News by M

Land belonging to the people of Penang is being sold without profiting the people, as seen from the rampant sale of land by the DAP-led Penang state government.

Variance in sales and completion status of projects during the quarter compared with a year ago, also impacted its earnings, it said in a bourse filing today.

IJM Land Bhd, the property development arm of IJM Corp Bhd, has launched the final phase of Penduline homes at its Bandar Rimbayu township in Telok Panglima Garang, Selangor.

Its assistant secretary, Loh Kit Mun, questioned the statement by state executive councillor Jagdeep Singh Deo that the state government could not limit or stop people from buying heritage properties as it was against the federal constitution.

Developers of new developments in the city will be required to upgrade the main drain in their development areas to solve the flash floods problem in the state. 

共用工作空间日益普及与流行，但你又是否了解当中的利弊？

PAM’s president Dr Mohd Zulhemlee An said a local plan that takes into account the projected population growth and infrastructure needs of an area could avoid disasters related to infrastructure inadequacies.

The property investment and development division saw a 6% decline in PBT to RM38.38 million on lower unrealised gains on foreign exchange, as the Singapore dollar weakened against ringgit during the quarter.

The inaugural TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017 is now open for submissions until Jan 16, 2017.

The land is located along Jalan Conlay below which the MRT Line 2 is expected to connect the Conlay and Tun Razak Exchange stations.