Sime Darby seeks buyer for Melaka hotel
It is learnt that several interested parties have viewed the 18-year-old, 496-room hotel, which is located in Bandar Hilir Melaka, not far from the popular historical sites of A’Famosa and The Stadthuys.
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Opportunity to fill Abu Dhabi ‘affordable housing' gap, says Cluttons
“New planned legislation around fixed quotas for ‘affordable homes’ may help to ease access to the property market; however” more details are yet to be confirmed,” said Cluttons in report.
Spring Gallery tapping into Terengganu’s property market for future growth
Previously known as PFCE Bhd, the group had on Nov 12, 2015 received its second managing contractor agreement worth some RM147 million for the development of a three-storey shopping complex and a 12-storey three star hotel in Kemaman district, Terengganu.
Komuter service to be rerouted during 6-month trial
A statement on KTM Bhd (KTMB) website said one of the new routes is from Tanjung Malim/Rawang to Port Klang. Currently, the train goes to Seremban. The other is from Batu Caves to Seremban/Gemas, instead of to Port Klang.
Mambang Di Awan farmers want land, not houses
Spokesman for the farmers Steven Kong said the developer’s solution to offer housing lots in the site earmarked for development was not suitable for the farmers.
Kulim acquires land from Johor Corp for RM17.93m
The acquisition will result in savings on monthly rental payable to Johor Corp and to accrue benefits to Kulim, in anticipation of the appreciation of value in the future, as the property still carries a 45-year unexpired lease period.
Much of Penang TMP riding on results of due process, says Gamuda chief
Gamuda holds 60% in SRS Consortium, which was appointed as the Project Delivery Partner for the plan, along with Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, which each hold a 20% stake in the consortium.
E&O subsidiary secures RM1.084 bil loan for Penang's STP2 reclamation project
“With the funding in place for STP2, one of the key aspects to operationalise the project has been successfully addressed,” E&O managing director Datuk Seri Terry Tham Ka Hon said today.
Second Jet Set with Setia first prize winner enjoys London
The other winners of the second draw embarked on their trips to Melbourne, Australia; Nanning, China; Ho Chi Minh City, Vietnam; Singapore, and Langkawi.
1MDB close to finalising sale of Bandar Malaysia, says report
Singapore's The Straits Times reported that the China-backed consortium led by Malaysia's Iskandar Waterfront Holdings (IWH), which is controlled by the property tychoon Tan Sri Lim Kang Hoo, is the frontrunner for the stake of more than RM11 billion.
