News about li

KUALA LUMPUR (March 31): Feasibility studies for the proposed RM4 billion Penang undersea tunnel are 87% complete, said Chief Minister Lim Guan Eng.

  STEPPING into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products.

KUALA LUMPUR (March 31): Mulpha International Bhd said its One&Only Hayman Island hotel along Australia's Great Barrier Reef "incurred significant damage" last Tuesday (March 28) from Cyclone Debbie.

EXSIM Development Sdn Bhd head of planning and development (residential/commercial) Michael Yam strongly believes that high-rise living is a trend that will soon become a norm in the major cities of Malaysia.

PUTRAJAYA (March 31): Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani (pictured).

SHAH ALAM (March 30): Pavilion Real Estate Investment Trust (Pavilion REIT) expects "flattish" rental growth in 2017 for its Pavilion Mall in Kuala Lumpur amid a challenging economic environment.

SINGAPORE (March 30): Centurion Corporation is developing a new 280-bed student accommodation in Adelaide, Australia.

KUALA LUMPUR (March 28): Malaysia Airports Holdings Bhd (MAHB) and DRB-Hicom Bhd are expected to be the key beneficiaries from the government's recently launched Digital Free Trade Zone (DFTZ), said CIMB Research.

SINGAPORE (March 28): TEE International has declared about S$200,000 (RM634,000) of earnings for the third quarter ended February 2017, down 72.

THE year 2013 was a seminal one for property developers.