According to a statement on Friday, the agreement entails the design and development of 3,990 units of affordable housing with a gross development value (GDV) of RM1 billion. It covers two parcels of land, totalling 39.12 acres.

This will allow construction work on Section C2 — which starts in Gombak and passes through Serendah, Puncak Alam and Kapar before ending in Port Klang — to begin in the first quarter of 2022.

Currently, KIESB holds ownership of an industrial land located in Kapar, Klang measuring 18,364 square metres.

Homebuyers who sign their sale and purchase agreements during the campaign period will automatically join the “Happy Duo Duo Book, Sign & Win” contest and stand a chance to win prizes worth up to RM622,222, which include kitchen appliances and electronic items. Other benefits include free legal fees, stamp duty exemptions as well as specific goodies for selected participating developments.

With the approval, HIL Industries will partner Unik Sejati Sdn Bhd, Pembinaan Kesentosaan Sdn Bhd and Amverton Carey Golf & Island Resort Sdn Bhd to develop residential developments with an estimated gross development value (GDV) of RM471.1 million on 40.9 hectares land in Selangor.

The jobs, involving Package S1-1, Section 1 (Project S1-1) and Project S1-2, were awarded to its wholly-owned Nestcon Infra Sdn Bhd by China Communications Construction (ECRL) Sdn Bhd, Nestcon’s filing with Bursa Malaysia showed

"Setia City Healthcare is incorporated under the Companies Act 2016 as a private company limited by shares with an issued and paid-up share capital of RM100 comprising 100 ordinary shares," S P Setia said in a Bursa Malaysia filing on Wednesday.

Noteworthy:

• Freehold
• Semi-furnished
• Built-up: 3,500 sq ft
• Land size: 2,500 sq ft
• Five bedrooms, six bathrooms
• Accessible to major highways such as Jalan Lingkaran Tengah 2, East-West Link Expressway

When: October 2021

"We have been quite aggressive in terms of acquiring land during the economic downturn; it is a good opportunity to acquire good assets. For example, during the economic downturn in 2007, we acquired 50% of the Citibank building and the land which Hap Seng 2 is sitting on, that was formerly owned by E&O," he said in a media conference on Wednesday (Jan 12). 

Wong Boon Lang, chairman of Rehda Johor has stated that the state government has tried various approaches such as the enforcement of compliance and delivery of low-cost houses through the Transitional Programme to tackle the issue in the past but were not able to procure the intended result.