News about Klang Valley

KUALA LUMPUR (June 16): Property developer Glomac Bhd, whose latest quarterly profit has fallen 26% according to its bourse filing yesterday, is planning RM1.

KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.

KUALA LUMPUR (June 1): Protests by environmental groups against the East Klang Valley Expressway (EKVE) project have not disrupted the construction work which is progressing according to schedule, said the project’s concessionaire Ahmad Zaki Resources Bhd (AZRB).

Sold for: RM1.

PETALING JAYA (April 23): Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year.

Sunway Construction Group Bhd (April 19, RM1.

THE Klang Valley residential property monitor saw little or no change in prices on a quarterly basis in 4Q2015.

SHAH ALAM (March 26): Eco World Development Group Bhd (EcoWorld) is confident of achieving its RM4 billion sales target for its financial year ending October 2016.

KUALA LUMPUR (March 12): Despite concerns about oversupply of retail space in urban areas -- with many shopping mall projects nearing completion -- retail consultant Tan Joon Kai (pictured) sees great prospect for suburban shopping malls in maturing neighbourhoods in the Klang Valley.

PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.