The project won the highly coveted Malaysia Property Awards (MPA) 2022 by FIABCI under the affordable housing category

Founder and managing director Wilson Law said when WEREG Properties started operations in 2019, it had a total revenue of less than RM2 million, and today it has grown more than a tenfold.

Mah Sing Group Bhd’s M Vertica in Cheras has achieved 90% take-up to date, according to the group in a press release on Tuesday (March 21). The final tower, Tower E, is now open for sale.

Malaysian real estate investment trusts (REITs) remain as safe-haven investments for investors amid market uncertainty, owning to growing contagion fears with the collapse of Silicon Valley Bank and the fallout of Credit Suisse Group AG.

GDB Holdings Bhd, via its wholly owned subsidiary Grand Dynamic Builders Sdn Bhd (GDBSB), has withdrawn its legal suit against KSK Land Sdn Bhd, the holding company of Damai City Sdn Bhd, over unpaid monies in relation to the construction of a building here.

“I am aware that my duties and responsibilities in KPKT are big and challenging with a wide range of stakeholders and target groups… therefore, I promise to do my best to carry out my responsibilities, to ensure the aspirations of the Unity Government can be achieved as soon as possible.”

Hosted to appreciate the hard work and dedication of the company's staff, which currently exceeds 700 employees, the event was themed “HBMK Oscars Night” to highlight the company's strong commitment to The Edge Best Managed and Sustainable Property Awards since its inception in 2017.

Noteworthy:

• Leasehold
• Built-up size:12,000 sq ft
• Land size: 15,000 sq ft
• 7 bedrooms, 7 bathrooms
• Semi-furnished
• Nearby amenities: Schools, convenience stores, AEON Mall Shah Alam, Subang Parade, Utrospace Glenmarie, F&B outlets
• Accessibility: Federal highway, DASH highway, KESAS highway.

When: October 2022

Cantara Residences was recognised as the Best Residential Mid-Rise Development.

The City of Elmina township was accredited for its holistic Masterplan encompassing liveability and wellness.

The number of sick, delayed or abandoned projects — which has risen to about 1,007 — is expected to increase further, due to the end of the extension of time for many projects, which was previously granted during the pandemic.