Encorp Bhd has received a take-up rate of 70% for Iris, the second property launch for the Encorp Cahaya Alam township in Shah Alam. Following the good response, the developer is also eyeing to launch its final phase, Akasia 2, in this quarter.
However, this withdrawal is conditional where the withdrawal payment will only be made to the banking institution when the member reaches the age of 50 to 55, as stipulated in the EPF Act 1951.
Symphony Life Bhd is suing its former development partner for RM150 million over a terminated agreement to jointly develop residential condominiums in Langkawi.
Debt-ridden Perak Corp Bhd said it has entered into a master agreement with its holding company, Perbadanan Kemajuan Negeri Perak (PKNP), to define the terms of several development initiatives to be undertaken by the two entities.
Land & General Bhd (L&G) said its managing director Low Gay Teck will take up a 10% stake in a wholly-owned unit of the group which recently bought a piece of land in Bandar Puchong Jaya to develop serviced apartments.
SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.
Comintel’s wholly-owned subsidiary, Binastra Builders Sdn Bhd on March 31 accepted the Letter of Award from Exsim Bukit Jalil City Sdn Bhd for the project.
Neighbourhood mall the Curve in Petaling Jaya, under Boustead Holdings Bhd, has recovered with 40 new leases and an occupancy rate of 92% in 2022.
Construction of the West Coast Expressway (WCE) was at 84.19% completion as of Jan 15, according to Works Minister Datuk Seri Alexander Nanta Linggi.
The ECRL project, spanning 665km and comprising 59 tunnels, includes construction works in four states, namely Kelantan, Terengganu, Pahang and Selangor, and is designed to be flood-free.
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