SunCon, WCT, Gabungan AQRS bag LRT3 contracts
KUALA LUMPUR (Oct 6): Three public-listed companies, namely Sunway Construction Group Bhd (SunCon), Gabungan AQRS Bhd and WCT Holdings Bhd bagged contracts with a combined value of RM3.
Construction sector to gain from Chinese FDI — Eastspring
KUALA LUMPUR (Oct 6): Malaysia’s construction sector in particular is likely to benefit well from higher earnings next year following increased investments from China, said Eastspring Investments Bhd.
What do youths want in their homes?
PETALING JAYA (Oct 5): In order to predict what homes will be most popular in the future, you need to look into what kinds of homes that future occupants and buyers would want.
Forest City won’t suffer from low occupancies in long term
PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.
ECRL price tag of RM55b not as inflated — MRL Infra chief
KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.
Extension for project delivery possible, says housing minister
PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.
More public-private sector partnerships vital to drive IBS usage
PETALING JAYA (Oct 5): There must be a collaboration between the public and private sector to drive Industrialised Building System (IBS) usage, said Asian Strategy & Leadership Institute (ASLI) chairman Tan Sri Dr Jeffrey Cheah in response to the government urging property developers to adopt the technology.
House prices will not come down — but sizes will
PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.
Former actor rearrested, remanded again over low-cost housing scam
MUAR (Oct 5): A former actor who was released after his two-day remand issued by the Ampang magistrate’s court expired was arrested and remanded again for two days by the Magistrate’s Court here to help investigations into a low-cost housing scam involving RM6.
Singapore introduces bill to support Kuala Lumpur-Singapore HSR
SINGAPORE (Oct 5): A proposed law to support the building and running of two future rail links between Singapore and Malaysia, including the Kuala Lumpur-Singapore high-speed rail (HSR), was brought to Singapore’s parliament on Tuesday, according to The Straits Times.
