Plaza Rakyat owners to get compensation from Profit Consortium
Profit Consortium is a privately held company linked to Major (R) Anuar Adam, who controls Tadmax Corp Bhd.
MRCB to see more potential contract wins in 2016
MRCB’s order book growth story remains intact with more potential contract wins in 2016.
EPF mulls disposing of UK property
According to a PropertyWeek.com report dated June 12, the EPF is said to be offering £155 million (RM1.02 billion) for the luxury business park, which currently houses the European headquarters of US telecommunications company Verizon UK Ltd.
Vivekananda Ashram’s heritage status greeted with relief, hope for future
The government had previously wished to gazette the 110-year-old building as a heritage site, but the proposal was twice rejected by the ashram’s board of trustees.
Lonely Planet: George Town is fourth most charismatic city globally
Publisher said the city has a compelling outdoor gallery of funky street art, such as the famed murals by Ernest Zacharevic and quirky cartoon-like sculptures; as well as versatile art spaces for avant garde art, film, music and dance.
Orang Asli in Negeri Sembilan have homes but no water, electricity
According to Persatuan Pembangunan Masyarakat NegEri Sembilan chairman Mohd Aryan Kailash, the state government built 15 PPRT houses for the Semelai tribe in the village more than a year ago.
China firm bags RM2.32 bil STP2 job
E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of award to China Communications Construction Co Ltd’s Malaysian unit China Communications Construction Co (M) Sdn Bhd to undertake the proposed project.
Two major property players expanding landbank
The slowdown in the real estate market does not seem to have deterred property-related companies from buying more land. This could be due to the belief that as land is scarce, they should move fast if an opportunity arises.
PROPERTY SNAPSHOT 4: What’s hot in Selayang, Selangor?
With many new developments coming up, the Selayang secondary market for non-landed homes has soared.
Malaysians No 3 Asian real estate investors in UK, Australia, says report
Knight Frank executive director James Buckley was quoted as saying that Malaysian real estate investments abroad had been “incredibly active” over the last five years, but was expected to slow down as a result of the weak ringgit.
