L&G's managing director Low Gay Teck said there will be a definite impact on imported items, commodity and construction items quoted in US dollars for new projects, but current projects are unaffected.

Occupying levels 11 to 22 of the 30-storey Causeway Regency residence tower, it will offer a host of conveniences and amenities, on top of great location in the heart of the city.

Chief operating officer Stewart Tee said Symphony Life was holding back RM2 billion worth of real estate launches in the Klang Valley to focus on existing projects, in view of the current market. Tee said many existing projects were at the foundation stage.

Matrix Concepts announced in April that it was acquiring the 5.8-acre land from IRDK Ventures Sdn Bhd for RM95 million. The deal was initially scheduled to be completed within three months of the announcement.

A design that addresses the growing concern about rising river levels and that encourages hydroelectric power generation has won this year's PAM-Tan Sri Chan Sau Lai Architecture Award.

Lee, who has 32 years of experience in property development, founded Matrix Concepts in 1997. Since then, he has steered and led the group for 18 years.

The Media Shoppe Bhd, via its wholly-owned subsidiary Exonion Sdn Bhd (ESB), has entered into a managing contract agreement with Johor-based property developer, Total Merit Sdn Bhd for RM192 million to develop the land.

 A group called Say Yes to DASH, comprising residents from Shah Alam, is supported by the project proponent of DASH-Prolintas.

In a filing with Bursa Malaysia yesterday (Sept 7), it was revealed that OSK only held 89.36% of PJD at the close of the offer yesterday.

The project owner, Prasarana Malaysia Bhd targets to complete the pre-qualification of contractors by December this year and commence construction work in early 2016. The project is due for completion in Aug 31, 2020.