News about S

PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.

KUALA LUMPUR (Nov 30): Titijaya Land Bhd said its wholly-owned Epoch Property Sdn Bhd has yesterday entered into a conditional share subscription agreement with Japan-based Tokyu Land Corp (TLC) for a subscription consideration of RM47 million.

PETALING JAYA (Nov 30): Gamuda Land and Telekom Malaysia Bhd (TM) had signed a memorandum of understanding (MoU) yesterday to provide infrastructure and related network services at its 89-acre Kundang Estates development in Kuang, Sungai Buloh.

KUALA LUMPUR (Nov 30): Sime Darby Bhd and Sime Darby Plantation (SD Plantation) both made strong debuts at the opening bell today as pure plays, but Sime Darby Property Bhd's (SD Property) share price fell behind the other two entities.

KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.

KUALA LUMPUR (Nov 30): Mah Sing Group Bhd’s net profit rose to RM92.

KUALA LUMPUR (Nov 29): A high number of unsold property does not only affect property development, but also property management, says Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam, commenting on the recently released 1H property market performance by the National Property Information Centre.

KUALA LUMPUR (Nov 29): Malaysia’s property management sector is still far from being ready to embrace property technology (prop tech), said Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam.

PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.

KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.