News by Lum Ka Kay

The annual Malaysian Institute of Estate Agents (MIEA) National Real Estate Awards (NREA) saw more than 20 top real estate agents and negotiators in the country receive awards at the awards gala dinner held at Sime Darby Convention Centre in Kuala Lumpur tonight.

KLCC Kampar is located next to Tunku Abdul Rahman University College and is a stone’s throw away from Universiti Tunku Abdul Rahman.

The managing director of WCT Holdings Bhd, Taing Kim Hwa, was named CEO of the Year at the Malaysian Construction Industry Excellence Awards (MCIEA) 2016 organised by the Construction Industry Development Board Malaysia (CIDB).

One of the largest global independent corporate services providers, Vistra Group, has established its first Business Process Outsourcing (BPO) Centre of Excellence (COE) in Iskandar Puteri, Johor Bahru to support its operations in Singapore and Southeast Asia, the group said in a statement today.

“We want to provide a platform for bumiputeras who are looking to own a home. Here, they will find the bumi units that are offered by developers.”

Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, has won the Industrialised Building System (IBS) Special Award for its construction of Seri Jati affordable apartments in Setia Alam.

Cheras is typically seen as an “old” area and not as exciting as Kuala Lumpur City Centre or Petaling Jaya (PJ), however, several key growth catalysts are about to change that perception.

The developer of the 151-acre Kota Seriemas Golf and Country Club (KSGCC) in the Kota Seriemas township in Nilai, PNB Development Sdn Bhd (PNBD) sees the value of properties in Nilai rising.

The 365-room hotel will be part of the anticipated integrated destination resort, Desaru Coast that will encompass entertainment, restaurants, shopping, a waterpark and a 45-hole golf course, among other leisure offerings.

According to the Knight Frank’s Skyscraper Index, Hong Kong continues to tower above the rest of the global cities, costing tenants over US$278.50 (RM1,151.30) psf annually while Kuala Lumpur’s skyscrapers are one of the cheapest, with an average rental of US$34.16 psf annually.