News about myedgeprop

The audit, which was carried out on the application and issuance of strata titles and strata management by the Commissioner of Building between 2020 to 2022, found that there were 419 schemes out of 3,049 schemes in the Federal Territories that still had not received their strata titles, which give house buyers full legal ownership of their properties, even though vacant possession had been issued.

The PAC report also revealed that HRD Corp had paid a 50% deposit, or RM120 million, for the purchase of Menara Ikhlas in Putrajaya, worth RM202.

Notably, WCT recently secured an external job consisting of a RM249.

Auditor General’s Report on Federal Agencies' Activities 2024 also stated that none of the programme’s objectives have been fully achieved, particularly improving river water quality to Class IIB to be suitable for recreational purposes.

In April, Brunergy Utama Sdn Bhd, a company based in Brunei, claimed that it would implement the US$70 billion (RM330 billion) project in two phases, involving a route spanning over 1,600 kilometres with trains capable of reaching speeds up to 350 km per hour.

Happening concurrently with Archidex is the Asean-China Ministerial Roundtable on Construction and Housing (ACMROCH) 2024 hosted by KPKT, and the DATUM Conferences.

The 30-month projects entails the addition of seven units to the existing four of a two-storey heritage building, and the conversion of two units from residential to commercial, as well as the construction of a 29-storey serviced apartment building in George Town, Penang.

Naim Holdings said the disposal is part of its commitment to ensure long-term sustainability in its business operations in a tight property market dominated by substantial unsold properties.

This will allow the group to unlock the value of its investments in the properties, the construction and property group said in a bourse filing.

They are going to form a joint venture company to operate the RM50 billion rail that connects Kota Bharu in Kelantan to Port Klang in Selangor, based on a renegotiated contract aimed at sharing the risks of the project to reduce the financial exposure of the Malaysian government, according to Transport Minister Anthony Loke.