News by Edgeprop.my

Foreign Minister Saifuddin Abdullah: "We know it is going to be tough”

“Homeownership plays a key role in ensuring the well-being of the nation, both socially and economically.”

Executive Director of Planning Department at Kuala Lumpur City Hall (DBKL) Nurazizi Mokhtar: Housing is always a major challenge for many cities around the world. 

If it happens, the deal would make the new entity one of the largest property developers by landbank in Malaysia with 7,284ha and a GDV of RM190 billion.

Shareholders sued the bank for unspecified damages in December, accusing it of misleading them about the firm’s work with 1MDB, for which the bank arranged US$6.5 billion (RM27.17 billion) in bond sales.

Sunway Property managing director Sarena Cheah said the proposed freehold, close-to-transit, development will match the current demand, especially for upper-middle income millennials who have flocked to Bukit Jalil in search of a greener environment, great accessibility and great amenities close to the city centre.

Mohd Salem Kailany has 25 years of experience in the property development industry.

"It is an ideal situation for them [office space owners] especially for the offices located in mature economic clusters, like Kuala Lumpur City Centre (KLCC), Bangsar South and the upcoming Tun Razak Exchange (TRX).”

Khoo said Chow was being misleading by treating the rejection of the earlier EIA submission as waiting for approval.

Khalid: The issue of homes for the middle class has not been fully addressed.