Advancecon bags RM27 mil earthworks contract for Rawang project
Prior to the current earthworks contract for the Gamuda Gardens Park project, Advancecon had previously completed earthworks for the adjacent Gamuda Gardens township in Rawang in 2020.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur
DONE DEAL: Shophouse, Bukit Gasing, Petaling Jaya, Selangor You’ll hear about many neighbourhoods being referred to as the ‘Beverly Hills’ of Kuala Lumpur, but none embody that title more so than Bukit Damansara or Damansara Heights.
YTL Land’s link houses in Kwasa Damansara fully sold, townhouses 80% taken up
The townhouses, with built-ups of 1,559 sq ft, come with a three-bedroom layout and are priced from RM730,000.
CapitaLand Malaysia Trust ventures into industrial segment with acquisition of three Iskandar M'sia factories for RM27m
Post transaction, the REIT’s enlarged portfolio will consist of 10 properties, with the proportion of industrial and logistics properties increasing from 10% to 11% of its total portfolio's net lettable area of approximately 4.
AZRB subsidiary faces winding-up petition over unsettled outstanding amount
AZRB considered the outstanding sum claimed by FMSB through the winding-up proceeding as not a material debt.
HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape
The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.
Prospects and possibilities of Malaysia’s property market in 2024
Immediate past MIEA president Chan Ai Cheng highlighted the significant opportunity in the market arising from KPKT’s recent proposal to reduce the 100% consent threshold requirement for en-bloc sales.
Mah Sing inks agreement for industrial land in Sepang, first parcel of 185-acre Mah Sing Business Park to yield RM728 million GDV
The landowner Premier Land Resources Sdn Bhd has also granted the option to a Mah Sing subsidiary to purchase an additional approximately 376.
Analysts expect forward earnings growth for CLMT
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
Daim-linked Avillion says business as usual
On Monday (Jan 29), Avillion and 23 of its subsidiaries were listed among the 71 assets listed in the MACC’s charge sheet in charging Daim for failing to declare his assets to the anti-corruption body.
