News about li

KUALA LUMPUR (July 7): The construction of The Address in Taman Desa is expected to be temporarily suspended until after a judicial review in Aug 28, according to the Protect Taman Desa Coalition (PTDC).

KUALA LUMPUR (July 7): The Canada Pension Plan Investment Board (CPPIB) is negotiating with Malton Bhd on the purchase of a 49% stake in Pavilion Bukit Jalil mall, The Edge weekly reported in its July 9, 2018 issue.

PETALING JAYA (July 6): Eco World International Bhd’s (EWI) maiden Melbourne project, the A$243 million Yarra One tower began construction today.

The government has acted to cool the red hot residential property market.

PETALING JAYA (July 6): The members who were appointed by the previous government into the advisory board of the Kuala Lumpur City Hall (DBKL) have voiced their readiness to resign, subject to proper procedure.

Paramount Property Beh Chun Chong  Paramount Property CEO “The improved property market is expected to sustain until the end of the year.

LBS Bina Group Tan Sri Lim Hock San LBS Bina Group managing director “We are cautiously optimistic about the market outlook until the end of this year because we expect to see a gradual improvement in the economy which will in turn raise market confidence.

UEM Sunrise Bhd Anwar Syahrin Abdul Ajib UEM Sunrise Bhd managing director and CEO “The outlook is generally optimistic for 2018, following the smooth government transition post-GE14, and the public is hopeful of positive changes to be brought about by the new government.

Construction sector Maintain underweight: According to The Edge Markets, East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRL) has ordered its main contractor, China Communications Construction Co Ltd (CCCC), to immediately suspend all ongoing works relating to the engineering, procurement, construction and commissioning scope of the ECRL.

PETALING JAYA (July 6): Experience a new way of viewing and buying property at EdgeProp.