Highland Towers site — is revival possible?
With a name synonymous with tragedy, the Highland Towers site located in Ulu Kelang, Selangor has long been abandoned since a block of the condominium collapsed in December 1993, killing 48 people.
Public housing scheme to model Singapore’s HDBs
PETALING JAYA (July 13): Malaysian social housing may have its image transformed as the Housing and Local Government Ministry look to Singapore's Housing and Development Board's (HDB) model to address its disorganised system.
Penang to seek federal funding for PTMP if land reclamation not allowed
PETALING JAYA (July 13): Penang will request for federal funding for its Penang Transport Master Plan (PTMP) if its application to reclaim land from the southern coast of the island to create three man-made ones is rejected, reported the Malay Mail.
Here’s why prices of properties near the shelved LRT 3 stations won’t tumble
PETALING JAYA (July 13): While the government’s decision to drop six stations from the LRT3 may have caused a stir among the public, property consultants reckon the effects of the move is not significant and prices of properties along the scrapped stations will not tumble.
All BN reps on DBKL advisory board quit
PETALING JAYA (July 13): All seven Barisan Nasional (BN) representatives on the advisory board of Dewan Bandaraya Kuala Lumpur (DBKL) have resigned after receiving their formal letters, reported The Malaysian Insight.
George Kent and MRCB see active trading on news of LRT3 continuation
KUALA LUMPUR (July 13): Shares of Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd were among the most active counters in the morning trade today, as the Pakatan Harapan led-government gave the green light to carry on the light rail transit 3 (LRT3) project yesterday.
WCT active, jumps 7.23% on landing RM555m contract
KUALA LUMPUR (July 13): WCT Holdings Bhd jumped 7.
RM114m to subsidise residential power surcharge in 2H18
KUALA LUMPUR (July 13): Domestic users are the first priority for Putrajaya, which will utilise RM114 million from the Electricity Industry Fund (KWIE) to subsidise nearly 82% of residential power users in the second half of the year, according to Energy, Technology, Science, Climate Change and Environment minister Yeo Bee Yin (pictured).
Lafarge’s RM270m cement contract for ECRL project suspended
KUALA LUMPUR (July 13): Lafarge Malaysia Bhd’s RM270 million cement supply contract for the proposed East Coast Rail Link (ECRL) project has been suspended by China Communications Construction Sdn Bhd, following the suspension of the ECRL project pending a government review.
Non–cancellation of LRT3 a short term reprieve for contractors, says CIMB Research
KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.
