News by M

Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.

Econpile Holdings Bhd, along with its JV partner China Communications Construction Co (M) Sdn Bhd, has won contract to undertake foundation, substructures and other ancillary works for Package SUKE-CA3.

Rafizi has been vocal towards the issues surrounding the MRT project, which he claimed would reach more than RM100 billion upon completion.

Going forward, Selangor Properties expects operations in Malaysia and Australia to remain positive in 2017.

Mitrajaya said in its filing to Bursa Malaysia yesterday that the award was given to its wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd.

Mitrajaya Holdings Bhd has bagged a RM183.44 million contract from concessionaire West Coast Expressway Sdn Bhd to build Section 2 of the West Coast Expressway (WCE) from the South Klang Valley Expressway interchange to the Shah Alam Expressway interchange.

The Terengganu state government, via the Drainage and Irrigation Department (DID), has taken measures to improve the water flow in flood-prone areas to alleviate flooding.

Iris Corp Bhd co-founder, group managing director and chief executive officer Datuk Tan Say Jim has sold a substantial stake in the group, triggering talks of changes at the top.

To take the path less trodden is no easy feat. But with new beginnings come opportunities for progress and advancement, especially when we speak of the real estate landscape. In this issue, we look at several existing developments around the Klang Valley — with the exception of Resorts World Genting — that are, if not the first of their kind, considered some of the earliest typologies by our industry experts.

This year in property — 10 most talked about topics in 2016.