News about Kota Kinabalu

PETALING JAYA (Dec 14): The official announcement of the 1 Sulaman development in Kota Kinabalu, Sabah, as being an abandoned project will allow KKTP Sdn Bhd — a private company owned by the Ministry of Local Government and Housing Sabah — to rescue the project, according to 1 Sulaman Platinum and Gold Tower Buyers’ Action Committee spokesperson Tom Lim.

PROPERTY prices on Kota Kinabalu’s secondary market have been rising over the last five years, albeit at a marginal rate, observes Rahim & Co branch manager Max Sylver Sintia when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 3Q2016.

PETALING JAYA (Oct 11): S P Setia Bhd is rewarding its customers with free movie screenings from until December 2016 under its long-term rewards and appreciation programme Citizen Setia.

SBC Corp Bhd (Aug 28, 70.

PETALING JAYA (Aug 11): The residential property sector in Kota Kinabalu is witnessing a gentle improvement, underpinned by a lack of new launches in the market, said property consultancy firm Knight Frank Malaysia in its Real Estate Highlights report.

FOLLOWING the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.

GABUNGAN AQRS Bhd’s partnership with state-linked companies, including Sabah’s Suria Capital Holdings Bhd and Tanah Makmur Bhd — whose major shareholders include Pahang’s crown prince Tengku Abdullah Sultan Ahmad Shah — puts it in a good position to bag future jobs.

KUALA LUMPUR (May 24): Ho Hup Construction Company Bhd, which saw its earnings slip 5% in the first quarter ended March 31, 2016 (1QFY16), has trimmed its profit after tax (PAT) growth target to between 15% and 20% for FY16, in view of the continued slowdown in the property market.

BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

FOR Kota Kinabalu-based Borneo Estate Development Sdn Bhd’s chief operating officer, Ben Kong Chung Vui, property development means building something that is relevant to the present and the future.