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PETALING JAYA (July 6): Eco World International Bhd’s (EWI) maiden Melbourne project, the A$243 million Yarra One tower began construction today.

The government has acted to cool the red hot residential property market.

Yong Tai Bhd  Frankie Tan  Yong Tai Bhd general manager of sales “In my opinion, with the change in government in the country, it will take a while for the new government to settle down and formulate new policies.

Perdana Parkcity Sdn Bhd KC Chong Perdana Parkcity Sdn Bhd chief marketing officer “We remain positive about the property market moving forward as the company believes the right product by reputable developers, with good quality, in strategic locations, will still be in demand.

Paramount Property Beh Chun Chong  Paramount Property CEO “The improved property market is expected to sustain until the end of the year.

Eastern and Oriental Bhd Wayne Wong Eastern and Oriental Bhd (E&O) senior general manager group marketing and sales   “We expect the cautious optimism of the property market in Malaysia to continue as market players adjust to the new operating environment.

Asiana Agresif Sdn Bhd PROJECT SHOWCASED AT VPEX 2018 genKL This low density condominium in Kuchai Lama, Kuala Lumpur comprises a 30-storey residential block offering 332 units of condos with built-ups ranging from a cosy 1,150 sq ft to an expansive 1,574 sq ft.

I&P Group Sdn Bhd (a member of Setia) Datuk Zaini Yusoff  S P Setia Bhd divisional general manager (I&P Group Sdn Bhd is a member of Setia) “In the soft market and with the majority of consumers taking a wait-and-see approach after the recent General Election, S P Setia has adopted the strategy of rolling out more mid-range landed homes in our established townships.

Construction sector Maintain underweight: According to The Edge Markets, East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRL) has ordered its main contractor, China Communications Construction Co Ltd (CCCC), to immediately suspend all ongoing works relating to the engineering, procurement, construction and commissioning scope of the ECRL.

KUALA LUMPUR (July 6): The judge presiding over the corruption trial of former prime minister Datuk Seri Najib Razak (pictured) ought to have disclosed that the judge’s brother is a Pahang Umno leader in order to ensure that the integrity of the case is not affected, the Malaysian Bar said.