News by Wong King Wai

SkyWorld Development Sdn Bhd is all set to launch Tower A of Bennington Residences on Nov 5. The condominium project, which comprises two 40-storey towers, is located within the RM2.49 billion 28-acre SkyArena development in Setapak, Kuala Lumpur.

Naza TTDI Sdn Bhd launched the KL Metropolis Show Gallery at Naza Tower at Platinum Park in Kuala Lumpur on Oct 18 with much fanfare. At the event, an overview of KL Metropolis was presented by SM Faliq SM Nasimuddin, deputy executive chairman of Naza Corp Holdings Sdn Bhd and group managing director of Naza TTDI Sdn Bhd.

MACLY Equity Sdn Bhd, a joint venture between two established Singapore developers Macly Group and Roxy-Pacific Holdings Ltd, launched the first of two towers of The Infinitum @ KL City Centre late last year. Its maiden project has a total gross development value of RM800 million.

THE cluster of 99 islands that make up Langkawi lies off the west coast of Malaysia. Kuah, the capital, is located on the main island, which is where most of the tourism activities take place. Langkawi is part of Kedah, one of Malaysia’s northernmost states.

The Penang Cultural & Heritage Tour, which took place in July, was organised by the youth chapter of the Real Estate and Housing Developers’ Association (Rehda Youth). The sunny weather during the two-day tour was a welcome respite from the heavy rain of the previous days.

Things have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.

The mature neighbourhood of Damansara Heights will soon have a new member — Aira Residence by Selangor Properties Bhd (SPB).

With the promise of delivering Malaysia’s most coveted address, Sime Darby Property’s ALYA Kuala Lumpur development is poised to set a new benchmark for luxury living.

Looking at old photos of Kuala Lumpur, one would notice that there were few tall buildings at the time. But fast-forward a few decades and the city now boasts an impressive skyline. The mix of old and new makes it a fascinating place to walk through.

For the entire development of Iskandar Malaysia over a 25-year period, IRDA’s target is RM383 billion of investments.