Urban Renewal Act: 30-year threshold on building age too low, says expert
With the proposed Urban Renewal Act (URA) set to be tabled in June, an expert has said the building age threshold should be higher than 30 years.
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Kenneth Vun now MD at both Symphony Life and XOX
Property developer Symphony Life Bhd (KL:SYMLIFE) has named Datuk Kenneth Vun Yun Liun as its new managing director.
Bintai Kinden wins contract from Teladan to build office blocks in Seremban
Mechanical and electrical engineering services specialist Bintai Kinden Corp Bhd (KL:BINTAI) has won a RM27.15 million contract for the construction of six blocks of shop offices in Seremban.
Nestcon bags RM228m construction contract in KL
Nestcon Builders Sdn Bhd, a wholly-owned subsidiary of construction outfit Nestcon Bhd (KL:NESTCON), has secured a construction contract worth RM228.30 million from Paramount Property (Cityview) Sdn Bhd.
Gamuda says to sign several 'imminent' large contracts, as 2Q profit grows 4.8%
Gamuda Bhd (KL:GAMUDA) reported a 4.8% year-on-year increase in net profit for the second fiscal quarter thanks to domestic construction projects, particularly the Penang land reclamation works.
3 plots of industrial land in Melaka sold in one deal | DONE DEAL
Noteworthy:
- Freehold
- Land size: 348,480 sq ft
- Nearby amenities: various small businesses, F&B outlets, and residential areas, Hang Jebat Stadium, Lotus @ Melaka Cheng
- Accessibility: Lebuh AMJ, Lebuh SPA
When: December 2024
Daughter of Public Bank founder buys Tanglin Hill bungalow for a record S$93.9m
Diona Teh Li Shian, daughter of Public Bank Bhd founder, the late Tan Sri Teh Hong Piow, has purchased a Good Class Bungalow (GCB) in Singapore’s Tanglin Hill neighbourhood, for a record-breaking price of S$93.9 million (RM311 million) or S$6,197 psf, according to Bloomberg News.
LSH Capital plans to transform 10-acre KL Tower area into a tourism, retail and cultural destination
Property developer and construction firm Lim Seong Hai Capital Bhd (LSH Capital) (KL:LSH) on Wednesday said it plans to rejuvenate the 10-acre area around KL Tower into an integrated destination for tourism, retail and cultural engagement.
ITMAX clinches RM30m smart surveillance contract from Pengerang Municipal Council
ITMAX System Bhd (KL:ITMAX) has secured a RM30.24 million contract from the Pengerang Municipal Council (MPP) in Johor to implement smart surveillance systems.
Selangor govt ordered to hand over PJD Link impact assessment reports to PJ residents within a month
The High Court here has ordered the Selangor government to hand over three key impact assessment reports of the controversial Petaling Jaya Dispersal (PJD) Link project to four Petaling Jaya residents within a month, granting the residents’ judicial review bid in part.
