Architects institute urges refinements to Urban Renewal Bill to better protect public interest
“PAM reiterates its commitment to supporting the government in achieving meaningful urban renewal.
KL MPs mull revival of local polls to strengthen city democracy
“The city has a budget of about RM3 billion—larger than Johor’s and close to Selangor’s—yet residents currently have no direct voice in the governance of Kuala Lumpur City Hall (DBKL).
Parkland by the River: Contemporary Serviced Living in Permas Jaya
Parkland by the River, officially registered as Residensi Parkland Permas (Phase 2), is developed by Parkland Southern Sdn.
PAC: Outdated land formula costs govt RM136.8m in Kampung Bohol deal, needs review
The Public Accounts Committee said there is a conflict between the 2020 development plan, which designates the area as a retention pond and recreational park, and the 2040 draft plan, which proposes residential development.
PAC calls for overhaul of KL land development system over unchecked approvals, ignored public objections and cheap land sales
The Public Accounts Committee found that government land had been undervalued for years due to a 30-year-old formula to calculate land premiums, leading to land being sold below market value and causing potential losses to the government.
Palace of the Golden Horses operator faces winding-up petition over RM143,000 dues
Fujifilm is claiming RM142,698 based on a default judgment from January 2022, which included an unpaid sum of RM93,090.
NCT Alliance's major shareholders to inject industrial park developer for RM490 mil in shares, RCPS
The property developer inked a conditional share sale agreement with the Yap brothers, executive chairman and managing director Datuk Seri Yap Ngan Choy and executive director Datuk Yap Fook Choy, to acquire the entire equity interest in NCT World Sdn Bhd.
Lawmakers ask to delay second reading of Urban Renewal Bill for further review
The Members of Parliament have called for the Bill to be referred to two committees—Infrastructure, Transportation and Communications, and Women, Children and Community Development—and for a full social impact study to be commissioned.
Urban Renewal Bill 2025 tabled in Parliament for first reading
Housing and Local Government Minister Nga Kor Ming tabled the bill, with its second and third readings scheduled for next Wednesday (Aug 27).
Parkson unit signs 20-year lease in China’s Sichuan province
The space will be used for commercial operations and under International Financial Reporting standards, with the tenancy agreement treated as the acquisition of a right-of-use assets, which Parkson booked at about 14.
