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KUALA LUMPUR (July 9): HSS Engineers Bhd associate company HSS Integrated Sdn Bhd (HSSI) has received a letter from China Communication Construction (ECRL) Sdn Bhd on the suspension of the East Coast Rail Link (ECRL) project, Bernama reported today China Communication Construction (ECRL) Sdn Bhd received the letter from the project owner, Malaysia Rail Link Sdn Bhd, on July 4.

KUALA LUMPUR (July 9):  The deadline for Prasarana Malaysia Bhd and Singapore’s SMRT Corp Ltd to create a joint-venture company to operate the Johor Bahru-Singapore Rapid Transit System (RTS) Link has been missed, Singapore’s transport minister Khaw Boon Wan has been reported as saying.

KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).

KUALA LUMPUR (July 9): Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM81 billion East Coast Rail Link, has dismissed today news reports that suggest construction work is continuing on the ECRL despite a suspension order having been issued.

KUALA LUMPUR (July 9): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM122 million contract to undertake working bored piles for the proposed Pavilion Damansara Heights (Parcel 2) mixed development at Jalan Damanlela here.

KUALA LUMPUR (July 9): UOB Kay Hian Securities (M) Sdn Bhd believes Malaysian Resources Corp Bhd (MRCB) would not be affected if Prasarana Malaysia Bhd is unable to raise additional funds to complete the construction of the third light rail transit (LRT3), which has reached 10% to-date.

PETALING JAYA (July 9): All 50 units of Ramah Pavilion condominium in Teluk Kumbar, Penang island, under the developer’s rent-to-own (RTO) scheme were taken up by interested buyers within two months after the scheme was introduced in mid-April.

KUALA LUMPUR (July 9): Former prime minister Datuk Seri Najib Tun Razak today paid up the remaining half a million ringgit of his RM1 million bail over his case involving three counts of criminal breach of trust and one count of abuse of power relating to RM42 million belonging to SRC International Sdn Bhd, reported Bernama.

Buying your first home can be pretty overwhelming.

KUALA LUMPUR (July 9): The Republic of Singapore is still waiting for an official reply from Malaysia about the status of the mega Kuala Lumpur-Singapore high-speed rail (HSR) project.