Jiankun enters JV for RM1.2b GDV Kampung Baru PKNS flat redevelopment

KUALA LUMPUR (Jan 27): Jiankun International Bhd has entered into a joint venture (JV) agreement with Menara Rezeki Sdn Bhd (MRSB) and Menara Rezeki Properties Sdn Bhd (MRPSB) to redevelop the Flat PKNS Jalan Tun Razak in Kampung Baru here into a mixed residential and retail development with a gross development value (GDV) of RM1.

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Invoke Section 18A of the HDA to prosecute delinquent housing developers

Do we honestly need new laws to purportedly “offer more protection” for house buyers when the existing ones are adequate? Do we lack laws or the will to enforce them?  Would amending the Housing Development (Control &Licensing) Act, 1966 (Act 118) and their related Regulations honestly solve the problem of abandoned housing project? There is nothing wrong with the current laws.

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Property developer Radium Development seeks Main Market listing

KUALA LUMPUR (Dec 11): Radium Development Bhd, which is principally involved in the development of high-rise residential properties, is seeking a listing on the Main Market of Bursa Malaysia to raise funds for the group's land bank acquisition for future developments in the Klang Valley.

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