Berjaya Corp buys RM408.8m Yokohama land for development of Four Seasons project
BCorp said the project is expected to be developed over a period of four years and funded by bank borrowings and internal funds.
2022's property news round-up
The year is almost out as 2023 gets ready to take its place.
Sustainable practices in real estate market set to create a positive impact, says Knight Frank Malaysia
“The emergence of well-planned and professionally managed industrial parks shows the transitional shift toward a new generation of industrial developments with an emphasis on ESG attributes and advanced technology adoption.
DONE DEAL: Bungalow, Rimba Valley, Kota Damansara, Selangor
DONE DEAL: Condominium, Sunway Palazzio, Taman Sri Hartamas, Kuala Lumpur DONE DEAL: Terraced house, Kuala Terengganu, Terengganu The bungalow is strategically located in the exclusive and affluent neighbourhood of Kota Damansara, with an unobstructed nature and forest view.
Technologies may help cushion construction cost increase
“By the year 2030, the sector is expected to achieve digitalisation in at least half of its cycle.
Facing more than 40% rise in electricity cost, steel players seek review of new ICPT surcharge
With the tariff hike, it forecast that the steel industry’s annual electricity cost, which is estimated at RM1 billion in 2022, would rise to more than RM1.
Samaiden’s 531 kWp PV system at Sunway Nexis commences operations
“We must focus on the future of our planet and emphasise sustainability of renewable energy and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building.
Another 25bps OPR hike expected in January as November inflation stays elevated
In 2022, BNM raised the OPR four times at 25bps each, which upped the OPR level from its record low of 1.
Kuala Lumpur ranked No 2 among Airbnb’s trending destinations
KL is “pulling ahead of other popular tourist destinations around the world”.
