Ekovest’s RM450m merger deal with Knusford lapse after third deadline extension expires
No details were disclosed on why the RM450 million deal was not concluded within the stipulated timeline.
Ireka faces RM1.07b contract termination over Pan Borneo Highway project
The termination proposal was triggered by the lapse of a project operation agreement between main contractor MTD Construction Sdn Bhd and Sabah-based Gammerlite, which was terminated on June 30 due to Gammerlite’s failure to secure the necessary funding.
EPIQ data reveal inflated prices in KL condo transactions that disrupt market valuations
If these hidden kickbacks are indeed influencing appraisals, they can infiltrate the valuation process and establish systemic errors.
The Real Deal: Will pay-per-use work in affordable housing?
A pay-per-use or opt-in model can potentially and quickly become an operational minefield.
No change to construction sector SST revenue threshold of RM1.5m, says Ahmad Maslan
Deputy Minister of Works Datuk Seri Ahmad Maslan told the Dewan Rakyat that the RM1.
Ekovest, Lim Kang Ho extend deadline for RM1.15 bil Credence deal to Aug 29
This is to allow more time for the company to discuss, negotiate and finalise the terms of the definitive agreement to be executed between the parties.
Ecobuilt bags RM35m job to build serviced apartments in Shah Alam
The project entails the construction of a 25-storey residential block which will house 264 units of serviced apartments.
Majestic Gen launches freehold terraced homes and shop offices in Penang mainland
The terraced homes, priced from RM585,000, measure 20ft by 70ft with a built-up of 1,789 sq ft.
Sime Darby Property's KLGCC Mall achieves 85% occupancy rate as of July
With a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences.
Abandoned housing: Why Housing Completion Guarantee System is a bad idea
Instead of minimising abandoned housing projects, the HCGS would potentially be counter-productive, because it would be akin to guaranteeing developers’ profit, even if they run away.
