Johor to provide 100,000 affordable homes in 5 years
PETALING JAYA (July 31): Johor aims to provide 100,000 modestly-priced homes in the next five years under its Johor Affordable Housing Scheme (RMMJ), reported The Star.
EcoFirst to launch Phase 2 of Ampang Ukay, targets higher sales in FY19
KUALA LUMPUR (July 30): Property developer EcoFirst Consolidated Bhd is aiming for a higher sales target of around RM240 million in the financial year ending May 31, 2019 (FY19) as it banks on two ongoing projects and another two in the pipeline.
DBKL to review Sri Petaling high-rise project
PETALING JAYA (July 30): Dewan Bandaraya Kuala Lumpur (DBKL) will review a proposed high-rise residential development on a piece of vacant land in Taman Sri Endah, Sri Petaling that has invoked the ire of locals seeking to protect the neighbourhood’s green space.
Shareholders of EcoFirst can expect dividends in the next six months
KUALA LUMPUR (July 30): Shareholders of property developer EcoFirst Consolidated Bhd can expect a dividend payout as early as the next six months as the company is mulling a dividend policy, said group CEO Datuk Tiong Kwing Hee.
Sri Petaling apartment project to undergo DBKL review
KUALA LUMPUR (July 30): Kuala Lumpur City Hall (DBKL) will review a proposed development in Sri Petaling, after residents expressed worries over conserving the green lung in the area.
Flash floods in Penang after heavy rainfall
GEORGE TOWN (July 30): Due to heavy rain that fell throughout the night, several areas in Penang have experienced flash floods today.
Penang expo to showcase affordable homes
PETALING JAYA (July 30): Penang State Housing, Bank Negara Malaysia (BNM), and the Election Commission (EC) will join 13 developers, at the Penang Affordable Housing Expo where a total of 6,284 units of modestly priced housing will be available.
Kepong residents fear worsening traffic due to apartment project
KUALA LUMPUR (July 30): Metro Prima high-rise residents in Kepong worry about congestion and a lack of parking in their neighbourhood due to the new four-block apartment project being built.
UPDATE: 1MDB land surreptitiously sold to Cayman Islands firm
KUALA LUMPUR (July 30): Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.
MRCB-George Kent JV, Prasarana welcome LRT3 probe to allay all doubts
KUALA LUMPUR (July 30): MRCB George Kent Sdn Bhd (MRCBGK), the project delivery partner of the 37km light rail transit Line 3 (LRT3) project, said it has been cooperating closely with the finance ministry in reducing the cost of the project, welcoming media reports that the authorities have begun investigations into the LRT3 to determine if there were elements of corruption and financial mismanagement.
