News about Petaling

Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).

SCEPTICS are questioning the viability of a property development project for the Malay Chamber of Commerce of Malaysia (Dewan Perniagaan Melayu Malaysia, DPMM) on a piece of land it owns in Bukit Petaling, Kuala Lumpur.

KUALA LUMPUR (July 27): While industrial properties may not be a sexy class of investment assets, they make very stable assets no matter where you are in the cycle, said Axis REIT Managers Bhd head of investment Siva Shanker (pictured).

A NEED for change propelled Nick Fong and Alex Lee to strike out on their own in 2008 with their interior design firm, Nu Infinity.

•    Today, we continue our focus on Subang and Ara Damansara by looking at average prices on a psf basis.

PROPERTY and infrastructure developer Malaysian Resources Corp Bhd (MRCB) is close to securing a RM700 million work package for the Damansara-Shah Alam Highway (DASH) project, say sources with knowledge of the matter.

KUALA LUMPUR (June 30): The Light Rail Transit (LRT) line from Putra Heights to the Kuala Lumpur city centre started operations at 6am today, Bernama reported.

DEVELOPED by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent.

•    This week, the spotlight falls on the secondary market of non-landed residences in Puchong, Selangor.

British American Tobacco (M) Bhd (June 9, RM50.