PROPERTY SNAPSHOT 3: What are developments priced in Tropicana/Sunway Damansara?
• Today, we continue our focus on Tropicana and Sunway Damansara by looking at average prices on a per square foot (psf) basis.
CZBUCG awaits funding from Penang for RM6.3b infrastructure project studies
KUALA LUMPUR (June 14): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has yet to receive RM100 million for the feasibility studies and detailed design work completed thus far for the RM6.
Crest Builder unit gets RM438.29 mil construction job from Sime Darby
KUALA LUMPUR (June 14): Crest Builder Holdings Bhd’s unit Crest Builder Sdn Bhd has clinched a construction contract from Sime Darby Bhd’s unit Sime Darby Melawati Development Sdn Bhd worth RM438.
Sunway to dispute Perak’s demand for return of undeveloped land
KUALA LUMPUR (June 14): Sunway Bhd’s subsidiary Sunway City (Ipoh) Sdn Bhd plans to dispute a notice from the Perak state secretary requesting it to return an undeveloped portion of land to the Perak government.
PROPERTY SNAPSHOT 2: What’s affordable in Tropicana/Sunway D'sara?
• Properties in Tropicana and Sunway Damansara fall primarily in the upper-middle segment.
LGB Properties mulls mixed-use development on BAT land
PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.
UDA Holdings to open two new hotels in five years
PEKAN, PAHANG (June 12): UDA Holdings Bhd (UDA) wants to open a couple of new hotels under its Ancasa brand in the next half decade, according to a report from Bernama.
Len Cheong turns to property development
KUALA LUMPUR (June 13): Melaka-based furniture maker Len Cheong Holding Bhd, which has just chalked up six months of profit on foreign-exchange (forex) gains and improved sales after over five quarters in the red during which overseas demand declined for its rubberwood furniture, may appear to have curious timing to observers.
S Korea ropes in Malaysian firms to bid for KL-S’pore HSR
KUALA LUMPUR (June 13): A 27-firm South Korean consortium led by the Korea Rail Network Authority (KRNA) is roping in Malaysian partners, starting with local engineering firm Ranhill Bersekutu Sdn Bhd, to jointly bid for the upcoming 350km Kuala Lumpur-Singapore high-speed rail (HSR) project.
Improved connectivity to spur developments
WITH a predominantly Chinese population, Kepong is home to many traditional shops, heritage shops and family-style restaurants.
