Morison LC PLT noted that during FY2024, certain turnkey contracts were terminated or deemed incomplete, leading to the reclassification of RM66.88 million from inventories to other receivables, with the remaining RM1.03 billion recorded as inventories, according to YNH’s stock exchange filing. KUALA LUMPUR (Nov 1): YNH Property Bhd’s (KL:YNHPROP) external auditor has cast doubt on…
Read MoreSpread across a 3.9-acre freehold tract, Nara, which has a gross development value of RM353 million, offers two 28-storey towers that house a total of 709 units with built-ups ranging from 560 to 1,055 sq ft for 1+1 to four-bedroom layouts. Units are priced from RM250,000. KUALA LUMPUR (Nov 4): OSK Property Holdings Bhd, the…
Read MoreKUALA LUMPUR (Nov 4): Real Estate and Housing Developers’ Association (REHDA) Malaysia has come out in support of Minister of Housing and Local Government, Nga Kor Ming in his opposition of suggestions to limit the number of residential units people can purchase. The association shares his views that Malaysia is a free market economy, and…
Read MoreTA Global announces 60% take-up rate for first tower of Amaya Residences serviced apartment in Bandar Sri Damansara Amaya Residences will have 1,268 units spread over 68-storey of Tower A and Tower B. Units at Tower A will have built-ups range between 554 and 1,230 sq ft, while units’ sizes at Tower B are from…
Read MoreKUALA LUMPUR (Nov 4): A Proton Saga car fell into the rubble of a landslide at Lembah Maju in Pandan Indah near here early on Monday. Ampang Jaya district police chief ACP Mohd Azam Ismail said they were informed of the incident at 4.35am, and the site where the incident occurred is a public parking…
Read MoreStar Media, JAKS ink settlement to end six-year dispute over Section 13 land deal With the settlement agreement, the parties have agreed to withdraw legal proceedings and any counter claim against each other, with no liberty to file afresh. Star Media will also be allowed to recognise the bank guarantee of RM50 million it called…
Read MoreParkwood said it has plans to develop this cluster of land into a contemporary landed residential enclave. The development is expected to be launched by the third quarter of 2026. KUALA LUMPUR (Nov 1): Parkwood Holdings Bhd (KL:PARKWD), via its wholly owned subsidiary Parkwood Templers Sdn Bhd, has acquired five parcels of freehold land in…
Read MoreKUALA LUMPUR (Nov 1): Gamuda Bhd (KL:GAMUDA) has secured a RM451.4 million contract to build a data centre in Cyberjaya. The contract will cover the data centre’s foundational, civil, structural and architectural works, Gamuda said in an exchange filing. Works are expected to begin by December and be completed in the first quarter of 2026,…
Read MoreBy Joseph Wong Transit-oriented development (TOD) is a design concept centred around creating communities with easy access to public transportation, typically involving a mix of housing, office spaces and retail. The idea is to encourage more people to use public transit rather than relying on private vehicles. But are TODs really driving an increase in…
Read MoreMah Sing celebrated its achievement as the Top-Of-The-Chart property developer at the Malaysia Developer Awards 2024 for the third consecutive year. Mah Sing’s stellar reputation continues to soar Mah Sing, recognised by industry analysts as the King of Urban Residential Projects, boasts a remarkable 30-year track record as a fast turnaround developer, driven by consistent…
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