Klang Valley office rental growth to be under pressure over next two years
KUALA LUMPUR (Jan 21): Klang Valley office rental growth is expected to be under pressured owing to the new supply of 10 million sq ft coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam (pictured).
New age media used to market properties illegally
KUALA LUMPUR (Jan 20): Illegal property brokers and marketing companies are turning to new age media such as websites and applications to encourage landlords to use their services instead of real estate agents, said the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA).
CIMB overweight on Malaysian builders ahead of Budget 2016 cuts
KUALA LUMPUR (Jan 19): CIMB Investment Bank Bhd said Malaysia's Budget 2016 revision was "unlikely to be a huge negative" for construction projects, in anticipation the government would continue to spend on high-impact jobs.
IJM Corp unit bags RM484.2 mil contract for works in Johor
KUALA LUMPUR (Jan 15) : IJM Construction Sdn Bhd, a wholly-owned unit of IJM Corp Bhd, has clinched a RM484.
UEMSET-Medini Iskandar to kick off township management services JV this year
KUALA LUMPUR (Jan 13): A new entity formed via a joint venture between UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET), and Township Management Services Sdn Bhd (TMS) — which is a wholly-owned subsidiary of Medini Iskandar Malaysia Sdn Bhd, will kick off its township management services this year, specifically for building owners and residents of Medini and Iskandar Puteri (formerly known as Nusajaya) townships in the Iskandar Malaysia region in Johor Bahru.
Seacera unit pre-qualifies for works related to DASH, SUKE
KUALA LUMPUR (Jan 12): SPAZ Sdn Bhd, a 60%-owned subsidiary of Seacera Group Bhd, has pre-qualified for the construction and completion works related to the Damansara-Shah Alam Elevated Expressway (DASH) and the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE).
Penang undersea tunnel work sees slight delay
KUALA LUMPUR: Consortium Zenith BUCG Sdn Bhd (CZBUCG), the main contractor for the RM6.