and 2005, has significantly increased their presence in the housing market over…
Read MoreBy Joseph Wong As urban land becomes increasingly scarce, particularly in city centres, developers are turning to redevelopment projects to maximise existing spaces. Traditionally, such projects would take on new identities, leaving behind old names to signify a fresh start. However, some developers want to retain the original names of buildings or properties, especially when…
Read MoreBy Joseph Wong As security technology advances rapidly, the uptake of advanced devices in property developments lags behind. Many property developers remain hesitant to move away from traditional security measures they consider sufficient for their projects. However, when it comes to safety and security, one questions if the current measures are sufficient to protect residents…
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