Urban Redevelopment Act will provide structured guidance to renewal efforts – Rehda President Datuk Ir Ho Hon Sang: “Due to its age, a rundown building is not aesthetically a representation that we want in our major cities. But most importantly, these buildings may likely pose hidden dangers unknown to the residents, and rejuvenating it is…
Read MoreWCSC 2024: Socioeconomic, cultural impact of urban regeneration has to be factored into projects Urban regeneration should increase social value, boost economic growth, and improve infrastructure, within the context of a city’s cultural landscape. KUALA LUMPUR (Sept 12): Innovative urban regeneration should be a holistic process that increases social value, boosts economic growth, and improves…
Read MoreL&G managing director Low Gay Teck (right) answering questions from the media as chief financial officer Benjamin Leong looks on. KUALA LUMPUR: L&G Group is gearing up for a series of new launches, starting with the affordable serviced apartment project, Kamelia @ Bandar Sri Damansara, featuring 602 units with an estimated gross development value (GDV)…
Read MoreKUALA LUMPUR (Sept 12): The Federal Territory of Kuala Lumpur Land Registrar has been granted a stay by the High Court on Thursday from registering a 263.27-acre plot of land in the ‘Duta enclave’ to the liquidator of Semantan Estate (1952) Sdn Bhd. There are special circumstances due to the presence of government agencies and…
Read MoreLaunches and sales increased slightly in 1H2024, but higher construction costs stifling growth — Rehda survey Almost half the respondents reported having unsold completed residential units, citing the top reasons as loan rejection, low demand and bumiputera lots. KUALA LUMPUR (Sept 12): The Malaysian property market exhibited mixed signals in the first half of 2024…
Read MoreKUALA LUMPUR (Sept 11): The outcome of the Masjid India Sinkhole Incident Taskforce Meeting held on Tuesday decided that the buildings and Jalan Masjid India area are safe to visit, according to the Kuala Lumpur City Hall (DBKL). DBKL in a statement on Tuesday said based on reports from various relevant agencies, the sinkhole incident…
Read MoreKUALA LUMPUR (Sept 11): Malaysia is on course to become the “Asian Tiger” with five unique advantages to attract foreign investment, said Housing and Local Government Minister Nga Kor Ming. (pictured) Nga said Malaysia’s political stability is crucial for drawing investments, noting that the Madani government has provided clear guidance through several strategic blueprints, including…
Read MoreKUALA LUMPUR (Sept 10): Country Heights Holdings Bhd (KL:CHHB) on Tuesday (Sept 10) said it has paid the RM425,060 legal fees it owed to law firm Messrs Chellam Wong without any admission of liability. Hence, Messrs Chellam Wong has agreed to withdraw the winding-up petition that the firm filed in July on Thursday (Sept 12)…
Read MoreWCSC 2024: Need for more comprehensive legal framework to address issues like land acquisition, property management “Cross-disciplinary efforts between government, private sector and local communities are crucial in urban regeneration’s long term success, and to establish a framework that prioritises public interest.” KUALA LUMPUR (Sept 11): Urban regeneration offers an opportunity to build back better,…
Read MoreWith a gross development value (GDV) of approximately RM550 million, Radium Arena also recently earned the Provisional GreenRE Certification (Gold) for its sustainable design and innovative green features. KUALA LUMPUR (Sept 10): Radium Development Bhd today opened its Radium Arena sales gallery to all who want to preview the Old Klang Road development. With a…
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