Pan Borneo Highway job awards out soon
KUALA LUMPUR (April 2): Twelve work packages for the Sabah portion of the Pan Borneo Highway (pictured) are expected to be awarded over the next two weeks, according to industry sources.
Kepong's new homes
Kepong sounds like a tired old place at the edge of Kuala Lumpur, which many would visit once in a while, lured by its variety of Chinese restaurants and food stalls — some which have been there for generations.
What’s next for property tycoon Lim?
PETALING JAYA (March 31): Property tycoon Tan Sri Lim Kang Hoo’s second thwarted attempt to unlock the value of his properties parked in Iskandar Waterfront City Bhd (IWC) and its largest shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) has raised questions over a potential third attempt, according to The Edge weekly.
See Hoy Chan plans to inject assets into REIT?
PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.
Court of Appeal rules that homebuyers must be heard before extension of time is applied
PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today.
IWCity down as selling pressure continues
KUALA LUMPUR (March 30): Iskandar Waterfront City Bhd (IWCity) shares shed five sen or 4.
Latest Ampang land buy seen as good deal for Titijaya
Titijaya Land Bhd (March 29, 53 sen) Maintain buy with an unchanged fair value of 95 sen: Titijaya Land Bhd has proposed to subscribe to a 99% equity interest in BJ Properties Sdn Bhd for RM9.
EcoWorld 1Q core earnings strengthen
KUALA LUMPUR (March 30): Eco World Development Group Bhd’s (EcoWorld) net profit for the first quarter ended Jan 31, 2018 (1QFY18), shrank 79% year-on-year (y-o-y) to RM24.
Firefighters battle blaze near Penang airport for over four hours
PETALING JAYA (March 30): After over four hours, firefighters had managed to extinguish a fire that broke out at four warehouses near the air cargo complex of the Penang International Airport at Batu Maung, Penang, last night.
DONE DEAL: Swiss Garden Residences, Jalan Galloway, KL
Rented for: RM3,000 per month (RM4 psf per month) Concluded by: Meifen Low (REN 06451) of Huttons OneWorld Realty (012-6530714) When: February 2018 Noteworthy: ● 750 sq ft ● High floor ● 2 bedrooms and 2 bathrooms ● Fully furnished ● Managed by Swiss Garden International Hotel ● Located in Kuala Lumpur’s Golden Triangle, within walking distance to Pavilion, Starhill Gallery and many other malls According to Meifen Low, the negotiator who closed the deal, the owner is an investor from East Malaysia who bought the unit many years ago.
