The federal government's Projek Rumah 1Malaysia (1Malaysia Housing Project) or PR1MA in Penang may see the take over of projects by other developers, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said today.

Its managing director of international operations – Asia, Olivier Berrivin, said the new Vīb hotel will open in 2018. It is located in the centre of Vientiane, close to Lao National Museum, Black Stupa and Patuxai Arch.

Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.

1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.8 million contract to build infrastructure and roadway works for the Tun Razak Exchange (TRX).

Chief Minister Incorporated (CMI) signed a Management Collaboration Agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.

Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.

In a joint statement today, the Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) said these companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, Asia-Pacific, Europe, the Middle East and North America.

Upon completion of the proposed disposal, Vintage Heights is expected to realise a net gain on disposal of approximately RM290 million. About RM116 million is expected to be attributable to Guocoland.

Company has land bank in Negeri Sembilan, Penang and in Kedah where it hopes to build a township.

Property developers hope the developer interest bearing scheme (Dibs) will make a comeback in Budget 2016, a controversial property financing scheme that was banned in 2014 as part of the government's cooling measures.