News by EdgeProp.my

Named Blue & William, the building is located at the prime intersection of 2-4 Blue Street and 1-5 William Street and is 160 metres away from the North Sydney train station.

Currently most of the cloud kitchen operators are in the Klang Valley, consultant seeing the operators are planning to expand into other cities like Johor Bahru and Penang.

In line with our new direction, we will be stopping the EdgeProp Malaysia’s weekly – you are now reading its final edition. Rest assured however, that in the days ahead, our portal – www.edgeprop.my – will be an even more compelling destination for everything property, one that anyone who has an interest in real estate could not afford to ignore.

According to the findings by Knight Frank Malaysia, the rental of workers’ accommodation could be as low as RM155 per bed a month, up to RM300 per bed a month, depending on the service packages (including utilities, transportation, food caterings and periodic health screenings), location of PBWA and adherence to local or international standards.

Since the amendment of Act 446 came under en­forcement last year, there is a surge of demand on workers’ dormitories that fit the requirements. However, the main problem is there is not enough supply to meet the demand as the busi­ness owners did not expect the Act to be enforced on such short notice.

Selling it was always an easier option than restoring the building. But bringing back the beauty of the building and leaving a part of history for Penangites and our children was a quest worth going into. We wanted to bring back the former glory of this stately build­ing,” said Datuk Ooi Sian Hian.

Noteworthy:

• Built-up: 10,000 sq ft
• Land area: 1,280 sq m (around 13,778 sq ft)
• Freehold
• Partially furnished
• 5 bedrooms; 9 bathrooms
• Unique individual design

When: Sept 2021

In April, the World Health Organisation (WHO) updated its Q&A page on how aerosols can lead to long-range transmission of Covid-19 in poorly ventilated areas.

Noteworthy: 

• Built-up: 311,736 sq ft

• Land size: 13 acres

• Comes with 38 loadings with hydraulic dock levellers 

• Equipped with fire fighting and lightning protection systems

When: June 2021

In the first nine months of FY2021, S P Setia achieved a year-on-year (y-o-y) higher revenue of RM2.73 billion and profit before tax of RM353.7 million, mainly driven by progressive revenue recognition from the strong take-up rates achieved.