The Arden office tower is located within TA Global’s 48-acre Damansara Avenue masterplan, a mixed-use development with direct access to the Sri Damansara MRT station. BANDAR SRI DAMANSARA (April 14): TA Global Bhd has launched a new Grade-A strata office tower, The Arden in Bandar Sri Damansara, Selangor. The commercial site, with a gross development…
Read MoreMagma’s land buy for a Tioman resort lapses after four years, citing unmet conditions The hospitality operator said both agreements — SPA 1 and SPA 2, dated Dec 11, 2020 — had automatically lapsed as of Dec 31, 2024, due to the non-fulfilment of the agreed conditions within the stipulated time frame and the absence…
Read MoreThe fast-rising suburb is making waves in the property market Contributed by Faizul Ridzuan Strategically located less than 2km from Bukit Bintang and close to major commercial hubs like Tun Razak Exchange (TRX) and Kuala Lumpur City Centre (KLCC), Maluri offers unparalleled city access at a fraction of the cost. With strong demand from local…
Read MoreKUALA LUMPUR (April 10): A total of 190 homes affected by the gas pipeline fire in Putra Heights, Subang Jaya, last Tuesday (April 1) have been reoccupied, after inspections confirmed they were safe for residents to return. Selangor police chief Datuk Hussein Omar Khan said that as of Wednesday (April 9), 487 affected homes have…
Read MoreYNH Property’s independent review reveals interconnected directors, shareholders in RM1.1b JV deals The review also found that many JV companies shared common addresses and company secretaries. KUALA LUMPUR (April 10): YNH Property Bhd’s (KL:YNHPROP) independent review of RM1.1 billion worth of joint ventures (JVs) and turnkey contracts revealed that overlapping directors and shareholdings created an…
Read More“These people have been working at the tower for many years. As the company overseeing operations now, I don’t believe in replacing people simply because there’s a change. If they haven’t made any serious mistakes, why should they go?” KUALA LUMPUR (April 9): Emphasising a people-first approach, Lim Seong Hai (pictured) Capital Bhd (KL:LSH) non-executive…
Read MoreKerjaya Prospek’s stock bounces after job win, analysts see buoyant earnings ahead There are still construction jobs worth RM520 million from property launches by related party Eastern & Oriental Bhd for Andaman Island this year, according to RHB Investment Bank’s estimates. KUALA LUMPUR (April 8): Kerjaya Prospek Group Bhd’s (KL:KERJAYA) stock bounced on Tuesday after the…
Read MoreKUALA LUMPUR: The Ministry of Housing and Local Government (KPKT) has blacklisted 109 property developers for failing to comply with the set regulations, said Minister Nga Kor Ming. Ng said the move is part of the ministry’s continuous effort to protect homebuyers’ interests. “The move to blacklist these developers sends a clear message that we…
Read More“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today. What is the loss of opportunity for that land value in 50 years?” KUALA LUMPUR (April 7): Incremental housing may sound…
Read MoreKUALA LUMPUR (April 7): Housing and Local Government Minister Nga Kor Ming (pictured) will meet with Prime Minister Datuk Seri Anwar Ibrahim on Monday to discuss the best formula to help victims of the fire and gas pipe explosion in Putra Heights. “I will meet with the prime minister to discuss the best formula to…
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