Cash flow issues may arise as MRCB takes on mega jobs
KUALA LUMPUR (Oct 30): Malaysian Resources Corp Bhd (MRCB) may face cash flow issues as it takes on two mega projects worth RM4.
DBKL to sell Plaza Rakyat to Profit Consortium for RM740 mil, says Tengku Adnan
KUALA LUMPUR (Oct 29): The Kuala Lumpur City Hall (DBKL) will sell the land on which the Plaza Rakyat project was located to Profit Consortium Sdn Bhd for a consideration of RM740 million, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
PR1MA projects in the Klang Valley received highest demand
VIEW VIDEO PETALING JAYA (Oct 29): Perbadanan PR1MA Malaysia (PR1MA) projects in the Klang Valley have received the highest number of applicants of middle income earning between RM2,500 and RM10,000 a month, said PR1MA CEO Datuk Abdul Mutalib Alias (pictured) at a press conference recently.
MRCB scores a hat-trick
KUALA LUMPUR (Oct 29): Construction and property development outfit Malaysian Resources Corp Bhd (MRCB) scored a hat-trick yesterday with two major job wins, and the announcement of a joint-venture (JV) partnership to undertake the development of the Cyberjaya City Centre (CCC), which has a reported gross development value of close to RM10 billion.
Malaysians No 3 Asian real estate investors in UK, Australia, says report
KUALA LUMPUR (Oct 28): Malaysia is the third biggest Asian investor in the real estate market of the UK and Australia, The Star Online reported.
Vivekananda Ashram to get heritage status after owner’s appeal rejected
KUALA LUMPUR (Oct 28): The century-old Vivekananda Ashram in Brickfields, Kuala Lumpur, will be gazetted as a national heritage site after Putrajaya rejected appeals from the site owner.
Prasarana signs MoU with MRT Jakarta to collaborate on rail projects
KUALA LUMPUR (Oct 27): Prasarana Malaysia Bhd (Prasarana) signed a memorandum of understanding with MRT Jakarta on a rail collaboration at the Indonesian capital yesterday.
Who wins? Heritage town Pekan Ampang is in the way of the Suke Highway
Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.
Don’t rush to sell your land, Najib tells Kampung Baru residents
KUALA LUMPUR (Oct 19): Prime Minister Datuk Seri Najib Razak yesterday advised Kampung Baru residents to keep their land as the value will increase due to the many developments the government has planned for Kuala Lumpur’s last remaining Malay enclave.
DONE DEAL: 2-storey terraced house, Taman Bukit Serdang, Selangor
DONE DEAL: 2-storey terraced house, Taman Bukit Serdang, Selangor Sold for: RM638,000 Concluded by: Raymond Kwong of Hartamas Real Estate (KD) Sdn Bhd (016-3355152) When: September, 2015 Noteworthy: *Freehold *4-bedrooms and 3-bathrooms *22ft x 75ft land area *1,800 sq ft built-up *Faces north *Extended kitchen Taman Bukit Serdang is a mixed-use development township project developed by Bukit Ciri Sdn Bhd.
