Raja Nazirin Shah Raja Mohamad has been appointed as the chief executive officer of Al-`Aqar Healthcare REIT and Al-Salam Real Estate Investment Trust (REIT) effective from Wednesday (Jan 11).
The Kuala Lumpur Architecture Festival (KLAF) 2023 was officially launched on Monday (Jan 9) to kick off its diverse calendar of more than 100 programmes spread throughout the year.
Nestcon said the 41-month contract was awarded by Armada Istimewa Sdn Bhd for undertaking the construction and completion of earthworks, piling and pile caps, retaining wall, substructure, main building works and infrastructure works for the project.
Both the first and second phases of The Nobel Healthcare Park have a total gross development value (GDV) of RM250 million.
Tex Cycle Technology (M) Bhd has proposed to dispose of two detached factories in Puchong for RM19 million, noting that they have increased in value since their acquisition in 2004.
RDC Arkitek is the architect appointed by Austin Senibong Development Sdn Bhd for the construction of 77 units of three-storey shop offices at Bandar Jaya Putra in Tebrau district.
The new CEO, Rosmin Mohamed, was previously employed by the group's substantial shareholder Sime Darby Property Bhd.
The project was previously delayed as GDB suspended work due to payment issues.
The property consultant firm reckons that the residential property market is expected to face some headwinds and challenging conditions in 2023.
Radium said that since 2013, it has delivered high-rise residential projects worth RM1.49 billion in GDV, all strategically located within Kuala Lumpur.
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