In Singapore, buyers zoom in on most expensive condos
At Le Nouvel Ardmore, a 4,004 sq ft, four-bedroom unit on the seventh floor of the 33-storey luxury condo tower was sold for S$16 million (RM50.
LBS’s earnings visibility seen healthy for next two years
LBS Bina Group Bhd (Aug 30, RM1.
New machines to improve efficiency of MRT2 tunnelling works
GUANGZHOU (Sept 5): MMC-Gamuda KVMRT (T) Sdn Bhd has started the groundwork for the construction of the second Klang Valley mass rapid transit (KVMRT2).
Smart design and affordability — can they go hand-in-hand?
PETALING JAYA (Aug 29): Our lives are becoming increasingly “smarter” as we move into the future.
MRT 2 tunnelling works to start in 1Q18
GUANGZHOU (Aug 30): Tunnelling works for the Mass Rail Transit Sungai Buloh-Serdang-Putrajaya (SSP) Line’s second phase (MRT 2) are expected to begin in the first quarter of 2018 (1Q18) for completion by mid-2019, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
Pasukhas gets RM14 mil claim from contractor for Menara Warisan Merdeka project
KUALA LUMPUR (Aug 29): Pasukhas Group Bhd has been dragged into an arbitration proceeding by the main contractor for the 118-storey Menara Warisan Merdeka project, over an alleged breach of subcontract works worth RM14 million.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
Renewed interest in ageing mixed-use developments on Orchard Road
The collective-sale fever has returned, and some investors are adopting a long-term position by buying units in ageing, freehold buildings in the prime Orchard Road belt.
NEWSBREAK: 76% of South Brooks Condos snapped up over the weekend
PETALING JAYA (Aug 28): The only residential project launch in Desa Parkcity this year, South Brooks saw 76% of its units taken up within two days during its priority sales event last weekend.
Eco Galleria phase 1 retail units at Eco Botanic 70% sold
PETALING JAYA (Aug 28): Eco World Development Group Bhd’s (EcoWorld) high-street mall Eco Galleria at Eco Botanic in Johor Bahru has recorded a 70% take-up for phase 1.
