KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.
GEORGE TOWN (June 8): The expected influx of high-rise residential units, partly due to more launches of affordable homes, is likely to put a cap on prices in Penang in the next few years.
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
FROM its trendy restaurants to its art and culture centres, Melbourne has long presented itself as one of the most desirable places to live and work.
• Today, we continue our focus on Kota Damansara by looking at average prices on a per square foot (psf) basis.
LOS ANGELES (June 7): The famous Playboy mansion which has hosted countless exotic parties is set to receive a new yet familiar owner — its next-door neighbour, according to a recent report by The Wall Street Journal.
PENANG-based developer Ideal Property Group plans to launch RM2.
JOHOR BAHRU (June 6): A property agent here has found out the hard way that it does not pay to cheat clients.
SEOUL (June 6): The South Korean ministry of land, infrastructure and transport (Molit) plans to engage with the relevant parties in Malaysia to promote its high-speed rail (HSR) technology, in a move to facilitate a South Korean consortium’s bid for the upcoming 375km Kuala Lumpur-Singapore HSR project.
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