News about AI

PETALING JAYA (April 1): Acclaimed Iraqi-British architect Zaha Hadid, whose iconic projects include the London Olympics Aquatics Centre, the Bahrain International Circuit and the Beijing New Airport Terminal building has passed away at the age of 65 from a heart attack.

KUALA LUMPUR (March 31): MMC Gamuda KVMRT (T) Sdn Bhd (MGKT) has bagged the largest work package for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line, also known as MRT2, valued at RM15.

PETALING JAYA (March 30): Avillion Hotel Group Sdn Bhd, a unit of Reliance Pacific Bhd, will debut its brand in Cameron Highlands with the new Avillion serviced suites in Cameron Fair which will open early next year.

PUTRAJAYA (March 29): Putrajaya Holdings Sdn Bhd’s Aura Residence in Precinct 8 here has seen 70% of its 360 units sold since it was launched in November 2014, said marketing general manager Sabariah Ramli.

KUALA LUMPUR (March 28): Sunway Construction Group Bhd (SunCon)'s subsidiary has been awarded a RM1.

KUALA LUMPUR (March 25): Ahmad Zaki Resources Bhd has been awarded the first viaduct work package for the construction of the Mass Rapid Transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line, worth RM1.

KUALA LUMPUR (March 25): Gamuda Bhd, which is involved in construction and property as well as water concessions, saw a 12% drop in net profit in its second financial quarter ended Jan 31, 2016 (2QFY16) to RM160.

PETALING JAYA (March 24): Bukit Bintang City Centre’s (BBCC) serviced apartments – which will be open for a public preview this weekend – will be priced indicatively at RM1,600 psf, said a personnel from developer BBCC Development Sdn Bhd.

KUALA LUMPUR (March 24): Property developer Glomac Bhd said it plans to roll out RM627 million new launches in the second half of the financial year ending April 30, 2016 (2HFY16), where four out of the five planned projects are in the affordable landed residential segment.

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in the district of Kerinchi/Pantai.