News by M

Bina Puri Holdings Bhd bagged a plant building project at Petroliam Nasional Bhd's (Petronas) Refinery and Petrochemical Integrated Development (Rapid) in Pengerang, Johor.

Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, has won the Industrialised Building System (IBS) Special Award for its construction of Seri Jati affordable apartments in Setia Alam.

Tiong Nam is set to expand its warehouse capacity by 50% in three years to cement its position in the industry. The group currently operates a 4.7m sq ft warehouse space and 2,106 vehicles, making it one of the largest domestic integrated logistics players.

Property developer Magna Prima Bhd said it will be launching the RM220.81 million gross development value (GDV) The View Residence, which will be constructed on its recently acquired Shah Alam land, sometime in the fourth quarter of 2016 (4Q16).

The success of architectural works lies not by following trends but in focusing on the welfare of society.

Cheras is typically seen as an “old” area and not as exciting as Kuala Lumpur City Centre or Petaling Jaya (PJ), however, several key growth catalysts are about to change that perception.

The developer of the 151-acre Kota Seriemas Golf and Country Club (KSGCC) in the Kota Seriemas township in Nilai, PNB Development Sdn Bhd (PNBD) sees the value of properties in Nilai rising.

Selangor Properties showed an expansion of loss before tax in its property development segment and lower profit before tax in investment holding.

The 365-room hotel will be part of the anticipated integrated destination resort, Desaru Coast that will encompass entertainment, restaurants, shopping, a waterpark and a 45-hole golf course, among other leisure offerings.

According to the Knight Frank’s Skyscraper Index, Hong Kong continues to tower above the rest of the global cities, costing tenants over US$278.50 (RM1,151.30) psf annually while Kuala Lumpur’s skyscrapers are one of the cheapest, with an average rental of US$34.16 psf annually.