In Depth

E&O to appoint STP2 reclamation works contractor soon

E&O is expected to announce soon the appointment of its Seri Tanjung Pinang phase two (STP2) reclamation contractor involving 384 acres (155.4ha) of reclamation (including 131 acres of the Gurney Drive foreshore for state government) though it has been delayed for a year.

PROPERTY SNAPSHOT 2: What’s affordable in Ampang?

East of Kuala Lumpur city, the Ampang municipality of Selangor is one of the Klang Valley’s oldest ’hoods . Many low-cost flats dot its housing estates while upmarket residences converge around Kelab Darul Ehsan golf course and along Jalan Ampang.

Sungei Wang Plaza to remain a laggard for CMMT

The gross revenue improved mainly due to the completion of the acquisition exercise of Tropicana City Mall and Office Tower, as well as higher rental at East Coast Mall following an asset enhancement exercise.

PROPERTY SNAPSHOT 1: A lull for Ampang property

Based on theedgeproperty.com’s analysis of transactions, both prices and transaction volumes of non-landed residences in Ampang, Selangor have softened in 2014 since hitting their peak in 4Q2013.

Sunway Construction eyes order book replenishment of RM2 bil a year

Sunway Construction Group is the largest pure play integrated construction company listed on Bursa. SCG has extensive experience in handling public and private infrastructure jobs, including railway jobs such as the Light Rail Transit and the Mass Rapid Transit systems.