KL City Hall sets up portal for public to strengthen transparency in city's urban planning process

KL City Hall sets up portal for public to strengthen transparency in city's urban planning process

news

Updated:
  • Kuala Lumpur City Hall has launched an OSC Portal to enhance transparency in urban planning.
  • The portal allows public access to development applications while protecting confidential information.
  • This initiative aims to boost public confidence and ensure orderly compliance with regulations in development activities.
Read More
Malaysian Bar says HIMS does not replace legal safeguards in home purchases

Malaysian Bar says HIMS does not replace legal safeguards in home purchases

news

Updated:
  • The Malaysian Bar emphasised that HIMS does not replace legal stages in housing transactions.
  • HIMS is an admin tool for eligibility and allocation, but legal protections are crucial post-allocation.
  • The Bar urged for legal advice integration in HIMS to protect buyers from risks in the contractual phase.
Read More
Berjaya Land’s George Town project draws local, global buyers; opens sales gallery

Berjaya Land’s George Town project draws local, global buyers; opens sales gallery

news

Updated:
  • Berjaya Land Bhd has launched a new sales gallery for its Jesselton Courtyard in Penang.
  • The development features 239 units in a low-density, gated community and has attracted significant buyer interest.
  • The sales gallery opens on Feb 18, with a roadshow at Gurney Plaza from Feb 14 to March 1.
Read More
KIP REIT reopens upgraded KIPMall Tampoi after asset enhancement

KIP REIT reopens upgraded KIPMall Tampoi after asset enhancement

news

Updated:
  • KIP Real Estate Investment Trust has reopened KIPMall Tampoi after a comprehensive asset enhancement initiative.
  • The upgrades include a farmer-market-style fresh market and new tenants like The Chicken Rice Shop and ZUS Coffee.
  • Sustainability features were added, aligning with GreenRE Gold certification to enhance long-term value and community engagement.
Read More
Govt disbursed over RM9 bil to date for Pan Borneo Sabah Phase 1A — works minister

Govt disbursed over RM9 bil to date for Pan Borneo Sabah Phase 1A — works minister

news

Updated:
  • The government has allocated RM9.2 billion for Phase 1A of the Pan Borneo Highway, now 86.98% complete.
  • Phase 1B started in 2024 and is currently 13.68% finished, with delays in Sabah due to more work packages.
  • The East Coast Expressway 3 project is proposed at RM9.8 billion, to be funded through a public-private partnership.
Read More
Rahim & Co partners UK’s Chestertons Global to deepen international reach

Rahim & Co partners UK’s Chestertons Global to deepen international reach

news

Updated:
  • Rahim & Co has partnered with Chestertons Global to enhance cross-border real estate advisory.
  • This collaboration aims to merge local insights with global strategies for better client solutions.
  • Both firms will leverage their strengths to attract international investors to Malaysia's growing market.
Read More
MCorp, Teladan Group jointly launch Phase 1 of German Technology Park in Melaka

MCorp, Teladan Group jointly launch Phase 1 of German Technology Park in Melaka

news

Updated:
  • Melaka Corporation and Teladan Group launched Phase 1 of the 418.63-acre German Technology Park in Jasin.
  • The first managed industrial park in Melaka includes 45 terraced factories and 64 semi-detached factories.
  • Melaka aims to attract RM10 billion in investments by 2030, focusing on German-linked technology and industries.
Read More
High cost derails Putrajaya's proposed trackless tram system

High cost derails Putrajaya's proposed trackless tram system

news

Updated:
  • Putrajaya Corporation has halted the Automated Rapid Transit (ART) project due to financial unviability.
  • The estimated cost of RM211.95 million exceeded PPj's budget capacity, leading to this decision.
  • PPj is exploring alternative transport solutions and partnerships to address traffic congestion in the area.
Read More
Wait for university study before deciding on KL mayoral polls, says Nga

Wait for university study before deciding on KL mayoral polls, says Nga

news

Updated:
  • Housing Minister Nga Kor Ming urged patience for the IIUM study on Kuala Lumpur's mayoral elections.
  • He emphasised the importance of expert assessments before presenting findings to the Cabinet.
  • Nga also highlighted historical context and the need for performance over identity in leadership roles.
Read More
EPF lifts stake in IJM to 20.4%

EPF lifts stake in IJM to 20.4%

news

Updated:
  • The Employees Provident Fund has increased its stake in IJM Corporation to 20.4%, becoming the largest shareholder.
  • No transaction price was disclosed, but EPF is estimated to have spent around RM11.11 million on that day base
  • The company denies claims of financial fraud and is cooperating with authorities during the ongoing probe.
Read More
Bites