Adam said the lack of new infrastructure projects in the pipeline, aside from the MRT3, could continue to dampen construction sector sentiment, in addition to the rising cost of building materials, such as steel bars.
Spanish hotel chain Meliá Hotels International is expanding its INNSiDE brand in Asia with the opening of two new INNSiDE hotels in Kuala Lumpur and Bangkok respectively.
By now, foreigners interested in moving to Malaysia via the country’s visa programmes will most probably be a bit overwhelmed by the myriad “choices” available.
Australian-based property developer EXAL Group plans to have an “inclusive multi-generation living concept with bespoke aesthetics that will elevate the quality of life” in its SÓL Estate development in Kuching, Sarawak.
Half of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the overnight policy rate (OPR) last year, said Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
MCT Bhd has acquired a 3.9-acre plot of freehold land in Taman Desa here for RM64.65 million to undertake a condominium project with an estimated gross development value of RM500 million.
Shareholders of YNH Property Bhd gave their nod for the disposal of Kiara 163 Retail Park here and AEON Seri Manjung in Perak for a total of RM422.5 million in cash to ALX Asset Bhd.
Noteworthy:
August 2022
Trading of Top Builders Capital Bhd’s shares will continue to be suspended on Bursa Malaysia, as the group failed to file its quarterly report for its second quarter ended Dec 31, 2022 (2QFY2023) by Feb 28 as required under the Main Market Listing Requirements.
While many would have reservations about starting a business during a recession, the founder of Firdaus & Associates Group of Companies, Datuk Firdaus Musa decided kick off his property firm anyway.
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