Hap Seng buys Kuala Selangor plots for RM228.75 mil
KUALA LUMPUR (June 16): Hap Seng Consolidated Bhd is buying 36 parcels of freehold agricultural land with an aggregate land size of 1,449.
MSC acquires land and properties in Westport for RM50 mil
KUALA LUMPUR (June 16): Malaysia Smelting Corp Bhd (MSC) is buying three parcels of land at Pulau Indah Industrial Park, Westport — along with plant and machinery on the properties — for RM50 million.
Prasarana to start awarding RM9b LRT3 job packages in 2-3 mths, says CEO
KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.
‘Property tax hike in Sydney won’t affect M’sian developers’
KUALA LUMPUR (June 15): The expected higher taxes for foreign buyers of residential properties in the Australian state of New South Wales (NSW) are not expected to have much effect on Malaysian developers there, say analysts.
Improved connectivity to spur developments
WITH a predominantly Chinese population, Kepong is home to many traditional shops, heritage shops and family-style restaurants.
UEM Sunrise completes 351 units of affordable homes in Iskandar Puteri
ISKANDAR PUTERI (June 7): Property developer UEM Sunrise Bhd has handed over 20 keys to owners of the Bayu Nusantara affordable homes in Iskandar Puteri (formerly known as Nusajaya) at Iskandar Malaysia, Johor, the group announced in a press release today.
Trion Kuala Lumpur to target local buyers
CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.
‘Higher funding costs prompt banks to revise BR, BLR rates’
KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.
Eco Majestic partners TM to provide up to 30Mbps broadband for homes
PETALING JAYA (June 1): Eco Majestic – a township by Eco World Development Group Bhd (EcoWorld) in Semenyih – has signed a memorandum of service agreement (MoA) with Telekom Malaysia (TM) to provide Internet connectivity readiness for its future residents, said the developer in a statement today.
UEM Sunrise to jointly undertake apartment project on TM’s office site in KL
KUALA LUMPUR (May 27): UEM Sunrise Berhad and Telekom Malaysia Bhd (TM) will jointly undertake a high-rise mixed development project on the telecommunications giant’s Bukit Mahkamah land, along Jalan Raja Chulan in the city centre.
