Fewer sick, delayed, abandoned private housing projects recorded—Aiman Athirah
During the same period, the number of sick projects dropped from 353 to 335, while abandoned projects dropped by two from 107 projects.
Fadillah: Flood risk now a key factor in approving housing projects
Deputy Prime Minister Datuk Seri Fadillah Yusof said all development applications submitted through a one-stop centre must undergo a comprehensive evaluation by technical agencies, including the Department of Irrigation and Drainage (DID), to ensure that drainage and flood mitigation aspects are taken into account before approval is granted.
Sime Darby Property launches nation’s first residential solar project
Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican: Through rooftop leasing, they can earn additional income without bearing the cost of installing solar panels.
Housing Development Act to be amended to cover sick commercial projects
The legislation, also known as Act 118, currently does not cover commercial projects such as shop lots and offices, while only regulating residential projects by requiring developers to obtain licences with strict conditions, said Housing and Local Government Minister Nga Kor Ming.
A majestic masterpiece of Picasso Residence
Inspired by Pablo Picasso, one of the greatest and most influential artists of the 20th century, Picasso Residence offers a contemporary architectural facade that provides a spectacular view of the Petronas Twin Towers and the beautiful skylines of Kuala Lumpur.
Discover tranquil living: An in-depth look at Bamboo Hills Residences
Bamboo Hills Residences, a project by the esteemed Concord Housing Development Sdn.
Econpile wins RM98m bored piling job for industrial project in Kapar
The project is scheduled to be completed within 13 months, starting from July 30, and is expected to contribute positively to Econpile’s revenue and earnings from the financial year ending June 30, 2026 onwards.
Scanwolf secures RM42 mil sub-structure contract for mixed-use project in KL in related-party deal
According to Scanwolf, the contract involves sub-structure works for a mixed-use development in Jalan Ampang, featuring a 69-storey SOHO block (775 units), a 78-storey SOVO block (1,440 units), and a 10-storey podium housing retail units, utilities, and parking.
Construction stocks slip as govt shies away from new megaprojects
Analysts covering construction stocks are neutral to positive on Budget 2025, taking into account the slight decline in net development expenditure, absence of new megaprojects, and lack of details for key projects such as the third phase of the Klang Valley Mass Rapid Transit (MRT3).
LBS’ 2Q net profit up 5% on property projects
LBS said it has secured total property sales of RM794 million on the back of RM293 million in bookings as of August 21.
