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GEORGE TOWN (Nov 18): More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP).

THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.

This is the third in a series of four snapshots on South Central Petaling Jaya.

STEEL tycoon Tan Sri William Cheng Heng Jem (pictured, below) has been selling land of late.

PETALING JAYA (Nov 17): Malaysian and SIngaporean-owned Kairos & Dashen Resources (Rompin) Bhd is looking for developers and hotel and theme park operators to jointly develop its South Oceans beachfront mixed-use development in Kuala Rompin, Pahang.

THE two-phase Pavilion Damansara Heights mixed-use development in Kuala Lumpur, being undertaken by Tan Sri Desmond Lim Siew Choon in partnership with the Canada Pension Plan Investment Board (CPPIB), will have a gross development value of RM7 billion, sources familiar with the project say.

PETALING JAYA (Nov 17): Mah Sing Group Bhd introduced dual-key apartment units during a preview of the third block of its serviced apartments at its D’Sara Sentral integrated development at Sungai Buloh last weekend.

IPOH (Nov 17): The state government must explain why the Perak Umno building is able to sit on prime land by paying only a nominal premium charge of RM100 per lot, says Canning assemblyman Wong Kah Woh.

PETALING JAYA (Nov 16): Block C of Maple Residences serviced apartments in Bandar Bestari Klang, Selangor, by KSL Holdings Bhd is 40% sold since it was launched on Nov 1, said project director Patrick Khoo.

GEORGE TOWN (Nov 17): A DAP assemblyman says the state government should set up a World Heritage Site Fund to restore and preserve heritage sites in the Unesco city of George Town.