After terminating six EPCC contracts abroad, SCIB secures RM64m job in KL
KUALA LUMPUR (Nov 12): Sarawak Consolidated Industries Bhd (SCIB) has secured an engineering, procurement, construction, and commissioning (EPCC) contract worth RM63.
Repainting: It’s more than a new coat of colour
Repainting a building is perhaps one of the biggest projects most building managements undertake.
Property sector: Anticipated robust sales in 4Q21 with pent-up demand could lead to strong 2022 earnings recovery — UOB Research
KUALA LUMPUR (Nov 9): While developers’ property sales in the upcoming third quarter of 2021 (3Q21) financial reports could be weak amid the lockdown, UOB Research expects it to be more resilient this time versus 2Q20’s lockdown, thanks to ongoing digitalisation efforts (virtual marketing).
PNB Merdeka Ventures partners Oakwood Premier to open the first serviced residential tower in Merdeka 118
KUALA LUMPUR (Nov 3): PNB Merdeka Ventures Sdn Bhd (PMVSB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB), has partnered with Oakwood Premier Kuala Lumpur to introduce an Oakwood Premier-branded residential tower to Kuala Lumpur’s iconic Merdeka 118 precinct in 2024.
Sime Darby's Maya Ara Residences registers 90% take-up via virtual launch
PETALING JAYA (Nov 3): Sime Darby Property today announced a 90% take-up of its latest high-rise product, Maya Ara Residences, which was launched virtually.
Domestic tourism to bounce back faster, though full recovery only in 2025, says MATTA
KUALA LUMPUR (Nov 2): Local tour and travel agents expect domestic tourism in Malaysia to rebound faster than earlier anticipated as more people become confident to travel, with 95% of Malaysia's adult population fully vaccinated against Covid-19 as of Oct 19 and as new cases continue to fall.
Kinta Properties launches Ixora2 and Iris
PETALING JAYA (Nov 2): Kinta Properties Sdn Bhd launched semi-detached homes Ixora2 and Iris in Bandar Baru Sri Klebang, Ipoh last month.
Budget 2022: Malaysia needs GST to weather turbulence ahead, say experts
KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.
EPF: Members need to work 4-6 years more to rebuild savings used during pandemic
KUALA LUMPUR (Nov 1): The Employees Provident Fund said RM101 billion has been disbursed to over 7.
MIEA urges govt to extend housing loan scheme to M40
PETALING JAYA (Nov 1): Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market.
