Proposed Labu aviation hub ‘fine’ for MRO, but not airport

KUALA LUMPUR (July 2): Almost 10 years after the federal government shot down a proposal to build an airport funded by the private sector in Labu, Negeri Sembilan, the topic has been revived after the Pakatan Harapan state government announced its intention to develop an aviation hub there.

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Pasarakyat’s Jho Low connection

PETALING JAYA (June 30): Ladang Impian 1 Sdn Bhd (LI1SB) which held a 15-year lease upon on the four acres upon which Pasarakyat was located, was paid RM35 million to terminate its lease seven years ahead of its expiry on January 1 this year, reported The Edge weekly.

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TRX City sees 'renewed confidence' among investors in TRX post-GE14

KUALA LUMPUR (June 28): There appears to be a sense of “renewed confidence” in the Tun Razak Exchange (TRX) development, following the country’s 14th general election (GE14) that saw a change in government for the first time in Malaysia since its independence from Britain, according to the project owner and master developer TRX City Sdn Bhd.

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DONE DEAL: 1.5-storey factory, Perai Industrial Estate, Penang

Rented for: RM75,000 a month Concluded by: J T Tan (REN 08365) of Khoo & Associates Realty (012-392 6682) When: Feb 14, 2018 Noteworthy: ● A factory with a land area of 121,968 sq ft and built-up size of 72,000 sq ft ● Nearby amenities: Juru Auto City, banks and various eateries ● About 4km away from Bukit Tengah Industrial Park, 8km away from Penang Bridge, 28km to George Town, 26km away from Bayan Lepas Industrial Park and Penang International Airport Situated close to the Penang Bridge, Perai Industrial Estate is a home for light and medium industries that create work opportunities for the locals.

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