News about UN

KUALA LUMPUR (May 17):  TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.

PETALING JAYA (May 17): Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and vertical gardens in Kuala Lumpur city.

KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) said it is unaware of the reason behind the spike in its share price yesterday.

KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) shares fell 7% while Ekovest Bhd dropped 5% on profit taking after the Malaysian Government confirmed IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again.

SHAH ALAM (May 16): A minister has called for the adoption of the industrialised building system (IBS) to be made mandatory for all players in the construction industry.

KOTA KEMUNING (May 16): IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian Government, according to Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.

SINGAPORE (May 15): Capital values for offices in Singapore have remained resilient despite declining rents and an influx in supply, according to Cushman & Wakefield.

KUALA LUMPUR (May 15): Bina Darulaman Bhd's net profit fell 88% to RM279,000 in its first quarter ended March 31, 2017 (1QFY17), mainly due to a loss of interest income from the early settlement of financing for the Insaniah University College (KUIN) campus project.

MELBOURNE, Australia (May 15): The vacant property tax, which is set to be implemented in January next year in the state of Victoria, will not have a “catastrophic effect” on the local property market, said Charter Keck Cramer director James Mansour at a media briefing for Malaysian press on the Australian Property Market today.

PENANG (May 14): Eco World Development Group Bhd is targeting to launch the first phase of landed terraced homes at its Eco Horizon and Eco Sun complementary township developments in Batu Kawan, Penang sometime in 2H2017, Eco World Penang general manager Khoo Teck Chong told TheEdgeProperty.