UOA Development to launch two projects worth RM2.7b by June
The combined GDV of these two projects is about RM1 billion, with both slated for completion in 2026.
The combined GDV of these two projects is about RM1 billion, with both slated for completion in 2026.
Spanning about 10 acres, the freehold Bamboo Hills Residences will have three residential blocks on top of a retail podium, which will serve as a hub to provide convenient access to daily necessities and services.
This is in response to the government's implementation of an increase in service tax to 8% from 6%, and its scope expanding to cover logistics services, which will be taxed 6% come April 1 this year.
The lorry drivers’ strike began on Oct 17 in states such as Kuala Lumpur, Johor, Melaka, Penang and Negeri Sembilan among others, in protest of the Road Transport Department's (JPJ's) enforcement operation of seizing overloaded lorries.
“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.
Works Minister Datuk Sri Alexander Nanta Linggi: Embracing these trends and technologies will not only lead to more efficient and cost-effective construction processes, but also contribute to a more environmentally responsible and resilient built environment.
MBAM also mentioned that it is a showcase of an IBS project, which uses the latest Construction Industry Development Board (CIDB) form of contract.
MBAM president Oliver HC: “We would like to echo the government’s efforts through the amended OSHA that will empower employees in prioritising their health and safety, providing them a voice to speak up about safety and health issues.
En added that on adjudication alone, fees worth hundreds of millions have been paid by disputing parties since its inception and this does not include legal expenses incurred at various courts and arbitration.
“The MRT project is currently already at an advanced stage and should be implemented soonest.