Land and General faces up to 20% cost increase for future projects

Dec 16

KUALA LUMPUR (Sept 9): Property developer Land and General Bhd (L&G) has admitted that the weakening ringgit against the US dollar will have an increase development cost for their future projects, if the situation has not abated.

183 Ampang up for sale

Dec 17

TWO prominent businessmen are looking at divesting 183 Ampang, a six-year-old residential project located close to two major roads in Kuala Lumpur — Jalan Ampang and Jalan Tun Razak — possibly for as much as RM2,400 psf or RM317 million.

DONE DEAL: Summer Suites small office/flexible office

Aug 21

Rented for: RM1,700 Concluded by: Mori Ng of Greenfield Properties (010 220 4482) When: August 2015 Noteworthy: - Partially furnished with air conditioning units, kitchen cabinets, refrigerator and microwave - Built-up area: 493 sq ft, 1 bathroom - Accessible via Jalan Sultan Ismail and the Ampang-Kuala Lumpur elevated highway.

JMR Conglomeration to launch Marvel View in Butterworth by year end

Dec 16

PENANG (Aug 20): JMR Conglomeration Bhd will launch its commercial development named Marvel View in Butterworth at the end of this year, according to a report carried by the digitaledge Daily today.

Abandoned hotel project in KL may be revived

Dec 16

EFFORTS to revive a stalled project located on a prized piece of land at the junction of Jalan Ampang and Jalan Sultan Ismail Kuala Lumpur — which was once earmarked for The Grand Duta Hyatt Hotel — appear to have been re-mobilised.

LRT extensions on track to be completed by June next year

Aug 04

KUALA LUMPUR (July 24): The RM1.

Wing Tai to officially launch Le Nouvel Condo in 4Q

Dec 15

KUALA LUMPUR (July 9): Retail and property group Wing Tai Malaysia Bhd plans to officially launch its Jalan Ampang Le Nouvel Codominium project by year-end, The Edge Financial Daily reported today.

Three outfits said to be on shortlist for LRT3 PDP

Dec 16

KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).