Latest News
Ikhmas Jaya Secures RM189m Contract from BBCC Project
Market Updates • Writer • Jun 6, 2017
A subsidiary of Ikhmas Jaya Group has been appointed to carry out the substructure works for the RM8.7 billion Bukit Bintang City Centre (BBCC) project at Jalan Pudu in Kuala Lumpur.
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Longhouse Folks Suffering Over Move to New PPR Units
Market Updates • Writer • Jun 6, 2017
The 815 households living in the rundown Jinjang Utara longhouses are now in the process of getting their permanent houses at PPR Seri Aman after waiting for 25 years.
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KWAP to Invest in TRX Only Through Viable Partnership
Market Updates • Writer • Jun 6, 2017
Lacking the capacity to develop the two projects on its own, Retirement Fund Inc (KWAP) said it will only invest in Bandar Malaysia and the Tun Razak Exchange (TRX) if there is a viable partner.
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Knight Frank Launches Asia-Pacific Residential Review
Market Updates • Writer • Jun 6, 2017
Knight Frank, the independent global property consultancy, today launches the May 2017 issue of Asia-Pacific Residential Review, tracking cross-border residential land acquisition activity in Asia-Pacific.
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Shop Owners Unhappy Over Long Wait
Market Updates • Writer • Jun 5, 2017
Some people who have bought shop units at Sungai Long in Kajang complained that they were not able to use their properties despite their completion a year ago due to the absence of the Certificate of Compliance and Completion (CCC).
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Residents Want Sustainable Development in Taman Rimba Kiara
Market Updates • Writer • Jun 5, 2017
Experts and nearby residents are opposed to a massive project at Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) as it would not only significantly increase the area’s population density, but would also destroy a public park.
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Connectivity Among the Contributing Factors to Liveability
Market Updates • Writer • Jun 5, 2017
With the much anticipated Sg Buloh-Kajang mass rapid transit (MRT) becoming fully operational by July, MRT Corp listed six criteria for liveability, all of which are connected to transportation.
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R and F Princess Cove Palm Challenge 2017 Crowned Winner with Hyundai Ioniq
Market Updates • Writer • Jun 5, 2017
R&F Development Sdn. Bhd., owned by one of the top China property developers namely R&F Properties has organised the 1st ever R&F Princess Cove Palm Challenge 2017.
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WCT to Hold IPO for REIT By End-2017
Market Updates • Pavither • Jun 2, 2017
WCT Holdings intends to carry out the initial public offering (IPO) of its real estate investment trust (REIT) by year-end, according to its Group Managing Director Datuk Lee Tuck Fook, reported The Sun Daily.
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Residents Object to Commercial Projects on School Land
Market Updates • Pavither • Jun 2, 2017
Residents of Jinjang Utara Tambahan and parents who have children studying in SMK Jinjang as well as its teachers are opposed to the construction of a food court and showroom on nearby land set aside for schools, reported The Star.
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Malaysia Slips Five Notches in Global Competitiveness Ranking
Market Updates • Pavither • Jun 2, 2017
After occupying the 19th spot last year, Malaysia slipped five notches in the latest World Competitiveness Yearbook (WCY) by the Institute for Management Development to settle in the 24th position, reported The Sun Daily.
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PropertyGuru Launches Property Market Index for Malaysia; Report Indicates Possible Bottoming Out for Property Prices
Market Updates • Writer • Jun 1, 2017
Continuing to help Malaysians make more informed property decisions, PropertyGuru, the leading online property portal, launched its proprietary ‘PropertyGuru Market Index’ (PMI) exclusively for Malaysia.
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EPF and MRCB to Develop RM21b Integrated Project in Bukit Jalil
Market Updates • Writer • Jun 1, 2017
A unit of Malaysian Resources Corp Bhd (MRCB) plans to team up with the Employees Provident Fund (EPF) to build a mixed-use project at Bukit Jalil in Kuala Lumpur with a gross development value of about RM20.67 billion.
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Mah Sing to Launch RM1.9bil Worth of Projects This Year
Market Updates • Writer • Jun 1, 2017
With affordable housing as a crucial focus, Mah Sing Group Bhd is growing its landbank in view of its plan to launch RM1.9 billion worth of projects this year.
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New Homes for 24 Estate Workers
Market Updates • Writer • Jun 1, 2017
Families from the Ladang Bangi estate could not contain their excitement during the signing of agreements for their new homes, which marked the end of a 17-year struggle.
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Beijing-KL to Meet over Bandar Malaysia
Market Updates • Writer • May 31, 2017
High-ranking officials from Malaysia and China are slated to meet over the next few days to discuss plans for the joint development of Bandar Malaysia and the proposed construction of three new ports facing the Strait of Malacca.
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