Berjaya Land exits long-delayed Vietnam financial centre project
KUALA LUMPUR (June 5): After nearly a decade of delays in project execution, Berjaya Land Bhd (BLand) decided to call it a day.
S P Setia expects property market to improve
JOHOR BAHRU (June 4): Property developer S P Setia Bhd expects the country’s property market to return to growth after the Goods and Services Tax (GST) was zero-rated from June 1.
LBS Bina to go ahead with Zhuhai project
PETALING JAYA (June 4): LBS Bina Group Bhd will not be holding back on its development project to transform the Zhuhai International Circuit in China although the joint development deal with NWP Holdings Bhd has lapsed.
No more cronyism, organisations say to Ting, corporate sector
PETALING JAYA (June 4): As many as 20 civil society organisations (CSOs) have urged Tan Sri Ting Pek Khiing (pictured) and the corporate sector in general to uphold transparency, accountability and integrity in all development projects, regardless whether the projects are publicly, privately or jointly owned and financed.
Affordable housing with 1Malaysia tag to be rebranded
PUTRAJAYA (June 4): About 11 affordable housing agencies bearing the 1Malaysia tag will be rebranded, said Housing and Local Government Minister Zuraida Kamaruddin (pictured).
KLVC developer files RM100m suit against ex-Felda chief Shahrir
KUALA LUMPUR (June 4): The master developer for the Kuala Lumpur Vertical City (KLVC) project, Synergy Promenade Sdn Bhd, has filed a RM100 million defamation suit against former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Abdul Samad (pictured) in his personal capacity.
Mulia to align Exchange 106 development with current govt's mandate
PETALING JAYA (JUNE 4): Indonesia commercial property developer Mulia Group, who owns 49% of the Exchange 106 office building at Tun Razak Exchange (TRX) in Kuala Lumpur, is seeking guidance from the new Malaysian government on the project.
Daim: Media has critical role in monitoring government land deals
PETALING JAYA (June 4): Chairman of the Council of Eminent Persons Tun Daim Zainuddin (pictured) said the local media plays an important role in ensuring land deals made by the government are carried out in a fair and transparent way, reported The Star.
Review of contracts to be handled via diplomatic channels, says Daim
PETALING JAYA (June 4): Contracts with China and Singapore that are being reviewed will be handled via diplomatic channels, says Tun Daim Zainuddin (pictured).
TTDI folk claim developer did not implement communication strategy as part of DO
PETALING JAYA (June 3): Save Taman Rimba Kiara Working Group (STRKWG) and Taman Tun Dr Ismail resident’ Association (TTDI RA) have reiterated that Memang Perkasa Sdn Bhd should not proceed with the construction of a contentious high-rise high-density residential development in the neighbourhood as the developer allegedly did not comply with the requirements of the development order.
