2017 to be a challenging year for construction industry
THE end of the year is a time to reflect on the challenges faced and achievements made in the past year and to remind ourselves that all may not be so rosy next year.
Raffles Country Club to make way for HSR facilities
SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.
重点报道：商业和住宅房产的七大不同
为了满足雪兰莪居民对房屋的需求，雪州政府已规定发展商必须在本身的的服务式公寓、Small-office Home-office (SoHo)、Small-office Versatile-office (SoVo) 和Small-office Flexible-office (SoFo)项目中，拨出30%的单位列为可负担房屋。 其中，可负担服务式公寓的售价，最高只能设在每间RM270,000，可负担SoHo、SoVo和SoFo的最高售价则是每间RM230,000。 根据雪州房屋及物业委员会的指南，首购族及每月收入不超过RM15,000的家庭，才有资格购买这些可负担单位。 但值得一提的是，这些产业基本上是能够作为住宅或办公室的商业房产，因此，并不是所有人都适合这类型的房产。 Kim Realty Sdn Bhd 的行政总裁Vincent Ng 告诉TheEdgeProperty.
CapitaLand in alleged lease dispute with UK art gallery
SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
Construction sector to normalise to RM25 bil this year, says HLIB Research
KUALA LUMPUR (Jan 4): The Malaysian construction sector is expected to see downward normalisation this year, in which the domestic contract is projected to come in at RM25 billion, after achieving a record higher base in 2016, according to Hong Leong IB Research (HLIB).
Vivocom wins jobs worth RM71.3 mil
KUALA LUMPUR (Jan 4): Vivocom Intl Holdings Bhd has won two contracts worth a combined RM71.
Rafizi: Public to ultimately bear burden of inflated MRT costs
KUALA LUMPUR (Jan 4): Malaysians will likely face higher taxes in future to help the government pay for the construction cost of the mass rail transit (MRT) project, which may hit above RM100 billion, according to Pandan member of parliament Mohd Rafizi Ramli.
Mixed bag of results for global property markets
THE year has been a mixed bag for the global property markets; some have performed fairly well while some, like in Malaysia, are wishing for better days ahead.
Country Heights’ Lee to sell Mines Resort land
TYCOON Tan Sri Lee Kim Yew, who is behind the development of Mines Resort City in Seri Kembangan, Selangor, is putting up 38.
