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Sheda: Minimum wage hike may increase unemployment rate

An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.

Uni Wall inks collaboration for Malaysia Vision Valley 2.0 project

The group, through its 80%-owned subsidiary NS Aero City Sdn Bhd, signed the MoC with Sun Solutino, which is principally involved in the generation of electricity by other sources (such as solar power and biofuels) with transmission, distribution and sale of electricity as its secondary activity.

Phase 1 of Dayana 2 fully sold, second phase to be launched in March

According to a statement on Monday (Jan 31), Phase 1 of Dayana 2 has 93 units with a gross development value is RM41.7 million. The Dayana 2 double-storey linked homes are priced from RM517,888 and come with four bedrooms and three bathrooms, with built-up areas ranging from 1,764 to 1,846 sq ft. 

DONE DEAL: Three-storey terrace at USJ Heights, Selangor

Noteworthy:

  • Freehold
  • Built-up: 3,500 sq ft
  • Land size: 1,920 sq ft
  • Six bedrooms, six bathrooms
  • Fully-furnished
  • Amenities: myriad of shopping malls such as Sunway Pyramid Shopping Mall, The Main Place and Empire Subang. Medical centres like Sime Darby Medical Centre Subang Jaya and Sunway Medical Centre and aplenty of educational institutions comprising of primary and secondary schools and tertiary institutions.

When: November 2021

DONE DEAL: Condominium at LaCosta Lake Suites, Selangor

Noteworthy:

  • Leasehold

  • Built-up: 1,504 sq ft

  • Three bedrooms, three bathrooms

  • Fully-furnished

  • Facilities: 

  • Amenities: Sunway Pyramid Shopping Mall, Sunway Geo Avenue, Monash University Malaysia, Sunway University. Well connected with BRT Sunway Line and access to major highways such as Damansara-Puchong Expressway (LDP), Shah Alam Expressway (KESAS), New Pantai Expressway (NPE) and Federal Highway. 

When: Oct 2021 

UEM Sunrise hits RM1.46b sales for 2021, sets RM1.5b sales target for 2022

The developer announced an increased sales target of RM1.5 billion for 2022, with plans to launch projects worth RM3.3 billion in gross development value (GDV) totalling 3,526 units, which include activating the 1.3-acre site in Collingwood, Melbourne that was acquired back in 2020 to launch a mixed-development project with an estimated GDV of A$250 million (RM734.84 million).