Inland Revenue Board slaps IWCity unit with additional tax claim
KUALA LUMPUR (April 13): A unit of Iskandar Waterfront City Bhd (IWCity) is being sued by the Inland Revenue Board (IRB) for RM32.
Advancecon buys land to build workshop for northern Selangor projects
KUALA LUMPUR (April 12): Advancecon Holdings Bhd is buying two parcels of industrial land in Gombak district for RM13.
KLCC Stapled Group inks JV for first TOD
KUALA LUMPUR (April 12): KLCCP Stapled Group (KLCCP), which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), said KLCC Holdings Sdn Bhd — its parent company — had formed a joint venture with a third party to develop its first transport oriented development (TOD).
UEM Sunrise’s Conservatory to start handover in end-Sept
PETALING JAYA (April 12): UEM Sunrise Bhd’s first project in Australia, Conservatory in Melbourne, is now in the completion stage, with apartment units from the first phase to be handed over to purchasers beginning end-September.
PAM launches 2018 building contract
PETALING JAYA (April 12): The Malaysian Institute of Architects (PAM) launched their new PAM Contract 2018 yesterday, the fourth version of the PAM standard form of building contract since it was first introduced in 1969.
Encorp sues contractor over delays and subpar work
KUALA LUMPUR (April 11): A unit of property developer Encorp Bhd has filed a lawsuit against its contractor to claim for liquidated damages of RM24.
TTDI RA against redevelopment regardless of land status
KUALA LUMPUR (April 11): TTDI Residents’ Association (RA) stood firm on their decision to oppose the redevelopment of Tadika Diyana even after discovering that the land occupied by the institution carries commercial status, on concerns that it will reduce the community’s quality of living.
East-coast’s GDP expected to rise 1.5% with ECRL
KUALA LUMPUR (April 11): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule, according to Malaysia Rail Link Sdn Bhd (MRL) which is optimistic of the economic spin-offs that the connection will bring to the region.
MRCB-Quill REIT unfazed by office space oversupply
KUALA LUMPUR (April 11): MRCB-Quill REIT (MQREIT) is confident of maintaining its performance at a desirable level despite facing oversupply issues in the office space market.
