News about l

KUALA LUMPUR (July 11): Versatile Creative Bhd said the due diligence for the development of medium-cost apartments, with a gross development value of RM110 million, in Johor Bahru has been delayed.

PETALING JAYA (July 11): Furniture manufacturer and property developer SYF Resources Bhd has seen take-up rates of at least 80% for its projects south of Kuala Lumpur in Bandar Sungai Long and Semenyih, Selangor.

SEREMBAN (July 11): Seremban-based Matrix Concepts Holdings Bhd will be making its debut in the Klang Valley with the launch of a serviced apartment project that carries an estimated gross development value of RM300 million in Kuala Lumpur.

KUALA LUMPUR (July 10): Newly-listed Advancecon Holding Bhd has today bagged a contract for the development and upgrading of the Pan Borneo highway in Sarawak for a contract sum of RM30.

SINGAPORE (July 10): CapitaLand recently announced its serviced residence segment, The Ascott, will acquire for A$180 million (RM588 million) an additional 60% stake in Quest Apartment Hotels.

Construction sector Maintain overweight: Domestic contract awards to listed contractors in the second quarter of 2017 (2Q17) amounted to RM4.

PEKAN (July 10): A permanent structure for the King Salman Centre for International Peace (KSCIP) will be built on a 16ha piece of land in Putrajaya, says Prime Minister Datuk Seri Najib Razak.

HONG KONG (July 10): The key to a successful and sustainable development lies in its occupants and users, said green building experts.

HONG KONG (July 10): China may not seem like a very good example of a sustainable built environment but it has certainly achieved a lot in a very short time.

Incorporating green features and technology in a non-green building can contribute towards greater cost-saving in the maintenance and management of the property in the long term.