George Kent says 'has not received' RM1.01b MRT project acceptance letter
KUALA LUMPUR (Aug 25): George Kent (M) Bhd said it had not received the letter of acceptance (LOA) for the RM1.
MRT Corp awards RM1.01b trackworks package to CCCC-George Kent JV
KUALA LUMPUR (Aug 24): A joint venture between George Kent (M) Bhd and China Communications Construction Company Ltd (CCCC) has won the RM1.
George Kent consortium leads MRT Line 2 job race
KUALA LUMPUR (Aug 16): A consortium led by George Kent (Malaysia) Bhd has emerged the front runner for a RM1 billion deal to build new tracks for the mass rapid transit (MRT) Line 2, known as the Sungai Buloh-Serdang-Putrajaya (SSP) Line.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
Knight Frank Malaysia: High-end condo market in KL remains lacklustre
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
No public involvement in MRT trial run, says MRT Corp
KUALA LUMPUR (Aug 3): No members of the public will be involved in the three-month trial run of Phase 1 of the mass rapid transit Sungai Buloh-Kajang Line (MRT Line 1) that is slated to begin on Oct 1, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
UPDATE: PRG eyes Myanmar, Philippines
KUALA LUMPUR (July 20): PRG Holdings Bhd, which is planning to develop affordable housing in Sungai Buloh, Selangor, is exploring business opportunities in Myanmar and the Philippines to expand the company’s construction and real estate development operations.
Developers of affordable housing may ride downturn better
IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
Two more MRT2 packages to open for tender in 3Q
KUALA LUMPUR (July 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which announced yesterday the award of three work packages worth RM1.
MRT V205 and V206 packages to be open for tender in 3Q
KUALA LUMPUR (July 4): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said the tender for packages V205 and V206 for the Klang Valley Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP Line) will be held in the third quarter of the this year (3Q16).
