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MARC noted Sime Darby Property recorded an average take-up rate of 92% as at Nov 6, 2022 for recent launches.

“We strongly support the calls made by other professional bodies to maintain the foreign worker management system under the Ministry of Human Resources as it will not only minimise bureaucratic red tape but also streamline the process within one ministry.

Economists believe the government is unlikely to slash subsidies abruptly in Malaysia, especially those regarding electricity and petrol.

DONE DEAL: Condominium, Sunway Palazzio, Taman Sri Hartamas, Kuala Lumpur DONE DEAL: Terraced house, Kuala Terengganu, Terengganu Located in the exclusive township of Bukit Bandaraya, Shah Alam, the exquisite landed property is surrounded with a myriad of flora and fauna as well as other amenities.

The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.

The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.

BCorp said the project is expected to be developed over a period of four years and funded by bank borrowings and internal funds.

The “highly anticipated luxury co-working and event space’s modern and trendy interior” will be “designed, built and managed by Colony with Sunsuria overseeing as a stakeholder”.

The year is almost out as 2023 gets ready to take its place.

“The emergence of well-planned and professionally managed industrial parks shows the transitional shift toward a new generation of industrial developments with an emphasis on ESG attributes and advanced technology adoption.