News by M

These efforts are aimed at improving connectivity, reducing travel time and creating new development corridors. 

The sub-contract is expected to start on Monday (March 11) and to be completed within five months.

Hyatt Regency Kuala Lumpur at KL Midtown is expected to open in 2025, according to KL Midtown Sdn Bhd director David Khor during the topping out ceremony of Hyatt Regency Kuala Lumpur in Kuala Lumpur on Friday. 

Former Fiabci Malaysia president Tengku Datuk Ab Aziz Tengku Mahmud has been elected president of the World Council of Developers/Investors in Fiabci International for a term of three years, starting June 2024 to May 2027.

Plastic products manufacturer Scientex Bhd is set to acquire land in Batang Berjuntai, Kuala Selangor, for a total of RM335.68 million to enhance its property development land bank.

Sustainability is the way forward for the property sector as highlighted by KSI Strategic Institute For Asia Pacific economic adviser Dr Anthony Dass at the second day of Malaysian Annual Real Estate Convention (MAREC) 2024 today.

The Urban Redevelopment Act is being drafted and once the Act is in force, there are 139 potential redevelopment sites within Kuala Lumpur that developers can bid for, according to Housing and Local Government Minister Nga Kor Ming.

The legal dispute between Star Media Group Bhd and JAKS Resources Bhd on the development of a parcel of land in Section 13, Petaling Jaya, has been reverted back to the High Court for trial.

Property developer Exsim Group's founders, the Lim brothers, are acquiring a 65.9% stake in Pan Malaysia Holdings Bhd (PM Holdings) from three companies linked to prominent businessman Tan Sri Khoo Kay Peng for RM36.73 million or six sen a share.

According to Malaysian think tank, The Centre, 73.19% of women prefer to buy homes or continue living in their own properties versus 70.14% of men.