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Developers facing difficulties complying with SMA/SMR

Developers are finding it difficult to comply with the requirement under the country’s stata management laws to submit the number of share units in a development when submitting their strata plans to the authorities.

LRT3 award building momentum

Impending contracts for the project expected to benefit both small and large contractors, says analyst.

Sunway sells hotel property to Sunway REIT

Sunway said its wholly-owned subsidiary, Sunway Forum Hotel Sdn Bhd, will receive RM340 million for the property, which comprises the Sunway Clio Hotel, a three-storey retail space and a multistorey car park.