KUALA LUMPUR: Malton Bhd has proposed an internal restructuring exercise through the acquisition of Regal Marvel Constuction Sdn Bhd for RM34.45 million.

PETALING JAYA: A former abandoned project which has been sticking out like a sore thumb in the popular middle and upper-class residential enclave of Kuala Lumpur’s Taman Tun Dr Ismail looks set to be completed soon.

Sources say it is possible for the project, known as Mas Kiara Residences, to be ready by the end of the year or early next year.

KOTA KINABALU: Malaysia will look into strengthening the safety measures for buildings and infrastructure to ensure they are able to withstand major phenomena such as earthquake, Science, Technology and Innovation Minister Datuk Dr Maximus Ongkili said.

Although Malaysia was spared from major calamities, he said, it was necessary to prepare for any eventuality.

EDINBURGH: The UK’s curb on banking bonuses may stunt the recovery in London’s luxury housing market by wiping out the windfalls that let buyers afford big mortgages, according to property brokers Knight Frank LLP and Savills plc.

KUALA LUMPUR: While others ask whether developers should start developing buildings with earthquake-resistant features in Malaysia, Selangor Dredging Bhd (SDB) already has one to show.

Its high-rise development Park Seven, completed in 2008, is believed to be the first structurally earthquake-resistant residential building in the country.

MELAKA: Two 150-year-old townhouses along Jalan Tun Tan Cheng Lock were purchased and restored by the National University of Singapore’s (NUS) Department of Architecture with a RM3.6 million donation.

KUALA LUMPUR: United Malayan Land Bhd (UMLand) is teaming up with Tradewinds Johor Sdn Bhd to undertake a RM718 million mixed development project in Pulai, Johor.UM Land said on Oct 1 the proposed development was estimated to take five years with a gross development value (GDV) of RM718 million."The acquisition of the land is in line with UMLand group's business plan to invest in niche developm

KUALA LUMPUR: United Malayan Land Bhd (UM Land) shareholders have given the green light for a joint-venture project with Tradewinds Johor Sdn Bhd in Bandar Pulai Jaya, Johor in an EGM on Oct 1, 2009.

KUALA LUMPUR: There is limited information on how Malaysian buildings can withstand the effects of seismic tremors from earthquakes, according to Boon Che Wee, President of the Malaysian Institute of Architects (PAM).

KUALA LUMPUR: The UK, Germany and France continue to drive commercial real estate activity in Europe, accounting for over 70% of activity in 3Q2009, said Magali Marton, head of DTZ Continental Europe and Middle East (CEME) Research.