KUALA LUMPUR (July 15): Selangor Dredging Bhd (KL:SDRED) has launched DaMai, a mid-rise residential development in Taman Melawati, Selangor, that blends landed-home living with the amenities of a condominium. According to a press statement issued on Tuesday, DaMai introduces a “parking at your doorstep” concept that allows residents to access their homes directly by car…
Read More“With their involvement, I am confident that public participation will be wider and more impactful, potentially making history by attracting 100,000 participants in this massive community cleanup campaign.” PUTRAJAYA (July 15): The Ministry of Housing and Local Government (KPKT) will hold engagement sessions with environmental non-governmental organisations (NGOs) to appoint them as strategic partners in the National…
Read MoreThe new anchor tenants are Village Grocer, Miami Beach, Jungle Gym, Ballet Theatre Malaysia, Sport Planet, Playa Racquet Club, La Boca and 91 Sports Arena. KUALA LUMPUR (July 14): Hextar World at Empire City on Monday announced eight new anchor tenants and it is on track to open its doors to the public in the…
Read MoreHo Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.69 million in loan facilities, for which Ho Hup is the guarantor. KUALA LUMPUR (July 10): Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to…
Read MoreThis marks the second land acquisition involving Avaland and Tan Chong Group this month. KUALA LUMPUR (July 10): Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into…
Read MoreBank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course. Future policy decisions will continue to be guided by the evolving outlook for domestic growth and inflation. KUALA LUMPUR (July 9): Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) governor Datuk Seri…
Read MoreTackling climate risks amid population growth By Joseph wong As Malaysia’s population grows and urban centres expand, so too does the pressure on the nation’s infrastructure, resources and environment. With rising demand for housing, food, energy and transportation, the looming threat of climate change has turned the conversation from one of development to one of…
Read MoreSime Darby Property unveils a new industrial leasing model in the City of Elmina. In the evolving landscape of industrial development, Sime Darby Property Bhd presents The Cubiz Collection, a next-generation industrial development in Elmina East Industrial Park, City of Elmina, offering a first-of-its-kind ready-built-factory leasing model. Designed to meet the shifting demands of modern…
Read MoreKUALA LUMPUR (July 10): Suntrack Development Sdn Bhd’s ERAT Residence, a condominium in Shah Alam, has achieved a 20% take-up rate since its soft launch in March. Suntrack Development chief executive officer James KK Tan said, “We understand that people go through different life events that sometimes require a shift in accessibility needs around the…
Read MoreAmong the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000. PETALING JAYA (July 10): The Kuala Lumpur city centre (KLCC), being the heart of the nation’s capital city, has naturally drawn strong demand for its properties. Deemed as a “blue-chip”…
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