FCW sees lower earnings in FY2016
Its executive director Datuk Anderson Thor Poh Seng said contribution from its joint venture (JV) property development project dubbed 368 Residences in Jalan Segambut here will also only be coming in towards end of FY16.
PROPERTY SNAPSHOT 3: What are the prices of developments in Ampang?
The most expensive condominium was M Suites by Mah Sing Group. Since its completion at end-2013, the studio units (502 sq ft to 527 sq ft) have been the most popular, hence the high average transacted price of RM1,238 psf.
Phase 1 of 368 Residences to be launched in 3Q16, says FCW
FCW executive director Datuk Anderson Thor said the RM1.5 billion gross development value (GDV) development will comprise three phases, with phase 1 to account for RM500 million of the total GDV.
Road contractors should not be paid for bad work, says assemblyman
Government agencies should freeze the payment of contractors who do shoddy patching up work that causes potholes in Petaling Jaya, Selangor, says Bukit Gasing assemblyman Rajiv Rishyakaran.
Gamuda’s share price rebounding after sharp plunge
Despite estimated lower revenue, Gamuda’s local intra-urban tollways — Lingkaran Trans Kota Holdings Bhd (Litrak), Stormwater Management and Road Tunnel or better known as Smart Tunnel, Shah Alam Expressway (Kesas) and Lebuhraya Damansara-Puchong (LDP) — have recorded a contribution of about 16.6% of revenue.
No proof house plant causes cancer, says expert
Dean of the Faculty of Agriculture at Universiti Putra Malaysia (UPM) Prof Ghizan Saleh said that no scientific research had been carried out to establish a connection between the plant and cancer.
PROPERTY SNAPSHOT 2: What’s affordable in Ampang?
Long established as the expatriate and embassy enclave of Kuala Lumpur, Ampang is home to among the city’s most exclusive addresses.
YNH Property signs MoU to develop 2.39-acre land in KL
YNH Property said it held full development rights on the land, measuring 2.39 acres in total, after signing a turnkey construction agreement with landowner Suileem Realty Sdn Bhd on Aug 28, 2013.
MRCB plans to venture to Indonesia, Thailand
Being both a property developer and a construction company, executive director Mohd Imran Mohamad Salim said MRCB was working on getting something in Thailand and Indonesia for both its business ventures.