News by M

Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said Penang was already developing a cycleway around the island, but ‘I want to see more such projects around housing developments in the state’.

Notices have been issued to those who fail to do so in the first three months of the Act coming into force. Stiffer punishment will follow if offenders still refuse to comply, starting with a RM1,000 compound imposed from January 2016, if a household fails to separate waste accordingly.

Interestingly, Kajang is home to many exclusive gated-and-guarded residential estates.

The MIEA-theedgeproperty.com Top Online REN (Real Estate Negotiator) of the Year was young, poor and had no connections.

Khazanah is said to be among 10 tenants in The Shard, the tallest in western Europe, which has secured 90% occupancy for its office space.

In a statement released yesterday, KCN demanded City Hall and the ministry justify the purpose of the conversion of part of Taman Metropolitan Kepong public recreational land to residential status.

In a joint statement, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar and Singapore’s Coordinating Minister for Infrastructure and Transport Khaw Boon Wan said it is imperative that the governments are “properly informed” of industry views.

The surge of new developments has buoyed the Seri Kembangan secondary market.

The award is for the proposed earthworks under Phase 1 of the Lifestyle Quarter of the Tun Razak Exchange mixed development. The scope of works consists of earthworks, rock probing and grouting works.

Overall, the average distribution per unit (DPU) for six REIT stocks under our coverage grew by 4.7% y-o-y.