OCR's first residential high-rise project a success
KUALA LUMPUR: A 25-storey condominium project with an interesting concept is coming up off the Old Klang Road in Kuala Lumpur.
Latest
US existing home sales rise 3.7%, above forecast
WASHINGTON: US home resales volumes bounced back in March, a hopeful sign for recovery in the housing market, but prices continued to decline. The wave of foreclosed properties is keeping supply up but prices down.
Japan quake delays Malaysian IPO of world's largest Sharia REIT-source
KUALA LUMPUR: The listing of Malaysia's Axis Global Industrial real estate investment trust (REIT), the world's largest sharia-compliant REIT, has been pushed back by about a month after two of its Japanese assets were damaged by the March earthquake, according to a source.
China to speed up reform of resource, property taxes -report
BEIJING: China will speed up reforms of resource and property-related taxes as well as the bank interest rate system this year, the China Securities Journal reported on Thursday, April 21, citing a cabinet meeting.
US existing home sales rise 3.7 percent, above forecast
WASHINGTON: US home resales volumes bounced back in March, a hopeful sign for recovery in the housing market, but prices continued to decline. The wave of foreclosed properties is keeping supply up but prices down.
Perak Malay Contractors wants 30% share of state's mega projects
IPOH: The Perak Malay Contractors Association Malaysia (PKMM) is urging the state government to ensure that 30 per cent of works in mega projects in the state be channelled to local Bumiputera contractors.
Work on Mid Valley City Phase 3 to begin
KUALA LUMPUR: IGB Bhd will commence the building of Mid Valley City's third phase in the next few months, while two other development projects are also set to take off.
Property market to moderate in 2011
KUALA LUMPUR: The property market was sizzling hot last year with the value of transactions surpassing RM100 billion, the first-time ever in history. Both transaction volume and value enjoyed double-digit growth of 11.4% and 32.4% respectively in 2010.
TRC bags RM43.8m Putrajaya housing project
PETALING JAYA: TRC Synergy Bhd's wholly-owned construction arm Trans Resources Corp Sdn Bhd has been awarded a RM43.8 million contract to undertake the construction of two types of public housing at Precinct 8 in Putrajaya.
CIDB preparing to implement e-tendering system
KUALA LUMPUR: The Construction Industry Development Board (CIDB) is preparing to implement the National e-Tendering Initiative (NeTI) as the platform to process online job tenders under the Works Ministry.
