“We are currently reconfiguring the sizes of the units and cutting the space down as some buyers are having difficulty in obtaining bank loans. If the sizes are smaller, this will help the buyers to secure a bank loan more easily. There will be a total of 880 units of condos and we will launch half of them first early next year,” he told TheEdgeProperty.com in an interview.

Following the recent signing of the Memorandum of Understanding (MoU) on the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) by both the Malaysian and Singaporean governments, MyHSR Corp Sdn Bhd (MyHSR) has selected CH2M as its technical advisor for the landmark cross-border project.  

DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of S$2.23 (RM6.69), from S$2.20 previously.

The pilgrimage fund sees long-term value in the piece of land.

KKB said the contract is for the development and upgrading of the portions between Sungai Arip Bridge to Bintulu Airport under the proposed Pan Borneo Highway project.

“We think this is the next major infrastructure project that will generate enhanced stimulus and growth effects via improved transportation and connectivity between the two countries.”

The award is for Phase 1 of the construction of roads and bridges from Sg Awik to Bintangor Junction in Sarawak.

Public Bank said the BR would be lowered to 3.52% while the BLR will be at 6.72%.

Long-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.

The Malaysian Institute of Architects (PAM) has launched its Architecture Exhibition in conjunction with the Kuala Lumpur Architecture Festival 2016 (KLAF 2016) and the soft launch of the new PAM centre at Jalan Tandok.