Property developer Glomac Bhd (KL:GLOMAC) has urged the government to start the implementation of mandatory Employees Provident Fund (EPF) contribution by foreign workers, as announced in Budget 2025, later rather than sooner.

Noteworthy:

• Freehold
• Built-up size: 5,500 sq ft
• Land size: 6,391 sq ft
• 5 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: Bangsar  Shopping Center, Bangsar Village I and II, LRT Bangsar, Pantai Hospital Kuala Lumpur
• Accessibility: SPRINT Damansara and Kerinchi Link, Federal Highway, NPE, Jalan Bangsar, PJ-Bangsar Bypass, Jalan Syed Putra, Jalan Damansara

When: September 2024

The Mutiara Line Light Rail Transit (LRT) project will begin as soon as the contract negotiations between Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) as the implementing agency and contractor SRS Konsortium are finalised.

The construction sector has been urged to focus on sustainable methods, energy-efficient designs and the use of green materials to ensure that the industry thrives economically and contributes positively to the environment and society.

Kerjaya Prospek Group Bhd (KL:KERJAYA) announced on Wednesday that its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd had secured two new contracts from Pixel Valley Sdn Bhd and Greencove Sdn Bhd respectively, totalling RM34.4 million.

Glomac Bhd (KL:GLOMAC) is currently in talks with respective parties to venture into the waste-to-energy business, as part of its plan to seek new sources of revenue, according to group managing director and chief executive officer Datuk Seri FD Iskandar Mohamed Mansor.

The government is in the process of finalising sustainable development guidelines for data centres, which will become one of the conditions for applying for government incentives.

The government is taking proactive steps to ensure that the construction industry remains competitive and sustainable, amid expectations of rising tender prices, said Prime Minister Datuk Seri Anwar Ibrahim.

Even if it is against the state's interest, the land title for the Duta enclave — the 263.27-acre (106.54-hectare) land in Mukim Batu that currently hoses various government complexes and facilities — has to be transferred back to Semantan Estate (1952) Sdn Bhd as it is the right thing to do, according to the High Court judge who directed that the deed be done.

I agree with this concern, and would like to draw further attention to a deeper underlying mess (poverty of elegance) between several Acts, ministries and government agencies in Malaysia, which participate in, or act as counterparts to the business of “property management”. Here I draft out three key issues, and for prettiness, some charts.