News by M

MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.

Sime Darby Bhd said last Friday that the results of the UK’s referendum to exit the European Union (EU) will not impact the viability of the Battersea Power Station project.

Banks have greater leniency towards individuals with problems servicing mortgages — analyst.

If you juxtapose Hong Kong’s initiatives with what is happening in Malaysia, you will see shortcomings that aggravate the dire consequences of the labour shortage, which include hasty policy changes such as the freeze on the intake of foreign labour four months ago.

This week, the spotlight falls on the secondary market of non-landed residences in Taman Desa, Kuala Lumpur. Originally developed in the 1970s, Taman Desa is now a mature and well-established neighbourhood. The area is known as the home of Desa Waterpark, Taman Desa Medical Centre as well as numerous upmarket dining spots.

Eco World International Bhd (EWI) sees a “silver lining” for savvy investors in the UK referendum’s surprising “Leave” outcome.

The events, “Women Into Construction” and “Open Doors”, promote the wide variety of construction jobs involved in creating the first mixed-use phase at the Battersea Power Station in London.

Rental yields in Puchong are decent, with the average indicative rental yield at about 4.4%.

While Puchong is now an established neighbourhood, prices generally remain lower than those in Petaling Jaya.

The campaign culminated in a lucky draw that saw 28 winners walk away with luxurious all-expenses paid trips to watch the UEFA Euro 2016 quarter finals, semi finals and final matches in France, as well as a grand prize winner who drove away with a Jaguar XF sedan worth RM400,000.