Snapshots of the auction property market in 2018
The total number and value of auction properties in Malaysia is on an upward trend lately.
London takes top spot for global luxury store openings
KUALA LUMPUR: London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills.
Boustead confirms Amrin's appointment as new MD
KUALA LUMPUR (April 5): Boustead Holdings Bhd has appointed former Sime Darby Property Bhd CEO Datuk Seri Amrin Awaluddin (pictured) as its new managing director, confirming a report in The Edge Financial Daily yesterday.
MRT station to be built on land owned by Cyberview within Cyberjaya City Centre
KUALA LUMPUR (April 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) and Cyberview Sdn Bhd had on Wednesday (April 3) signed a mutual agreement to enable the construction of an MRT station for the MRT Sungai Buloh–Serdang–Putrajaya Line within the Cyberjaya City Centre.
PAC done taking statements in probe on Johor-Singapore VEP system
KUALA LUMPUR (April 5): Public Accounts Committee (PAC) chairman Datuk Seri Ronald Kiandee said the PAC has finished taking statements for its probe into the Johor-Singapore Vehicle Entry Permit (VEP) system.
Malaysia may sell more assets to reduce borrowings
KUALA LUMPUR (April 5): While the country’s national debts are at a more manageable level currently after the government has recovered some money from abroad, still Prime Minister Tun Dr Mahathir Mohamad points out that the government needs to sell more assets to reduce borrowings.
Amrin Awaluddin leaves Sime Darby Property
KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin (pictured) will step down as group managing director of Sime Darby Property Bhd on May 3, with Township Development chief operating officer Datuk Wan Hashimi Albakri Ahmad Amin Jaffri to be appointed as acting group CEO.
Scomi-Prasarana monorail dispute comes to an end with new RM303m contract
RAWANG (April 4): A years-long dispute between Prasarana Malaysia Bhd and Scomi Engineering Bhd has come to an end with the signing of a new contract worth RM303 million between the two parties today.
Bandar Puteri Puchong to be spruced up in rejuvenation project
PUCHONG (April 4): Bandar Puteri may host the commercial nexus of Puchong, Selangor, but with unsightly back lanes, dirty drains, illegal structures and rampant double parking, it still falls short of a more premier status.
Low level of arsenic found in Perak’s Sungai Rui
IPOH (April 4): State authorities here have found a low level of arsenic in water samples taken from Sungai Rui in Hulu Perak, reported The Star today.
