News about MP

The Cold Storage store will anchor the first phase of The Tenz.

The sale helps Magma unlock value from a non-core asset, reduce debt, and focus on higher-growth areas.

“A renewed HOC would not only encourage genuine homeownership, especially among first-time buyers, but also help sustain market momentum in 2026,” said Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum.

As a result, the project went ahead under the Land Acquisition Act 1970, with 67% of landowners agreeing and the remaining 33% facing compulsory acquisition.

Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said residents themselves agreed to redevelop the area, selected the developer, and signed a deal without government interference.

As cities absorb burgeoning populations, they are increasingly vulnerable to social and climate-related pressures ranging from inadequate infrastructure to public health crises.

Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said the session will provide lawmakers with a more detailed explanation of the long-standing dispute surrounding the project facing resistance from some residents and delays spanning nearly a decade.

Empire Remix 1 remains a cautionary tale, a stalled opportunity in an otherwise active and competitive USJ 1 property market.

The residents’ counsel, Datuk Rosal Azimin Ahmad, said that one of the grounds for the dismissal was that the eviction had already been executed.

Residensi Armani Hallson KLCC is a freehold mixed development by Armani Hallson KLCC Sdn.