YTL Hospitality REIT fixes issue price of placement units at RM1.06 apiece
KUALA LUMPUR (Dec 1): YTL Hospitality Real Estate Investment Trust (YTL REIT) has fixed the issue price for 380 million placement units at RM1.
Penang government asked to stop approving development projects in Bayan Baru
GEORGE TOWN (Dec 1): The Penang government must cease approving development projects in the Bayan Baru area to prevent flash floods, said Gerakan Bayan Baru chairman Teh Leong Meng.
Under-construction pedestrian bridge near Mid Valley mall collapses, at least one dead, nine injured
KUALA LUMPUR (Nov 30): At least one person is dead and nine injured when a pedestrian bridge under construction collapsed near Jalan Kampung Haji Abdullah Hukum, according to reports from the daily New Straits Times.
First phase of Eco Ardence 85% sold since September launch
SHAH ALAM (Nov 30): Eco World Development Group Bhd's (EcoWorld) Eco Ardence in Shah Alam has already chalked up a take-up rate of 85% for its first phase since its launch in September this year, said its president and CEO Datuk Chang Khim Wah.
Singapore hopes to sign HSR agreement during next retreat, says PM Lee
SINGAPORE (Nov 30): Singapore Prime Minister Lee Hsien Loong hopes to sign the bilateral agreement on the development of the Kuala Lumpur-Singapore high-speed rail (HSR) during the next leaders' retreat.
Developers can now withdraw 80% of deposit after CCC issued
KUALA LUMPUR (Nov 29): Developers will be able to be able to retrieve 80% of the 3% developer's deposit after the Certification of Completion (CCC) is obtained while the remaining 20% will be returned after the defects and liability period effective from Nov 11, said Minister of Urban Wellbeing, Housing and Local Government, Tan Sri Noh Omar (pictured) at the Real Estate and Housing Developers’ Association (Rehda) annual dinner tonight.
MK Land resumes mammoth Perak project after decade-long halt
KUALA LUMPUR (Nov 29): MK Land Holdings Bhd is resuming developments at its 3,000-acre mixed development project, Bandar Teknopolis Perdana (formerly known as Lembah Beriah) in Perak, after halting the project following the launch of the first phase of residential homes 10 years ago.
Putrajaya Perdana bags RM408 mil job for Sime Darby's Cantara Residences
KUALA LUMPUR (Nov 29): Putrajaya Perdana Bhd's wholly-owned unit Putra Perdana Construction Sdn Bhd has been awarded a RM408 million contract to build Sime Darby Ara Damansara Development Sdn Bhd's Cantara Residences.
TRC Synergy gets termination notice for RM74 mil MRT Line 2 job
KUALA LUMPUR (Nov 29): TRC Synergy Bhd said it has received a notice of termination from MMC Gamuda KVMRT (PDP SSP) Sdn Bhd for works related to the new Sungai Buloh-Serdang-Putrajaya mass rapid transit line (MRT Line 2).
Mulpha in talks to acquire Novotel Brisbane Hotel
KUALA LUMPUR (Nov 28): Mulpha International Bhd said it is in discussions to acquire the Novotel Brisbane Hotel but has not inked any legally-binding contract for the purchase.
