The Kuala Lumpur Architecture Festival (KLAF) 2023 was officially launched on Monday (Jan 9) to kick off its diverse calendar of more than 100 programmes spread throughout the year.

Based on its Real Estate Highlights 2nd half of 2022, “the performance of the property market sector is in tandem with robust economic recovery, as Bank Negara Malaysia expects full-year growth to exceed its forecast of 7%”, said group managing director, Keith Ooi.

Noteworthy:

• Freehold
• Built-up size: 2,716 sq ft
• 2-storey shoplot
• 0 bedrooms, 4 bathrooms
• Unfurnished
• Nearby amenities: The Mines Shopping Mall, One South Street Mall, LRT Sungai Besi, restaurants, F&B outlets, convenience stores 
• Accessibility: SILK Highway

When: October 2022

Executive chairman Tan Sri Lim Hock San said LBS has finished 2022 on a strong note, surpassing its sales target by 25%, and is cautiously optimistic about the property market in 2023.

Nestcon said the 41-month contract was awarded by Armada Istimewa Sdn Bhd for undertaking the construction and completion of earthworks, piling and pile caps, retaining wall, substructure, main building works and infrastructure works for the project.

Both the first and second phases of The Nobel Healthcare Park have a total gross development value (GDV) of RM250 million.

Tex Cycle Technology (M) Bhd has proposed to dispose of two detached factories in Puchong for RM19 million, noting that they have increased in value since their acquisition in 2004.

RDC Arkitek is the architect appointed by Austin Senibong Development Sdn Bhd for the construction of 77 units of three-storey shop offices at Bandar Jaya Putra in Tebrau district.

The new CEO, Rosmin Mohamed, was previously employed by the group's substantial shareholder Sime Darby Property Bhd. 

The project was previously delayed as GDB suspended work due to payment issues.