Tallest residential tower in the country to stand in Bukit Bintang
KUALA LUMPUR (Sept 27): The city’s skyline is all set to change again -- Bukit Bintang will be the location of the tallest residential tower in Malaysia.
Ho Hup to raise up to RM17.7m via private placement
KUALA LUMPUR (Sept 27): Ho Hup Construction Bhd has proposed to raise up to RM17.
TRC Synergy gets go-ahead for RM293m civil servant housing project
KUALA LUMPUR (Sept 26): After seven months, the development of 500 1Malaysia Civil Servant Housing Development (PPA1M) residential units, 316 public residential units and 20 commercial units in Precinct 18, Putrajaya, at a gross development cost (GDC) of RM292.
GDB bags RM517m job to build Desa ParkCity's Park Regent development
KUALA LUMPUR (Sept 26): Construction firm GDB Holdings Bhd has clinched a RM517 million contract to undertake construction works as the main contractor for the Park Regent residential development located at Desa ParkCity here.
Internet connection an important factor for homebuyers
PETALING JAYA (Sept 26): A survey conducted by the Real Estate and Housing Developers’ Association Malaysia (Rehda) showed that homebuyers regard digital network coverage as one of the top five factors that influence their property purchase, higher than a developer’s reputation.
Rehda: Local developers building homes for Malaysians, not foreigners
PETALING JAYA (Sept 26): The Real Estate and Housing Developers' Association Malaysia (Rehda) has reiterated that the National Home Ownership Campaign (HOC) events and exhibitions are targeted at Malaysian homebuyers and not foreigners.
ECRL subcontract awards expected in 2021, says Affin Hwang Capital
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
Widad gets RM120m contract to build new solid waste transfer station in Kepong
KUALA LUMPUR (Sept 26): Widad Group Bhd, formerly known as Ideal Jacobs (Malaysia) Corp Bhd, has secured an RM120.
Jomo says ECRL cancellation can be done without affecting relations with China
KUALA LUMPUR (Sept 25): Finance Minister Lim Guan Eng's concern about putting Malaysia's "national considerations at stake" is valid, but the cancellation of the East Coast Rail Link (ECRL) can still be done through proper negotiations without affecting bilateral relations with China, said prominent economist Professor Dr Jomo Kwame Sundaram.
Budget 2020: Hong Leong sees RM4b contingency plan in the offing
KUALA LUMPUR (Sept 25): Hong Leong Investment Bank Bhd says Malaysia's Budget 2020 may include a RM4 billion contingency plan to cushion the nation's economic growth from the prolonged US-China trade tension.
