Genting sues Miami authorities over slots refusal
The Genting group has filed a lawsuit against authorities in the southern US state of Florida, in an apparent last-ditch effort to force the state to allow card games and slots at its Resort World Omni Center in downtown Miami, the Miami Herald reported.
RM4.2 bil worth of MRT2 contracts awarded
Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded four work package contracts for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) line (MRT2), with a combined value of RM4.2 billion.
CIDB: Public projects worth RM50m and above to adopt MyCREST
The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.
Paramount’s 1Q earnings tumble 58.21% on lower property sales
The company’s education division, on the other hand, recorded a 67% jump in PBT to RM10.2 million from last year, on higher student enrolment and a RM2.3 million gain from the sale of student accommodation apartments, after KDU University College moved to its new campus in Glenmarie, Shah Alam.
PROPERTY SNAPSHOT 4: What’s hot in Cheras?
The rental market in Cheras is driven by its proximity to Kuala Lumpur City Centre.
PROPERTY SNAPSHOT 3: What are developments priced in Cheras?
Up until recently, the property market in Cheras has consisted predominantly of mature, middle-class condominiums and apartments.
Kerjaya Prospek to bag contract worth RM300 mil from BCB
It is understood that the project is related to BCB’s Elysia Park Residence, which is located in Medini, Nusajaya.
PROPERTY SNAPSHOT 2: What’s affordable in Cheras?
The most expensive project was Vistaria Residensi with an average transacted price of about RM699,000 per unit.
