Hotel-office development proposed at Residensi HELP building
KUALA LUMPUR (July 24): Dewan Bandaraya Kuala Lumpur (DBKL) has received a proposal to convert the institutional land status of the former HELP University student accommodation to commercial, which would pave the way for the development of a mixed-use commercial building.
New national housing policy out earlier in September — minister
KUALA LUMPUR (July 24): A new national housing policy is scheduled to be unveiled three months earlier in September, says Housing and Local Government Minister Zuraida Kamaruddin.
LRT3 cost may climb due to cuts
PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.
Deputy speaker asks minister to ensure cows do not stay in condominiums
KUALA LUMPUR (July 24): Cows and condos.
Ideas: Malaysia needs to be ready for the property bubble to burst
KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).
CCC-ECRL confirms staff lay-offs following suspension of ECRL project
KUALA LUMPUR (July 24): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has taken the necessary steps to rationalise its workforce in view of the finance ministry’s (MoF) instruction to suspend work on the 688km East Coast Rail Link (ECRL) project, according to its media statement yesterday.
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
CAP says RM1b loan for Penang Transport Plan may burden Penang residents
PETALING JAYA (July 23): The Penang state government should not be asking for the RM 1 billion loan to accelerate the Penang Transport Master Plan (PTMP) implementation and the Federal Government should not be providing such a loan, said the Consumers Association of Penang (CAP) in a press release today.
'Off River Storage' project status in question
MELAKA (July 23): The status of the RM300 million Off River Storage (ORS) project needs clarification by the state government, according to Syarikat Air Melaka Bhd (SAMB).
