‘No stop order for Penang undersea tunnel study’
GEORGE TOWN (June 16): Contrary to his earlier statement, Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) yesterday said the Penang government did not order the company to halt the feasibility study on the Penang-Butterworth undersea tunnel.
Encorp confident of Melaka project
PETALING JAYA (June 16): Encorp Bhd is confident of its integrated township development project in Bukit Katil, Melaka, in spite of the soft property market.
Jarrod Lim, founder of Jarrod Lim Design
WHO: Combining the old with the familiar and coming up with something unexpected is how Singapore-based designer Jarrod Lim describes his creative process.
Improved connectivity to spur developments
WITH a predominantly Chinese population, Kepong is home to many traditional shops, heritage shops and family-style restaurants.
Sunsuria eyes September launch for Sunsuria City’s first residences
PETALING JAYA (June 11): Sunsuria Bhd is looking at launching The Olive — the first residential properties in its flagship Sunsuria City township in Salak Tinggi — in September, said executive chairman Datuk Ter Leong Yap.
Growth amidst a slowdown
WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.
EcoWorld: Award for 449.64-acre land in Batu Kawan rescinded
KUALA LUMPUR (June 8): Eco World Development Group Bhd (EcoWorld) has agreed with the Penang Development Corp (PDC) to rescind a letter of award dated March 26, 2015 for the purchase and development of 449.
BOVAEA: Bogus property agent risking people’s life savings
PETALING JAYA (June 8): A fresh crop of fraud cases involving illegal property brokers making headlines have prompted the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA) to issue yet another warning to the public against dealing with such agents as they put their life’s savings at risk.
Global Oriental's unit buys RM170.7m land to expand development activities
KUALA LUMPUR (June 6): Global Oriental Bhd's 51%-owned unit Sering Manis Sdn Bhd (SMSB) plans to acquire 113.