News about PA

PETALING JAYA (Dec 7): The construction of the Desaru Coast Adventure Waterpark, one of the largest theme parks in the world, is slated for opening in June next year.

Cahya Mata Sarawak Bhd (Dec 6, RM3.

KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).

KUALA LUMPUR (Dec 5): Ng Wai How from Universiti Malaya and Shahmeena Labeeb from Taylor’s University took home the Gold Awards for the Architecture and Interior Design categories in the Asia Young Designer Award (AYDA) 2017.

PETALING JAYA (Dec 4): The Melaka Monorail is expected to begin operations today following a four-year hiatus owing to technical issues, reported Bernama.

PETALING JAYA (Nov 30): Mitsui Outlet Park KLIA Sepang phase 2 will open for business on Dec 15, 2017, introducing about 35 new stores.

  PETALING JAYA (Nov 29): The Rawang Bypass opened at 6am today and is expected to cut travel time between Serendah and Selayang during peak hours to 30 minutes from up to two hours previously.

KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.

PETALING JAYA (Nov 28): A lack of concerted marketing efforts has led to lower footfalls in malls within certain parts of the country, compounding the effects of the existing oversupply of space, said the Malaysian Institute of Estate Agents (MIEA) past president Nixon Paul.

JOHOR BARU (Nov 27): The Johor government will identify suitable and best ways to solve the problem of unsold high-cost housing units in the state.