News by M

 Property revaluation currently being carried out by the Ipoh City Council (MBI) is necessary to keep up with the overall trend of rising prices, according to mayor Datuk Seri Zamri Man.

The areas covered include Bukit Bintang, Bukit Ceylon, Chow Kit and Pudu. Geographically, the study area is bounded by Lebuhraya Sultan Iskandar and Jalan Tun Razak to the north and extends south, up to Jalan Istana.

He has more than 26 years of experience in the property development and construction industries, starting out his career as a senior architect in BEP Arkitek Sdn Bhd, in charge of high-end property developments in 1994.

Just in case you missed our DONE DEALS for 2015, here they are:

Its executive director Datuk Anderson Thor Poh Seng said contribution from its joint venture (JV) property development project dubbed 368 Residences in Jalan Segambut here will also only be coming in towards end of FY16.

The most expensive condominium was M Suites by Mah Sing Group. Since its completion at end-2013, the studio units (502 sq ft to 527 sq ft) have been the most popular, hence the high average transacted price of RM1,238 psf.

FCW executive director Datuk Anderson Thor said the RM1.5 billion gross development value (GDV) development will comprise three phases, with phase 1 to account for RM500 million of the total GDV.

Government agencies should freeze the payment of contractors who do shoddy patching up work that causes potholes in Petaling Jaya, Selangor, says Bukit Gasing assemblyman Rajiv Rishyakaran.
 

Despite estimated lower revenue, Gamuda’s local intra-urban tollways — Lingkaran Trans Kota Holdings Bhd (Litrak), Stormwater Management and Road Tunnel or better known as Smart Tunnel, Shah Alam Expressway (Kesas) and Lebuhraya Damansara-Puchong (LDP) —  have recorded a contribution of about 16.6% of revenue.