News by BERNAMA

Senai Airport City (SAC) has attracted about 160 investors, with total committed investments nearing RM8 billion.

The investment bank said property sales are generally stronger, which should underpin earnings growth going forward.

Berjaya Land Bhd’s (BLand) wholly-owned subsidiary, Berjaya Greenland Invest A/S has inked a Memorandum of Understanding (MoU) with SIBS Sdn Bhd to deliver efficient, climate-resilient homes through modular housing in Greenland.

OCBC Bank (Malaysia) Bhd has extended RM351 million in financing to See Hong Chen Group and EXSIM, to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ).

Residential properties sold under the Housing Development Act (HDA) will be exempted from the update sales and services tax (SST), following concerns from the construction industry over rising costs.

The National Institute of Occupational Safety and Health (Niosh) has urged for improved safety measures at construction sites following the discovery of a British traveller’s body at a site in Bangsar recently.

The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.

The Perak government will submit a proposal to the federal government to upgrade the East-West Highway (JRTB) linking Gerik and Jeli, said Menteri Besar Datuk Seri Saarani Mohamad.

PLUS Malaysia Bhd and Yinson GreenTech will collaborate to develop and operate integrated retail and electric vehicle (EV) charging hubs at selected locations along the North-South Expressway, with the first hub at the Seremban southbound rest and service area (R&R) expected to be ready by 2027.

Young people in Germany tend to move out of their parents' home early compared to other European Union (EU) countries, although men take longer to leave the nest, German Press Agency (dpa) reported.