Sime Darby Property to launch City of Elmina’s first high-rise Kanopi Residences on Nov 23 The project, which has a gross development value of RM299 million, offers 449 units spread across a 36-storey tower. Each unit will have a built-up of 1,000 sq ft with three bedrooms, two bathrooms and a minimum of two car…
Read MoreKUALA LUMPUR (Nov 15): The Construction Industry Development Board (CIDB) yesterday made the decision to retract the Quality Guidebook for Homeowners, effective immediately. Published in 2014, guidebook was meant to raise awareness about workmanship quality in building construction. “The guidebook aimed to educate homeowners while promoting the adoption of the Quality Assessment System for Building…
Read MoreBeverly Group and Parktech Solutions bring Asean’s largest automated car parking system to Milla Residence The ACPS at Milla Residence, which is poised to be one of the largest ACPS installations in Asean, will encompass 2,358 parking bays and 21 car lifts. KUALA LUMPUR (Nov 15): Beverly Group has entered into a partnership with car…
Read MoreKUALA LUMPUR (Nov 14): The construction of waste-to-energy (WtE) plants offer a sustainable solution to the growing shortage of sanitary landfill sites, and the escalating volume of waste generated each year, said Housing and Local Government Minister, Nga Kor Ming. (pictured) He said that last year, the country’s total solid waste production reached 14.2 million…
Read More(from left) Nik Nazmi, Choi, Lim, Yow and Wong at the signing ceremony. KUALA LUMPUR: Beverly Group has officially partnered with Parktech Solutions to introduce a cutting-edge automated car parking system (ACPS) at Milla Residence in Quartz Wangsa Maju. The strategic partnership was formalised between Beverly Group and Samjung Tech Co Ltd during a signing…
Read MoreKUALA LUMPUR (Nov 13): Aizo Group Bhd (KL:AIZO) has bagged a RM24.1 million sub-contract from China State Construction Engineering (M) Sdn Bhd (CSCE Malaysia) to undertake external infrastructure works for a high-rise residential project in Kuala Lumpur. In a bourse filing, Aizo said the project in Jalan Pantai Dalam includes a 37-storey tower with 440…
Read MoreDelivery of vacant possession without occupancy rights is against public policy, court rules Judge Datuk Ahmad Shahrir Salleh said between developers and purchasers, developers have an unequal advantage in bargaining power, and that delivering vacant possession of a property without allowing the purchasers the right to occupy the property is against public policy — even…
Read MoreHousing and Local Government Minister Nga Kor Ming: “For example, in Terengganu, the development of Pasar Payang Kuala Terengganu received an allocation of RM81.2 million, which covers the construction of a temporary market with an RM12.2 million allocation.” KUALA LUMPUR (Nov 13): The Madani government will continue to upgrade dilapidated public markets nationwide for the…
Read MoreKUALA LUMPUR (Nov 13): Packaging solution provider Scientex Bhd (KL:SCIENTX) said it has established a multi-currency Islamic medium-term notes programme of RM1.5 billion in nominal value. The group, which lodged the Sukuk Wakalah Programme with the Securities Commission Malaysia on Wednesday, said proceeds from the issuance of the sukuk will be used to finance and…
Read MoreThe land, measuring 59.2 acres, is a leasehold land with remaining tenure expiring on Aug 6, 2113. The net book value of the property is about RM3.97 million as at end-Dec 2023. KUALA LUMPUR (Nov 13): Property developer Pasdec Bhd (KL:PASDEC) is expected to realise an estimated net gain of RM68.38 million from the proposed…
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