Pesona Metro subsidiary bags RM264.3m construction job
KUALA LUMPUR (September 5): Pesona Metro Holdings Bhd’s unit, Pesona Metro Sdn Bhd, has secured a RM264.
Chinese nationals can buy Forest City units, but no residential visas, says Mahathir
KUALA LUMPUR (September 5): Tun Dr Mahathir Mohamad has confirmed that Chinese nationals may purchase residential units at Forest City, but visas will not be issued to them.
Minister: Taman Rimba Kiara project in progress, hinders cancellation
KUALA LUMPUR (September 4): Due to financial and legal implications, the condominium project in Taman Rimba Kiara cannot simply be cancelled said Federal Territories Minister Khalid Samad, as reported by the Malay Mail.
FT minister: Three names for KL mayor given to PM
KUALA LUMPUR (Aug 4): The names of three potential candidates for the new Kuala Lumpur mayor have been given to the prime minister, Federal Territories Minister Khalid Samad confirmed, according to a report by The Malay Mail.
UOA REIT mulls formation of sub-MCs at its properties to avoid disputes
PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.
Fake islands could be economic trouble, says report
KUALA LUMPUR (Sept 4): Two mega projects are in the local news, lately.
Setapak Central Mall being sold to a Singapore company, says report
KUALA LUMPUR (Sept 4): AsiaMalls Sdn Bhd may be concluding the sale of Setapak Central Mall (pictured) with global Singapore-based integrated real estate fund manager ARA Asset Management Ltd, said a report by The Star.
China homebuyers greatly attracted to Malaysia
KUALA LUMPUR (Sept 4): The recent statement made by Prime Minister Tun Dr Mahathir Mohamad concerning foreign buyers in the Forest City (pictured) mega project in Johor has cast the limelight on home purchasers from the Middle Kingdom.
Vertice and Vizione advance after JV lands RM815m contract in Penang
KUALA LUMPUR (Sept 4): Shares in Vertice Bhd and Vizione Holdings Bhd rose this morning after a joint venture between the two companies won a RM815 million contract from Consortium Zenith Construction Sdn Bhd to undertake construction work for a package in the Penang mega infrastructure project.
Dr M also ‘shocked’ by Guan Eng’s graft acquittal
KUALA LUMPUR (Sept 4): Prime Minister Tun Dr Mahathir Mohamad, among others, is also shocked over the acquittal of Finance Minister Lim Guan Eng of corruption charges involving the purchase of a bungalow at below market value.
