Sime Darby to dispose of RM1bil freehold estate land
PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.
PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.
KUALA LUMPUR (March 11): Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah called for the government to continue the fight against corruption as the menace burdens the people and destroys the foundation of a country.
TANJUNG BUNGAH (March 8): Penang Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo hopes a separate law on urban regeneration could be proposed to the Attorney General’s Chamber (AGC) for consideration to allow for the process to be carried out smoothly.
PETALING JAYA (Feb 26): Shah Alam City Council (MBSA) has clarified that the plot of land near the Bukit Cerakah Forest Reserve in Shah Alam is not part of the forest reserve.
KUALA LUMPUR (Feb 26): Urban development policies have been “for too long” under the purview of “politicians who often make decisions on what wins the most votes”, president of the Malaysian Institute of Planners (MIP) Ihsan Zainal Mokhtar (pictured) told the Malay Mail recently.
PETALING JAYA (Feb 16): The lower plot ratios for property developments under the newly-gazetted Kuala Lumpur City Plan 2020 (KLCP 2020) will likely drive down the prices of development land in the capital as project densities – and consequently profitability – are reduced, reported The Edge Malaysia.
KUALA LUMPUR (Feb 13): Penang Chief Minister Chow Kon Yeow has strongly refuted claims that the cost of the state's proposed Pan Island Link 1 (PIL 1) highway has further escalated to an exorbitantly priced figure of RM9 billion as claimed.
KUALA LUMPUR (Feb 11): Property projects, which were previously granted approval in principle with a higher plot ratio than what is permitted under the newly gazetted Kuala Lumpur City Plan 2020 (KLCP 2020), are required to seek fresh approval from Kuala Lumpur City Hall (Dewan Bandaraya Kuala Lumpur, DBKL).
PUTRAJAYA (Jan 30): Amid the slew of financial scandals seen since the change in regime last year, such as the ones involving 1Malaysia Development Bhd, Lembaga Tabung Haji and the Federal Land Development Authority, the Pakatan Harapan government yesterday launched a five-year action plan to stem similar misdeeds in the future.
GEORGE TOWN (Jan 29): Non-residents of Penang are now allowed to purchase affordable homes in the state as the authorities here attempt to fix the “overhang situation”.