KUALA LUMPUR (June 25): The multi-lane free flow (MLFF) system is still in the negotiation stage, even as the government aims to start the project by year end, Works Minister Datuk Seri Alexander Nanta Linggi said on Tuesday. Several stages need to be completed before a final decision can be made, Alexander said at a…
Read MoreKUALA LUMPUR (June 25): Global real estate property technology group Juwai IQI Holdings has announced the launch of a new division — global wealth management — that provides a multi-family office platform offering investment consultation and financial management for high net-worth individuals, according to a press statement on Tuesday. The new division will be…
Read MoreKUALA LUMPUR (June 25): The Task Force on Sick and Abandoned Private Housing Projects (TFST), established by the Ministry of Housing and Local Government (KPKT), has successfully resolved 663 housing projects, benefiting 78,554 buyers with a gross development value (GDV) of RM57.09 billion in less than two years. Housing and Local Government Minister Nga Kor Ming…
Read MoreContributed by Datuk Chang Kim Loong Over the past year, the Madani Government has made several announcements on its intention to introduce a new law that facilitates urban renewal, redevelopment, rejuvenation and regeneration of identified private properties in the urban areas of Kuala Lumpur, Johor Bharu and Penang. The recent announcement that it will proceed…
Read MoreBy Joseph Wong With the pandemic now behind us, Malaysia is rapidly becoming a premier choice for international students seeking higher education. This growing influx of students is set to transform the real estate industry, fueling demand for rental properties and student accommodations. In fact, trends in the size of the global student population and…
Read MoreARCHIDEX aims to bring design technology and environmental stewardship together. Archidex, Asia’s leading architecture business event, is set to take place at the Kuala Lumpur Convention Centre from July 3 to July 6. The event was organised in conjunction with the Kuala Lumpur Architecture Festival, under the Malaysian Institute of Architects (PAM), convening alongside the…
Read MoreKUALA LUMPUR (June 21): Maybank Investment Bank has maintained its “buy” rating on Gamuda Bhd (KL:GAMUDA) at RM6.44 and adjusted the company’s FY2024E earnings by -5%, FY2025E earnings by +2% and FY2026E earnings by +3%. It also raised Gamuda’s realised net asset value (RNAV) target price to RM7.25 (from RM6.85). In a note on Friday,…
Read MoreKUALA LUMPUR (June 20): Binastra Corp Bhd (KL:BNASTRA), formerly known as Comintel Corp Bhd, achieved a record high quarterly net profit of RM18.1 million, or four sen per share, for the three months ended April 30, 2024 (1QFY2025). The group posted a quarterly net profit of RM5.73 million, or 1.5 sen per share a year…
Read MoreKUALA LUMPUR (June 20): Boutique property developer Asia Quest Holdings Sdn Bhd has announced a 97% take-up for the first block (Block A) of its latest Kiaramas deDaun condominium development in Mont’Kiara, Kuala Lumpur, in a statement dated June 19. The project was soft launched on May 2. According to the developer, the units taken…
Read MoreKUALA LUMPUR (June 21): Malaysia’s journey towards becoming a regional hub for data centres is driven by a confluence of strategic factors, including economic stability and robust connectivity. These factors pave the way for the country to be highly attractive for digital-related investments, said Universiti Teknologi Malaysia Faculty of Artificial Intelligence (AI) dean and associate…
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