News about UN

Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.

PUTRAJAYA (Jan 5): Paramount Blossom Sdn Bhd is collaborating with Fujian Hexinyuantong Investment Co Ltd and China Railway Liuyuan Group Co Ltd to develop a RM650 million property project on 77 acres of land in Seremban, Negeri Sembilan.

KUALA LUMPUR (Jan 5): Gabungan AQRS Bhd has bagged a RM360.

AFTER the lacklustre retail sales figures seen this year, retailers and analysts expect consumer spending to gradually recover next year.

SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.

UEM Sunrise Bhd (Jan 3, RM1.

TYCOON Tan Sri Lee Kim Yew, who is behind the development of Mines Resort City in Seri Kembangan, Selangor, is putting up 38.

PETALING JAYA (Jan 3): Listed electronic and industrial waste processor JAG Bhd has entered the property development business with its upcoming mixed-use development project worth RM155 million to RM170 million in Klang.

KUALA LUMPUR (Jan 3): A research team from  Universiti Tunku Adbul Rahman (UTAR) has concluded that the current property market downturn plaguing the country will not be as turbulent as the ones that occurred some two decades ago.

THE most anticipated property transaction next year is the sale of the final component within BlackRock Inc’s The Intermark integrated development in Jalan Tun Razak, Kuala Lumpur — Vista Tower, a Grade A office building.