News about myedgeprop

George Kent said its 3QFY2023 performance was affected by the challenging business environment amid inflationary pressures, supply chain delays, labour shortages and elevated oil prices coupled with a volatile ringgit.

Nestcon said its wholly-owned subsidiary Nestcon Builders Sdn Bhd had accepted a Letter of Award (LOA) from Solaris Ceria for the main building works of one block of 52-storey office suites and serviced apartments.

DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka Situated in the heart of Kuala Lumpur, Damai Complex is a development that primarily consists of shops and offices.

38% growth in completed transactions and US$3.

The 220-acre freehold, green-certified project has a gross development value of RM1.

“Ahead of the announcement, LBS wishes to make various proposals which it believes is crucial towards revitalising the property sector and is hopeful that the government will take these into account.

The Shelter Home for Children houses children who “have suffered trauma and in need of a loving, supportive environment to grow in”.

The group said the first contract worth of RM125 million involves building, mechanical and electrical works for 27 units of shop offices, 384 units of townhouses and one unit of electrical substation in Cameron Highlands.

“In Penang, for example, the blanket ban that they proposed is probably a regulation that doesn’t make a lot of sense because there have to be ways in which challenges can be managed without an activity being banned, which is why we are suggesting that the existing Strata Management Act 2013 (SMA2013) be used at a building level to pass bylaws that are suited for the specific buildings instead.

Local Government Development Minister Nga Kor Ming, in his written reply to Parliament, said that his ministry will issue the letter through the Department of National Housing to affected buyers to help ease their financial burden.