Gadang tenders for RM5.2 bil worth of construction projects
KUALA LUMPUR (Nov 3): Gadang Holdings Bhd said it is currently bidding for RM5.
Knight Frank: Luxury house prices hampered by global economic uncertainty
PETALING JAYA (Nov 3): Luxury homes in cities round the globe saw a slowdown in price growth in 3Q2016 as new taxes, elections, referendums and economic jitters took hold, according to international real estate firm Knight Frank LLP.
Release ECRL feasibility study, say opposition MPs
KUALA LUMPUR (Nov 3): Opposition members of parliament (MPs) have questioned several aspects of the RM55 billion East Coast Rail Line (ECRL) project, including pricing, alleged lack of transparency, and the need for the project.
The challenge of housing a nation
The right to shelter is an inalienable basic human right.
Government should provide land near MRT stations for affordable homes, says Rehda
PETALING JAYA (Nov 2): The government should consider setting aside 50% of the land near Mass Rapid Transit (MRT) stations for affordable homes, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said, Bernama reported today.
WCT names new largest shareholder Desmond Lim as executive chairman
KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.
Seacera aborts Semenyih land buy worth RM220 mil
KUALA LUMPUR (Nov 2): Seacera Group Bhd has aborted a plan to acquire Duta Nilai Holdings Sdn Bhd for RM220 million.
Infrastructure projects benefit only big players
KELANA JAYA (Nov 2): Budget 2017 may seem favourable to the construction sector as many infrastructure projects have been announced, but Master Builders Association Malaysia immediate past president Datuk Matthew Tee said the effect may be limited as only a few big players will be awarded the jobs.
Onus of affordable housing not just on developers
KELANA JAYA (Nov 2): Housing prices could only come down to the affordable level if all stakeholders were willing to work together to bring down the development cost, said Rehda (Real Estate and Housing Developers’ Association) Institute chairman Datuk Jeffrey Ng Tiong Lip.