Master Builders Association Malaysia (MBAM) president Matthew Tee, however, said that the situation could change if the ringgit continued its downward slide against the US dollar.

Growth in the property segment was largely driven by strong sales from The Garden Residences in Taman Mutiara, Skudai, Johor in addition to stable demand for other developments in Pasir Gudang, Kulai, Senai and Melaka.

We understand that Tambun Indah Land has secured advertising permits and developer licences (APDL) for Raintree Park 2 and Avenue Garden early this month, after delays of more than half a year.

Although Komtar will be launched on a single date, the various components are still targeted to be completed in two phases.

Ampang is one of Kuala Lumpur’s most elite neighbourhoods and embassy enclaves and its strata market aims high

He was door-to-door salesman, construction worker, personal trainer and now, real estate negotiator.

WCT Holdings Bhd has clinched a third contract from PRPC Utilities and Facilities Sdn Bhd, a unit of Petroliam Nasional Bhd, for utilities interconnecting and off-site facilities.

Its property development division will play a prominent role in its future plans. Undoubtedly, contributions from this segment could potentially fill the gap left by the loss of its passport project.

Officially launched on Nov 4, the hotel, which comes under the St Giles Premier Hotel banner, was developed and is operated by Tank Stream Holdings, a subsidiary of IGB Corp.