Low said the group also plans to launch 1,008 units of high-rise service apartments in Sri Damansara Club with an estimated GDV of RM621 million in 2025. KUALA LUMPUR (Sept 10): Property developer Land & General Bhd (KL:L&G) plans to launch U10 Aria Rimba, a new township project in Shah Alam with a total gross…
Read More“This is intended to achieve [the city’s] target of 40% affordable housing units by 2040.” KUALA LUMPUR (Sep 10): Developments on land parcels bigger than five acres must include residential Madani units, said Kuala Lumpur mayor Datuk Seri Dr Maimunah Mohd Sharif. “The government requires that any land [in KL] greater than five acres must…
Read MorePrime Minister Datuk Seri Anwar Ibrahim highlighted that highway development costs could be lowered, but have instead risen due to excessive fees imposed during the approval process. KUALA LUMPUR (Sept 8): Prime Minister Datuk Seri Anwar Ibrahim (pictured) said that toll rates could be reduced if highway development costs are managed effectively and are free…
Read MoreKUALA LUMPUR (Sept 8): All work at the construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project, located at Taman Mas, Puchong, Selangor has been halted to evaluate the situation and implement additional safety protocols. Gamuda Berhad (KL:GAMUDA) in a statement said all parties at the construction site are working closely with…
Read MoreLaw firm succeeds in setting aside restraining order for filing winding-up petition against Country Heights over legal fees owed Country Heights, in a statement issued to Bursa Malaysia last month, said the petition arises from the company’s failure to settle a sum of RM425,060 that arose from the legal service provided for the corporate exercise…
Read MoreBuilding better cities: The role of public-private partnerships in urban regeneration “Urban regeneration is a process that takes time and involves multiple stakeholders coming together. It requires a clear vision, private investment and community engagement.” KUALA LUMPUR (Sept 9): As the world grapples with rapid urbanisation, the success of urban regeneration projects hinges on strong…
Read MoreKUALA LUMPUR (Sept 5): Sentoria Group Bhd (KL:SNTORIA) said on Thursday that Messrs Grant Thornton Malaysia PLT (GTM) has voluntarily resigned as the company’s external auditors. In a bourse filing, Sentoria said it had received a resignation notice from Grant Thornton Malaysia, dated Sept 2. However, it did not specify the reason for its departure….
Read MorePhase 2 of Ridge View is part of the larger Ridge View landed hilltop residential development in Puchong, which will be developed in six phases. KUALA LUMPUR (Sept 6): IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken…
Read MorePNSB, Gagasan Nadi Cergas break ground for Rumah Idaman Amani at City of Elmina, Shah Alam The project comprises 1,063 units, spread over two towers, with built-up size of 1,000 sq ft and 1,120 sq ft. All of the units will be furnished with television, refrigerator, kitchen cabinets, closets, water heaters and air-conditioners. The selling…
Read MoreIts outstanding order book now amounts to RM2.8 billion, which would provide earnings for the next four years. KUALA LUMPUR (Sept 5): Binastra Corporation Bhd (KL:BNASTRA) said on Thursday it has secured a construction contract worth RM283.33 million for an apartment project in Kuala Lumpur. Works on the contract are expected to be completed within…
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