News by M

The sale of KWAP’s 18-storey office building at 88 Wood Street, for which it paid £215 million in 2013, is under way, and comes as Malaysia struggles with plunging oil prices and a battered ringgit, the financial daily says.

State infrastructure exco Zaidy Abdul Talib said this was to ensure that the state had maximum accessibility, fewer traffic jams and more alternative routes.

This was because even though PKNP’s affordable housing units in D'Aman Residensi and Casa Kayangan in Meru Raya, priced between RM150,000 and RM299,000 each, were fully booked when they were launched in May last year, some applicants had to cancel because they were unable to secure housing loans.

While new developments are increasingly more upmarket, the secondary market in Johor Bahru is still concentrated in the mass-market segment.

The pilot project for Komtar by PDC Setia Urus, which manages the building, is part of a larger effort to get Penang ready for the green practice that will be enforced statewide on June 1.

Subang Jaya assemblyman Hannah Yeoh said the Subang Jaya Municipal Council (MPSJ) had taken over the management of the complex when the contract with a third party expired last year.

Security guards were stationed at the security booth for the first two years after the residents moved in. However, their services were stopped after that and since then, there had been break-ins and car thefts at the apartments.

Local stakeholders are expecting the Singapore to Johor Bahru Rapid Transit System (RTS) and the High Speed Rail (HSR) to Kuala Lumpur to be future catalysts

Quick fixes and easy-to-execute ideas for this Chinese New Year.

These new launches will be within its existing township developments of Bandar Darulaman in Jitra, Darulaman Perdana in Sungai Petani and Darulaman Utama in Kuala Ketil, which are all located in Kedah.