News about IT

NUMEROUS run-down pre-war shophouses in George Town, Penang, have been given a new lease of life after being refurbished and reintroduced as trendy restaurants, cafes, guesthouses, hotels and others.

KUALA LUMPUR (Oct 2): The take-home message from the recently held 7th International Conference on World Class Sustainable Cities (WCSC) 2015 is that smart partnerships between local governments and people are key to successful urban regeneration, WCSC organising chairman Datuk N K Tong told The Edge Property.

Rented for: RM2,500 per month (one-year lease) Concluded by: Derrick Hum of Property Exchange (012-723 0309) When: August, 2015 Noteworthy: * Damai Citra 2-storey terraced house * Leasehold * 4+1 bedrooms, 4 attached bathrooms and 1 powder room * Land area: 22ft x 80ft * Built-up: 2,628 sq ft, * Basic unit with lighting and ceiling fan * Gated and guarded community with 24-hour security.

KUALA LUMPUR (Oct 1): Property developer Eco World Development Group Bhd (Eco World) told Bursa Malaysia today that all the conditions precedent (CP) set out in its agreements in relation to its joint development of the RM8 billion Bukit Bintang City Centre project at the former Pudu Jail site have been met.

KUALA LUMPUR (Sept 30): The upcoming HOMEDEC exhibition at the end of October will be themed "Aged Care Living & Design".

The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.

KUALA LUMPUR (Sept 29): Revitalising the older parts of the city that are no longer economically viable is the only way to accommodate the continual growth of the city, said the deputy Federal Territories minister Datuk Loga Bala Mohan at the opening ceremony of the 7th International Conference on World Class Sustainable Cities (WCSC) 2015 today.

KUALA LUMPUR (Sept 29): Newly-listed Al-Salam Real Estate Investment Trust (Al-Salam REIT) will be targeting to acquire at least three new assets within the next two years.

KUALA LUMPUR (Sept 29): Not all of the seven companies that bid for the Light Rail Transit 3 (LRT3) project met stringent assessments set by Prasarana Malaysia Bhd, the project owner said.

KUALA LUMPUR (Sept 29): Old Klang Road, which has seen new developments mushrooming in recent years, will soon see another serviced apartment project.