A number of large construction players have expressed interest, including Sunway Construction Group Bhd and IJM Construction Sdn Bhd, while the company that had initially been awarded the contract (by the previous government, through direct negotiation) is still hopeful the contract will be awarded to it.

It would probably be an understatement to say the year 2018 has been an extraordinary year for Malaysia. Here are some of the highlights of 2018's news for the property sector. 

Sentul is experiencing its second spring as it reaps the benefits of connectivity, accessibility and fresh infrastructure.

"This is the first time we've launched a TBM that has been refurbished."

Late last month, George Kent (M) Bhd (via a joint venture [JV] with China Communications Construction Co Ltd [CCCC]) managed to beat six other contenders for Mass Rapid Transit (MRT) Line 2 track works worth RM1 billion (completion in May 2022).

Developed by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent. The 1,200-acre freehold township is located on the border of Kuala Lumpur and Selangor, 15km from Kuala Lumpur City Centre and 14km from Petaling Jaya.

According to data provided by KGV International, only seven new non-landed projects or phases were launched in the last quarter of 2015. Two notable launches were Eco Palladium at Tebrau by Eco World Development Group Bhd and the first phase of Forest City at Tanjung Kupang by Country Garden PacificView Sdn Bhd.

The KL-Singapore HSR will change how we live, work and do business as the barriers to travel and trade fall and the effects of bringing the two cities closer together set in, says MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal

The 118-storey skyscraper with a height of over 600m will be the tallest building in Southeast Asia upon completion by 2019. 

The surge in house prices over the past few years is finally moderating.