On Wednesday, MRCB announced that it had bagged two contracts to upgrade facilities at the National Sports Complex in Bukit Jalil here for RM1.6 billion and  to develop a commercial project named Kwasa Utama in the Kwasa Damansara township here for RM3.1 billion.

Kuala Lumpur has been named one of the world’s top five cities to watch because of its plans for public transport, said international property firm Knight Frank in its Global Cities report.

“We expect next year to be quite slow, and quite similar to this year, because not much has been done to assist the market right now,” says TPE Realty principal Chong Ngee Teng. 

Scott SOHO is one of the most sought after developments along Old Klang Road. According to the agent, Janet Chong of Hartamas Real Estate, the asking price for the duplex unit actually went up to RM520,000 last year.

The government had previously wished to gazette the 110-year-old building as a heritage site, but the proposal was twice rejected by the ashram’s board of trustees.

Publisher said the city has a compelling outdoor gallery of funky street art, such as the famed murals by Ernest Zacharevic and quirky cartoon-like sculptures; as well as versatile art spaces for avant garde art, film, music and dance.

According to Persatuan Pembangunan Masyarakat NegEri Sembilan chairman Mohd Aryan Kailash, the state government built 15 PPRT houses for the Semelai tribe in the village more than a year ago.

The Plaza Rakyat project has been abandoned since 1997 due to the financial crisis and financial problems faced by developer Plaza Rakyat Sdn Bhd.

The affordable homes in areas such as Alam Damai, Bukit Bintang, Brickfields and Bukit Jalil are seeing an oversubscription rate of between five and forty times against the available units.

E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of award to China Communications Construction Co Ltd’s Malaysian unit China Communications Construction Co (M) Sdn Bhd to undertake the proposed project.