News by M

In a joint statement, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar and Singapore’s Coordinating Minister for Infrastructure and Transport Khaw Boon Wan said it is imperative that the governments are “properly informed” of industry views.

The surge of new developments has buoyed the Seri Kembangan secondary market.

The award is for the proposed earthworks under Phase 1 of the Lifestyle Quarter of the Tun Razak Exchange mixed development. The scope of works consists of earthworks, rock probing and grouting works.

Overall, the average distribution per unit (DPU) for six REIT stocks under our coverage grew by 4.7% y-o-y.

It is worth noting that properties in some areas have not seen growth in value for at least two consecutive quarters.

The landscape in Seri Kembangan is fairly diverse, with most of the high-rises catering for the middle to lower-middle segment.

George Town World Heritage Incorporated (GTWHI) has developed an integrated heritage database system (IHDS) using smart mapping technology – also known as geographic information system (GIS) technology – from geospatial solutions provider Esri Malaysia.

In a filing with Bursa Malaysia, Minetech said it signed a conditional sale and purchase agreement yesterday with Glamour Heights Sdn Bhd to buy a 7,924 sq m parcel of vacant residential land in Kinta, Perak, for RM6 million cash.

In terms of YTD new contracts, Kimlun has clinched RM554 million worth of new contracts, which is on track with our full-year new contracts assumption of RM700 million.

Feringghi Residence is a freehold development that comprises low-rise condo villas and high-rise resort condos on 61 acres (24.68ha) of elevated land in Batu Feringghi. The gated development is to be developed in three phases. The parcel of land was bought in 2010, and is strategically located along the famed Batu Feringghi tourist belt and 1km away from Hard Rock Hotel Penang.