KUALA LUMPUR (March 11): SkyWorld Development Bhd held a key handover ceremony for its SkyAwani 5 Residences’ homebuyers last Saturday (March 9). According to a press release, the homeowners were presented the keys to their respective homes from minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa during the event. With a gross…
Read MoreKUALA LUMPUR (March 11): Permodalan Negeri Selangor Bhd (PNSB), a state-owned real estate development company, signed an agreement with construction firms IJM Corp Bhd and Lim Seong Hai Capital Bhd to study connectivity routes in the state. The collaboration aims to transform the road transportation infrastructure focusing on the Southern Selangor Integrated Regional Development, the…
Read MoreKUALA LUMPUR (March 11): Silver Ridge Holdings Bhd won a RM1.88 million job to construct railside protective fencing for China Communications Construction (ECRL) Sdn Bhd (CCCC ECRL). The sub-contract is expected to start on Monday (March 11) and to be completed within five months, said the telecommunication system solutions provider in a stock exchange filing…
Read MoreKUALA LUMPUR (March 11): SkyWorld Development Bhd has bagged the Best Employers 2023 Award by Kincentric, according to a press statement on March 8. It has won the Best Employers Award for the fifth time. Through its Best Employers Award, Kincentric — a Spencer Stuart company — recognises and celebrates leading organisations worldwide, judging them…
Read MoreKUALA LUMPUR (March 11): Malaysia’s retail sales may rebound in the first quarter of 2024 (1Q2024), after unexpectedly shrinking 0.2% in 4Q2023, amid rising cost of living and fallout from the Israel-Hamas war, a consultancy firm said on Monday. Retail sales are expected to grow an average 7.1% in 1Q2024 from a year earlier, with growth in…
Read MoreKUALA LUMPUR (March 11): The National House Buyers Association (HBA) proposes an alternative to the establishment of a 75% residents’ consent threshold, also referred to as ‘en bloc sale’, in redevelopment projects, which could potentially deprive homeowners of their properties. HBA, in a statement on Saturday, said any redevelopment, rejuvenation or renewal plan must receive…
Read MoreKUALA LUMPUR (March 11): Varia Bhd, formerly known as Stella Holdings Bhd, has signed a Memorandum of Understanding (MOU) with Sungai Klang Link Sdn Bhd to offer its expertise in assisting the preparation, management, control, and execution of works for the proposed Sungai Klang Link (SKL) elevated highway. SKL is a special purpose vehicle established…
Read MoreKUALA LUMPUR (March 11): The East Coast Rail Link (ECRL) is anticipated to contribute a 3.8% increase to Malaysia’s gross domestic product (GDP) by 2047 by enhancing trade, boosting tourism and stimulating regional development. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ECRL project, valued at almost RM75 billion, is…
Read MoreZaliha (centre) spoke to a new homeowner of SkyAwani 5 Residences at the showroom unit while Lee (right) and Parang (standing) listened attentively. PETALING JAYA: Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa has presented keys to homeowners of SkyAwani 5 Residences, a development by SkyWorld Development Bhd with an 84% Qlassic…
Read MoreTransactions in the city’s top 10 estates surged to their highest level in over a year, with a pickup in interest in the second-hand market. (AP pic) HONG KONG: Ray Yuen waited for months for someone to buy his Hong Kong home so he could upgrade to a bigger one for his family. But there…
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