KUALA LUMPUR (May 23): TA Global Bhd held a groundbreaking ceremony on Friday to mark the start of superstructure construction for its CloutHaus project in Kuala Lumpur City Centre (KLCC). The event was officiated by chief executive officer Tiah Joo Kim, chief operating officer Lee Yen Foong and representatives from main contractor HAB Construction. Located…
Read MoreKUALA LUMPUR (May 21): The rooftop solar quota under the Net Energy Metering (NEM) mechanism for residences (NEM Rakyat) has been fully taken up, according to the latest data published by the Sustainable Energy Development Authority (Seda). A total of 599 megawatts (MW) has been applied for the total 600MW quota allocated under the NEM…
Read MoreThis weekend, explore move-in-ready units in Bukit Ceylon, Bukit Jalil, Puchong, and Seri Kembangan. PETALING JAYA (May 22): Looking to make your next big move? PropNex Malaysia has a fresh batch of standout listings across the Klang Valley ranging from luxury penthouses in the heart of the city to spacious family homes in peaceful suburban…
Read MoreKUALA LUMPUR (May 22): Eco World Development Group Bhd (EcoWorld) unveiled its first 19 tenants at Majestic Labs, a new community and retail hub at its flagship township, Eco Majestic. The tenants include: Believe Fitness, Claviera Petite, EcoWorld Gallery @ Eco Majestic, Melody Kindyland, Chef Kecik, Flow Academy, Fui Chuai Chinese Restaurant, Hock Kee Kopititam,…
Read MoreS P Setia records 1QFY2025 profit before tax of RM141 mil, continues to reduce its borrowings by another RM156 mil Remains committed to achieving its RM4.8 billion sales target this year, leveraging on its established reputation as one of the top listed sustainable, master planned township developers in Malaysia. KUALA LUMPUR (May 21): S P…
Read MoreWORQ and Sunway launch 20,000 sq ft co-working hub at Sunway V2 Tower with 70% of space leased The new site is located within the integrated Sunway Velocity TWO development, building on the momentum from their first joint effort at Sunway Putra, which reached full occupancy within a month. KUALA LUMPUR (May 21): WORQ and…
Read MoreThe programme, which will comprise the issuance of senior Islamic medium-term notes and subordinated perpetual Islamic notes, was lodged with the Securities Commission Malaysia (SC) by the REIT’s manager, Axis REIT Managers Bhd. KUALA LUMPUR (May 20): Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3…
Read MorePotential home buyers looking at the model of a Residensi Madani at PPR Batu Muda, Kuala Lumpur. — AZHAR MAHFOF/The Star Contributed by Foo Chee Hung One of the biggest barriers to building affordable housing in urban areas is the high cost of land. In Kuala Lumpur, for example, land acquisition averages about RM570 per…
Read More“In essence, smart construction, while leveraging technology and data to optimise resource use, reduce waste, and minimise environmental impact, will ultimately lead to more sustainable buildings and construction practices.” PETALING JAYA (May 20): The construction sector produces approximately 38% of global carbon emissions and 24% in Malaysia, making it a critical focus for climate action…
Read MoreDigital Ministry: “The use of AI in major cities like Kuala Lumpur now plays an important role in accelerating the modernisation of urban infrastructure and services. It not only enhances urban management efficiency but also directly contributes to the improvement of the quality of life for city residents.” KUALA LUMPUR (May 19): Kuala Lumpur City…
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