News by EdgeProp

The construction sector is expected to expand 8.7% in 2016 compared with 8.2% last year, said the Ministry of Finance in its 2016/2017 Economic Report

Developer Emperor International Holdings is planning to launch a project where each unit measures 61.4 sq ft, according to filings with Hong Kong’s Building Department…

Backed by solid outstanding construction orderbook and unbilled property sales

Besides residential units, it will also have commercial shop spaces and various amenities. The first phase will be launched in the first quarter of 2017.

"This is to help those who work in hotels, restaurants and all services industry in Kuala Lumpur where they can afford to rent a room even if their salary is low.”

The developer could pursue a dual listing in Malaysia and Hong Kong or Singapore as it seeks to monetise some of its assets valued at more than RM30 billion, said Lim Kang Hoo, executive vice-chairman of Iskandar Waterfront.

"The state government will sit down with Rehda to find out what development aspects that could be exempted which can indirectly cut construction costs.”

Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state authorities are very strict in their selection process for affordable houses.

While he is no architect, Ee Soon Wei is no stranger to the practice of adaptive reuse. In 2012, the 36-year-old spearheaded the transformation of The Royal Press, his family’s printing press business in Melaka, in a bid to preserve the family legacy and revive the dying art of the letterpress.

Standing at the corner of Leith Street in George Town, Penang is the iconic indigo blue-walled Cheong Fatt Tze Blue Mansion.