KUALA LUMPUR: Syarikat Prasarana Negara Bhd has received the government’s nod to operate the mass rapid transit (MRT) Sungai Buloh-Kajang Line, which is slated to be operational by the end of 2016.

MK Land Holdings Bhd
(June 13, 47.5 sen)

NIBONG TEBAL: The Penang government should not feel threatened over a plan by the Kedah government to build an international airport in Kulim, said Penang Umno liaison chief Datuk Zainal Abidin Osman.

He said the proposed airport would not only benefit Kedah but also positively impact three districts in Penang and northern Perak.

PETALING JAYA: The DAP has challenged Putrajaya to disclose any existing traffic impact assessment report that proves that the proposed Kinrara-Damansara Expressway (Kidex) will successfully reduce the overall traffic in Petaling Jaya and Puchong by 20% to 30%.

KUALA LUMPUR: Bina Puri Holdings Bhd is close to clinching a deal worth close to RM300 million from Brunei’s Ministry of Development to build some 1,000 units of affordable houses in Kampung Lugu, Brunei, said a source close to the matter.

KUALA LUMPUR: China developer Country Garden Holdings aims to list its local unit on Bursa Malaysia and views the increased competition in the Iskandar Malaysia property sector as healthy, as this “would raise the living standards of Malaysians”.

THE wholesale mall concept is not particularly new to the Malaysian market for there is Nilai 3 Wholesale Centre in Nilai and Kenanga Wholesale City in Kuala Lumpur. Plus, there is a multitude of them online.

THE text message blasts went out on the evening of May 23. Before the night was through, more than 80 registrants had set up camp at Eco World Development Group Bhd’s sales gallery in Semenyih, Selangor. They were joined by a few hundred more the next day to get their queue numbers to buy a house in its flagship township, the 1,089-acre EcoMajestic in Semenyih.

RESIDENTS in Melaka and nearby areas who love shopping but don’t want to pay the full price for luxury goods will be eagerly looking forward to the opening of Freeport A’Famosa Outlet Village in Alor Gajah. The RM190 million outlet centre, which will open its doors in April next year, will offer luxury and premium brands of past seasons at discounts of 30% to 70%.

THE Kota Kinabalu property market is buoyant after having remained stable last year. The secondary market — which rose marginally in 4Q2013 following a slow performance in 3Q2013 — is expected to continue growing.