The Kota Sultan Ahmad Shah grand main entrance. KotaSAS to rejuvenate Pahang as its bold, new administrative capital With the high-flying goal of receiving the title of a high-income nation by the year 2025, Malaysia sees an increased focus on new infrastructure, development and standards of living nationwide. Distinctly, there is a need for townships…
Read MoreIntana Ria 3 balances the necessity of feel-good architecture and practicality. PKNS offers practical beauty in Bandar Baru Bangi With the ongoing scarcity in the market for reasonably priced housing, property developers often find themselves putting the task of artistic design to the side. Developments prioritise cost-effective amenities and their surrounding facilities rather than aesthetics,…
Read MoreFrom left: Tong, Iskandar, Ramuseren and Ruslan holding a framed copy of the document. PETALING JAYA: GreenRE Sdn Bhd and the Construction Research Institute of Malaysia (Cream), under the purview of the Construction Industry Development Board (CIDB), has launched a joint certification framework for their rating tools, GreenRE Rating Tools and MyCREST. GreenRE chairman Datuk…
Read MoreProperty developer has raised just short of RM1 billion from two land sale transactions in the last month. SP Setia Bhd’s recent moves to dispose land parcels in Tebrau, Johor, and Semenyih, Selangor, has been given the thumbs up by research houses. (SP Setia pic) PETALING JAYA: Research houses have welcomed SP Setia Bhd’s move…
Read MoreKUALA LUMPUR (July 6): UEM Sunrise Bhd took five awards at the Asia Pacific Property Awards 2023-2024 (APPA) held in Bangkok last month. UEM Sunrise’s The MINH Mont’Kiara won two five-star awards for the Best Landscape Architecture and Best Residential High Rise Architecture, as well as being the winner for the Residential High-Rise Development under…
Read MoreKUALA LUMPUR (July 6): Property developer Mah Sing Group Bhd will be developing a mixed residential development named M Zenya in Kepong with a total estimated gross development value (GDV) of about RM500 million. M Zenya will be developed under an unincorporated joint venture (JV) agreement with landowner Liberty Triangle Sdn Bhd, where Mah Sing’s…
Read MoreKUALA LUMPUR (July 5): LBS Bina Group Bhd has partnered with a land owner to jointly undertake a RM1 billion gross development value (GDV) mixed development in Sungai Penchala, Kuala Lumpur. The development will be carried out atop six parcels of land measuring 6.97 acres, owned by Saga Tunas Sdn Bhd, in phases over a…
Read MoreKUALA LUMPUR (July 6): Bank Negara Malaysia (BNM) has decided to maintain its overnight policy rate (OPR) at 3%. This came in line with the expectations of most economists, who opined that nine months of easing inflation, together with the central bank’s recent ringgit intervention, provided some reprieve for the central bank’s new governor Datuk…
Read MoreThis is SP Setia’s second attempt to dispose of the Tebrau land to the Scientex group. In May 2021, SP Setia announced the proposed disposal of its land in Tebrau, Johor, to Scientex’s wholly-owned subsidiary Scientex Quatari for RM518.15 million. However, the deal subsequently fell through. PETALING JAYA: Property developer SP Setia Bhd has proposed…
Read MoreKUALA LUMPUR (July 4): Minister of Local Government Development (KPKT) Nga Kor Ming said his ministry is pushing for the enactment of a new law, the draft of which will be tabled soon, to speed up the redevelopment of old properties for urban renewal. In Kuala Lumpur alone, there are 139 aged and poorly maintained…
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