Look at long-term prospects post-Brexit, say property players
AT 10pm on June 23, the polls for the referendum on whether the UK should remain in or leave the European Union (EU) closed.
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).
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Yong Tai JVs with PGCG for RM510m project in Puncak Alam, Selangor
KUALA LUMPUR (July 4): Melaka-based property developer Yong Tai Bhd has formed a joint venture (JV) with PGCG Assets Holdings Sdn Bhd (PGCG) to undertake a commercial and residential project with an estimated gross development value (GDV) of RM510 million.
Will 29 villages in Penang ‘disappear’ soon?
GEORGE TOWN (July 4): Some 29 villages in Penang might face the risk of ‘disappearing’ forever, including its Malay heritage culture, following rampant development projects in the area, say academicians.
Tropicana sells freehold plot in Gelang Patah for RM569.9m
KUALA LUMPUR (July 4): Tropicana Corp Bhd is selling a freehold plot measuring 251.
Joey Yap: Malaysia’s economy faces more downside risk
KUALA LUMPUR (July 3): Malaysia’s economy is expected to go down during the second half of 2016 (2H2016) as the country lacks of positive stimulus, said Chinese metaphysics consultant Datuk Joey Yap (pictured).
Congestion to worsen in TTDI
PETALING JAYA (July 1): The proposed development of nine blocks of high-rise homes on a 12-acre parcel next to the Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) is expected to worsen traffic congestion as the existing transport infrastructure is inadequate, said property agents and consultants.
Najib: LRT extension to benefit two million Klang Valley residents
KUALA LUMPUR (July 1): The 25 new stations under the Light Rail Transit (LRT) extension project are set to benefit about two million people in the Klang Valley, especially those in the Petaling district said Prime Minister Datuk Seri Najib Tun Razak.
