As at end-March, Inta Bina’s unbilled order book stood at RM1.5 billion from its construction segment, alongside unbilled sales of RM90 million from its property development segment. KUALA LUMPUR (Aug 12): Inta Bina Group Bhd (KL:INTA) has bagged a RM264.5 million contract to build two serviced apartment blocks in Segambut, Kuala Lumpur. The group said…
Read MoreOngoing dispute surrounding a 300m stretch of land legally acquired by the government is preventing full connection of the highway. KUALA LUMPUR (Aug 12): A delay in the completion of Section 3 of the West Coast Expressway is disrupting route planning and forcing hauliers to rely on existing congested roads, an industry association said. The overdue…
Read MoreGDB Holdings set for breakthrough year, Apex Securities says in initiating ‘buy’ call Revenue could hit a new record high of nearly RM800 million this year from working on Metrohub 4 in Klang, Logistics Hub Plot B in Shah Alam, and KL International Hospital in Bukit Jalil out of total jobs on hand worth RM1.2…
Read More“In addition, the 13MP also targets the construction of one million affordable housing units over 10 years by the government and private developers, integrating public housing at more reasonable prices.” KUALA LUMPUR (Aug 12): The use of modern technologies such as the Industrialised Building System (IBS) and Building Information Modelling (BIM), which enhance efficiency, transparency,…
Read MoreDeputy Housing and Local Government Minister Datuk Aiman Athirah Sabu: At the same time, the needs of every individual in the city must be addressed. Not solely based on top-down visions, but on what is genuinely required by all segments of society. KUALA LUMPUR (Aug 11): Urban development in Malaysia must be inclusive and involve…
Read MoreProperty booking fees have actually been illegal since the 1980s and developers are not allowed to collect any fees to secure a buyer a unit. When it comes to property transactions between buyers and developers, there exists what experts call an imbalance of power. The weaker party is often the buyer, chained down by stack…
Read MoreBy Joseph Wong In Malaysia’s vibrant and often high-priced property market, a real estate listing below RM100,000 is a rare sight, akin to finding a four-leaf clover. When they do appear, usually as sub-sale properties, they are typically older, low-cost apartments that have long passed their moratorium period of 10 or more years. These are…
Read MoreAn aerial view of MBPJ Stadium and other sports facilities which will be integrated in Kelana Jaya. — IZZRAFIQ ALIAS/The Star Can Kelana Jaya still be considered the stepchild of PJ’s property market? By Faizul Ridzuan Kelana Jaya is emerging from the shadows of its more celebrated neighbours like SS2, Damansara Jaya and Ara Damansara….
Read MoreKuala Lumpur has come a long way since the nation’s independence. Some of the world’s tallest skyscrapers now dot the capital. The evolution of Malaysia’s property sector beyond Merdeka By Joseph Wong As Malaysia approaches its 68th anniversary of independence on Aug 31 and 63rd anniversary of the formation of Malaysia on Sept 16, it…
Read MoreStriking the right balance to make housing affordable amid rising costs By Sulaiman Saheh The ) has recently unveiled a proposal to introduce a pay-per-use model for maintenance fees in future affordable housing developments. Spearheaded by Minister Nga Kor Ming, the initiative aims to reduce the financial burden on residents by shifting from fixed monthly…
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