News by Priya Devan

LBS Bina Group Bhd (KL:LBS) officially launched its latest 315-acre township development named Rimbawan in Genting Highlands, Pahang on Tuesday (Oct 15). The township has a gross development value (GDV) of RM9.5 billion.

The Selangor state government will exempt property developers from development charges for projects of several affordable housing schemes, including Rumah Idaman and Rumah Selangorku Harapan, effective January next year, according to Selangor state housing and culture exco Datuk Borhan Aman Shah.

“In Malaysia, about two-thirds of country's infrastructure right now is almost 15 to 20 years old and it does not meet the current building codes energy efficiency requirements or for that matter safety requirements."

Rehda Institute unveiled the third edition of its Strata Management Handbook titled Comprehensive Guide to Strata Living in Malaysia, highlighting sustainability, with sustainable real estate insights from GreenRE Sdn Bhd. The first two editions were published in 2018 and 2019 respectively.

Spread across a 3.47-acre tract, the TOD project will be situated 20m away from the under-construction Dato Menteri LRT station, which is part of the ongoing LRT 3 project.

Sime Darby Property Bhd (KL:SIMEPROP) has launched its Perfect 10 Sales Campaign, which will run till Oct 31, featuring properties from 10 locations within the developer’s townships.

Johor-based KSW Group's The Commune Lifestyle Mall, located in Kulai, Johor, opened its doors to the public through an opening ceremony on Tuesday (Sept 10), according to a press statement issued on the same day.

Marriott International Inc revealed its plans to open 20 hotels across Malaysia in the next five to 10 years during a roundtable media discussion on Tuesday at W Kuala Lumpur.

Marriott International Inc officially opened the Penang Marriott Complex along Gurney Drive in George Town, Penang, on Sunday.

IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken up since then.