Latest

Sunway unit bags RM257.97m job

KUALA LUMPUR: Sunway Holdings Bhd's unit Sunway Construction Sdn Bhd (SunCon) has accepted the letter of award (LoA) for a contract worth RM257.97 million from IDR Assets Sdn Bhd.

Fajarbaru Builder gets letter of acceptance for RM62.66m LRT contract

KUALA LUMPUR: Fajarbaru Builder Group Bhd's unit has received the letter of acceptance from the Bina Puri Holdings Bhd-TIM Sekata joint venture for part of the Light Rail Transit (LRT) extension project.

Fajarbaru said on Friday, March 4 its unit Fajarbaru Builder Sdn Bhd was appointed by Syarikat Prasarana Negara Bhd as the nominated sub-contractor to the joint venture.

Mutiara Goodyear to launch next phase of Nadayu 92, Kajang

KUALA LUMPUR: Following the success of Phase 1 of Nadayu 92 in Kajang, its developer Mutiara Goodyear Development Bhd will be launching the next phase of the lifestyle homes.

Encouraged by the strong response to phase one which was sold out within a day, Mutiara is offering another four units of luxury bungalows and 24 units of semi-detached homes for sale.

UEM Group remains committed in India

KUALA LUMPUR: UEM Group Bhd will remain committed in India and invest in the country's infrastructure projects particularly expressways as well as provide construction, technical and consultancy services.

Land acquisition dilemma

KUALA LUMPUR: It was a hot Sunday afternoon when a group of Taman Tun Dr Ismail (TTDI) residents met for lunch in a newly painted terrace house facing a busy highway.

Gramong ready to spar with PKR, PCM over NCR land issue

KANOWIT: Native Customary Rights (NCR) land has been an evergreen issue in rural constituencies during Sarawak's state elections. This coming 10th state election, there are indications it will be more pronounced.

NCR land is set to become the "mother" of all issues when candidates romance the rural voters.

New Act to improve cash flow in construction sector

KUALA LUMPUR: The Construction Industry Development Board (CIDB) is certain that the proposed Construction Industry Payment and Adjudication Act (CIPAA) will promote cash flow efficiency and planning prudence for the construction and property sectors.

MPI achieves RM41.7m sales

KUALA LUMPUR: Malaysia Property Inc (MPI) recorded an encouraging first quarter at its sales gallery in Singapore with RM41.7 million worth of properties transacted between October and December last year, said its CEO Kumar Tharmalingam.October and November saw a combined sales of RM21 million while December recorded sales of RM20.7 million.

Record foreign buyers for London properties

KUALA LUMPUR: A record 61 nationalities bought property in London in the 12 months to end-February, according to Knight Frank’s Prime Central London Index for February 2011.Knight Frank LLP Residential Research head Liam Bailey said Spanish buyers accounted for the highest sales volume with a 340% growth in the past 12 months to February 2011, followed by buyers from Uzbekistan with an increase

More developers keen on green

PETALING JAYA: The submissions of projects for Green Building Index (GBI) certification have jumped substantially in the last six months, indicating the rising interest among developers to build green. “From August 2010 until February, we received about 60 new registrations, bringing the total to about 150 projects.