News about KL

KUALA LUMPUR (Sept 13): Permodalan Nasional Bhd (PNB) is facing a setback in the ongoing construction of what would be the tallest building in Southeast Asia, which raises the spectre of possible delay in completion, sources say.

KUALA LUMPUR (Sept 9): The cost of RM650 million to develop the Taman Tugu project in Kuala Lumpur consists of four components, including a 10-year maintenance estimate, said Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar, Bernama reported today.

KUALA LUMPUR (Sept 9): There must be continuous effort to bring together ideas and best practices on what makes cities sustainable as places to live and work for our future generation, said organising chairman of the 8th International Conference on World Class Sustainable Cities 2016 (WCSC) Chan Kin Meng.

A penthouse that comes with its own sky garden with panoramic city views and a swimming pool —that would probably fit the description of luxury high-rise living.

KUALA LUMPUR (Sept 2): Malaysian Resources Corp Bhd (MRCB) has inked a memorandum of understanding (MoU) with Telekom Malaysia Bhd (TM) to provide integrated telecommunications — be it traditional broadband or wireless — to the property developer’s existing and upcoming projects.

Sold for: RM1 million (RM561 psf) Concluded by: Adeline Teh (REN 04207) of Hartamas Real Estate OUG Sdn Bhd (012-320 6520) When: July 2016 Noteworthy:  ● 1,782 sq ft ● 3 + 1 bedrooms ● 3 + 2 (1 powder room and 1 maid’s toilet) bathrooms ● Facing west ● High floor ● Bare unit ● Facilities: man-made beach, steam bath, sauna room, two indoor badminton courts, floating gym, playground and multipurpose hall Le Yuan Residence was developed by UOA Development Bhd and handed over at the end of 2014.

THE Transition Town movement came about because many people from all over the world were getting worried about issues such as peak oil (fossil fuel production reaching its peak and then dwindling to nothing) and climate change.

PETALING JAYA (Aug 30): KLK Land, the property arm of Kuala Lumpur Kepong Bhd, has signed a memorandum of understanding (MoU) with Wesley Methodist School (WMS) for the building and running of a private school at its Bandar Seri Coalfields (BSC) township, the group announced in a press release today.

MALL owners and operators are urging the local authorities in Selangor and Kuala Lumpur to impose a two-year freeze on new applications to build shopping centres as a way to overcome the current oversupply of retail space.

KUALA LUMPUR (Aug 29): Ireka Corp Bhd posted sharply higher net profit of RM27.