Sarawak wants quicker way to develop NCR land
KUCHING (May 23): The state modernisation of agriculture, native land and regional development ministry has proposed an improved model to accelerate native customary rights (NCR) land development.
Hektar REIT declares 2.3 sen DPU for 1QFY17
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust's (REIT) net property income slipped 5.
Matrix Concepts plans to raise RM250 mil via sukuk
KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.
CIDB acts against contractor for site safety negligence
PETALING JAYA (May 22): Construction Industry Development Board of Malaysia (CIDB) has taken legal action against the main contractor of KL Eco City development in Bangsar, Kuala Lumpur, for safety negligence in the collapse of a link bridge that caused the death of a site worker.
Half of Phase 1A of Astaka’s Bukit Pelali township in Johor sold
SINGAPORE (May 22): Half of Phase 1A of Bukit Pelali at Pengerang in Johor state has been sold prior to its Friday launch, according to developer Astaka Holdings.
Gabungan AQRS finalising Dengkil land sale to PR1MA
KUALA LUMPUR (May 22): Gabungan AQRS Bhd expects to finalise the planned sale of its land in Dengkil, Selangor to PR1MA Corp Malaysia within the next three weeks under a proposed joint venture (JV) to develop affordable housing there.
UOA Development to launch three new projects this year with combined GDV of RM700 mil
KUALA LUMPUR (May 22): Property developer UOA Development Bhd will be launching three new projects this year with a combined total gross development value (GDV) of about RM700 million, according to the group’s senior manager Yap Kang Beng.
Time to allow mandatory IBS adoption to go ahead
KUALA LUMPUR (May 22): It is time for both the government and the private sector to go ahead to make industrialised building system (IBS) mandatory for adoption, with a deadline in mind instead of postponing it once again, Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said.
Industry veterans receive BOVAEA recognition
PETALING JAYA (May 22): The Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA) has honoured three veterans in the real estate industry at its annual BOVAEA Awards, in recognition of their contributions in the fields of property valuation, property management and real estate.
28 Dutamas celebrates completion, units to be handed over next month
KUALA LUMPUR (May 21): BTHomestead Development Sdn Bhd celebrated the completion of its 28 Dutamas condominium project in Kuala Lumpur this weekend.
