Kuala Lumpur Kepong’s 3Q earnings up 2.6%
KUALA LUMPUR (Aug 18): Kuala Lumpur Kepong Bhd’s (KLK) net profit rose 2.
SRS Consortium accepts LoA extension as PDP for Penang Transport Master Plan
KUALA LUMPUR (Aug 4): SRS Consortium Sdn Bhd, a 60:20:20 joint venture among Gamuda Bhd, Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, has duly accepted an extension of a letter of award (LoA) by the Penang state government to Feb 28, 2017 for its appointment as the project delivery partner (PDP) for the implementation of the Penang Transport Master Plan (PTMP).
Shoebox units to kick off in Penang?
KUALA LUMPUR (July 27): Escalating housing prices and the changing needs of young buyers have spurred interest in shoebox-sized apartments on Penang island, said Henry Butcher Malaysia (Penang) Sdn Bhd director Jason Teoh.
Cost of Penang Transport Master Plan to balloon to RM46b, says project delivery partner
GEORGE TOWN (July 22): The Gamuda Bhd-led SRS Consortium confirmed that the initial cost of RM27 billion for the Penang Transport Master Plan (PTMP) has ballooned to an estimated RM46 billion, after additional components were added by Seberang Perai Municipal Council (MPSP).
IOI Properties unveils JW Marriot Hotel in Singapore
KUALA LUMPUR (July 15): IOI Properties Group Bhd’s joint venture with Singapore-listed developer City Developments Ltd — South Beach Consortium Pte Ltd — recently announced its collaboration with Marriott International to launch the JW Marriott Hotel Singapore South Beach.
Singtel subsidiary wins S$10m contract to develop Smart HDB towns
SINGAPORE (July 12): Singtel Group's subsidiary, NCS, was awarded a S$10 million contract on Monday by Singapore’s Housing & Development Board (HDB) to develop a new Smart Urban Habitat Master Plan (SUHMP).
Noh Omar is new Urban Wellbeing, Housing and Local Government Minister
PETALING JAYA (June 27): Former Agriculture and Agro-based Industry Minister Tan Sri Noh Omar is now the Minister of Urban Wellbeing, Housing and Local Government following a cabinet reshuffle today.
Prices in Penang move sideways in the first quarter
THE Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners.
Fomca backs Nube's interest-free housing loan plan
PETALING JAYA (April 20): The Federation of Malaysian Consumers Associations (Fomca) backs the National Union of Bank Employees' (NUBE) plan of interest-free housing loans for its members in the middle- and lower-income segments, Bernama reported today.
Kedah wants full-fledged airport in Kulim
KULIM (April 15): The proposed Kulim International Airport (code-named KXP) is back to being a full-fledged passenger and cargo airport in the final proposal to be submitted by the Kedah government to the prime minister in the third quarter of 2016.
