News by Natalie Khoo

Tan Sri Liew Kee Sin, chairman of Eco World Development Group Bhd (EcoWorld), has been in the property industry since 1989. The Economics degree holder majoring in business administration started off as a banker in 1981. After five years in the banking industry, he ventured into property development.

“It is important to have an overview of Kuala Lumpur’s secondary market.”

The director of Starhill Real Estate, Syed Fadzil Syed Nadzari, believes that everyone should have the chance to experience being a real estate agent before they decide to make it their career.

The programme allows users to rent bicycles from designated bicycle stations that will be situated around the 520-acre township.

The state government is exploring a number of measures to bring down contribution costs imposed upon property developers, said Penang State Exco for Housing and Town & Country Planning Jagdeep Singh Deo.

The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.

Sold for RM1,107 psf #DesaSriHartamas #carpark

The Penang state government is on a fact-finding mission to pin point the possible impact of a rental hike on its pre-war buildings in George Town.

A visitor to the Bukit Bintang City Centre (BBCC) development’s sales gallery at Jalan Hang Tuah, Kuala Lumpur would be greeted by the sight of shipping containers. But these are no ordinary containers. All decked up in glass and a myriad of colours, they have been turned into BBCC’s project office and sales gallery. BBCC is 19.4-acre development with a gross development value of RM8.7 billion on the site of the former Pudu Jail. It is being developed by a consortium comprising UDA Holdings Bhd, Eco World Development Group Bhd (EcoWorld) and the Employees Provident Fund.

“We are not saying that the rental rates will be frozen… what we are saying is that you [the landlords] can increase your rent, but it must be increased based on the current market value.”