News about KL

  With the advantage of being close to the city centre, Setapak has witnessed the development of many condominiums.

A mere 13 years ago, YTL Land & Development Bhd (YTL Land) kickstarted a multi-billion ringgit urban renewal project in Kuala Lumpur’s Sentul district, with its historic pre-war shophouses, temples, churches, public housing and the old Malayan Railway train depot .

Twenty-two 1940s shophouses along Jalan Doraisamy in Kuala Lumpur that had been converted into the Asian Heritage Row of nightspots in the early 2000s, are again being readapted.

KUALA LUMPUR (June 24): Despite approving the Kampung Baru Development Corporation Act, "not one piece of steel" has been seen in the redevelopment of the historical Malay enclave, which sits on prime real estate in Kuala Lumpur, a senator said today.

KUALA LUMPUR (June 23): Johor-based property developer KSL Holdings Bhd plans to start the construction of KSL City Mall 2, expected to be one of the largest shopping malls in Klang, by the end of 2015.

KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.

EVERY artist has a story to tell.

KUALA LUMPUR (June 15): Developers will be offered charge reduction incentives and green lane to speed up development approvals to build more affordable homes in the Federal Territory.

KUALA LUMPUR (June 13): A seismic code of practice for new buildings is in the final stages of being formulated and submitted to the government for implementation to ensure development projects, including those in Kuala Lumpur, will be able to withstand the impact of an earthquake.

KUALA LUMPUR (June 12): 1Malaysia Development Bhd (1MDB) will launch a request for proposal (RFP) for Bandar Malaysia here in the next two weeks to select equity investors for the planned real estate project.