Construction of SASaR Wardieburn project to start in 1Q next year
At present, the only ongoing SASaR project in Kuala Lumpur is in Sungai Besi, with 3,500 apartment units, which are expected to be completed in the fourth quarter of this year.
At present, the only ongoing SASaR project in Kuala Lumpur is in Sungai Besi, with 3,500 apartment units, which are expected to be completed in the fourth quarter of this year.
Zaliha was responding to a question from Zulkifli Ismail (Perikatan Nasional-Jasin) on the government’s long-term plan to preserve the identity, ownership and continuity of the Malay community in the city centre, especially in Kuala Lumpur, amid private-sector development.
State Local Government Development, Housing and Transport Committee chairman J.
The BTS model may be implemented through a risk-sharing partnership, such as the BTS 10:90 scheme, where buyers pay 10% upfront and the remaining 90% upon completion.
According to the 13th Malaysia Plan report released on Thursday, the government will also explore the establishment of a housing consortium to ensure more efficient and sustainable management of the RTO scheme.
Gamuda is currently the main tunnelling contractor for the SMW Western Tunnelling Package, linking Sydney Olympic Park and Westmead through a joint venture (JV) with Laing O’Rourke.
Ekovest and Knusford also said that they have not ruled out the possibility of reviving merger discussions in the future.
The Mayland partnership will focus on activating JLand-owned land in Johor Bahru through joint ventures aligned with the JS-SEZ.
No details were disclosed on why the RM450 million deal was not concluded within the stipulated timeline.
Instead of minimising abandoned housing projects, the HCGS would potentially be counter-productive, because it would be akin to guaranteeing developers’ profit, even if they run away.