Yap (centre) receiving the Award from FIABCI president Budiarsa Sastrawinata (right) and witnessed by the Award committee president Soelaeman Soemawinata. SINGAPORE: Sri Pengkalan Binaan Sdn Bhd’s (SPB Property) Taman Nuri Sentosa project has been awarded the World Silver Winner in the Affordable Housing category at the esteemed FIABCI World Prix d’Excellence Awards 2024. Held in…
Read MoreLee (centre) receiving the award from Budiarsa (right) as Soelaeman looks on. SINGAPORE: City developer SkyWorld Development Bhd (SkyWorld) achieved its second consecutive world gold award at the recent FIABCI (International Real Estate Federation) World Prix d’Excellence Awards 2024. Held at Gardens by the Bay, Singapore, SkyWorld chief executive officer Lee Chee Seng received the…
Read MoreHousing and Local Government Minister Nga Kor Ming (back row, centre), Star Media Group (SMG) group chief executive officer Chan Seng Fatt (back row, six from left) and SMG chief business officer Lydia Wang (back row, seventh from right) posing with the All-Stars award winners at the 9th StarProperty Real Estate Developer Awards 2024 gala…
Read More“The redevelopment of these sites could generate an estimated RM322.5 billion in GDP,” said Nga. — IZZRAFIQ ALIAS/The Star A necessity for continued urban growth, says Nga Urban redevelopment is essential for transforming cities, revitalising ageing infrastructure and ensuring sustainable growth. As cities expand and evolve, many urban areas face the challenges of outdated buildings,…
Read MoreKUALA LUMPUR (May 30): Vizione Holdings Bhd (KL:VIZIONE), which is valued at RM73.72 million, has secured a RM750 million contract from a company partially owned by its directors for construction works on a mixed development in Gombak, Selangor. The integrated construction engineering outfit will undertake the main contract works for Phase 2 and 3 of…
Read MoreKUALA LUMPUR (May 31): MGB Bhd (KL:MGB), a subsidiary of LBS Bina Group Bhd (KL:LBS), marked the completion of the building structure of Idaman Melur in Cybersouth, Selangor, with a roof-topping ceremony on May 24. The project was completed a month ahead of schedule. In a press release on Thursday, MGB mentioned that the early…
Read MoreKUALA LUMPUR (May 31): Phillip Capital has maintained its ‘buy’ rating for AME Elite Consortium Bhd (KL:AME) at RM1.71, with a higher target price of RM2.15 (from RM2), and said AME’s results were within both the house and consensus estimates for the financial year ended March 31, 2024 (FY2024). In a note on Friday, the…
Read MoreTaking a photo with Housing and Local Government Minister Nga Kor Ming (seventh from left) and Star Media Group chief executive officer Chan Seng Fatt (sixth from left), chief business officer Lydia Wang (fifth from right) and managing editor Brian Martin. The judges (from left) are Tan, Norshafina, Adzman, Noraida, Subramaniam, Serina, Abu Zarim and…
Read MoreKUALA LUMPUR (May 30): The government said it will prioritise addressing the issue of unlicensed abandoned private housing projects, including by collaborating with stakeholders. According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu (pictured speaking), there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia. Aiman said the ministry…
Read MoreKUALA LUMPUR (May 31): Hong Leong Investment Bank (HLIB) Research has maintained its ‘buy’ rating for OSK Holdings Bhd (KL:OSK) at RM1.66, with a higher target price of RM2.21 (from RM2.16), and said OSK’s first-quarter core profit after tax and minority interest of RM122.8 million (+26.7% quarter-on-quarter; +6.4% year-on-year) was within house expectations, making up…
Read More
