SkyWorld to launch three projects

WHILE some major developers are holding back their launches in view of the challenging market conditions, SkyWorld Development Sdn Bhd aims to make its presence known to the public.

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CIDB: Public projects worth RM50m and above to adopt MyCREST

KUALA LUMPUR (May 12): The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.

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Urbane living

AMPANG Jaya is one of the older suburbs in Kuala Lumpur that has been able to retain its idyllic verdant surroundings.

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LBS Bina expects sales cancellation rate of 30% this year

KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.

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