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Silver Ridge gets RM1.88m job to build railside fencing for ECRL contractor

11 March, 2024

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

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Hyatt Regency Kuala Lumpur at KL Midtown to open in 2025

08 March, 2024

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. 

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Fiabci International appoints Ab Aziz Tengku Mahmud as president of World Council of Developers/Investors

08 March, 2024

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.

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Scientex to buy land in Kuala Selangor for RM336m to build mixed-use development

08 March, 2024

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.

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Housing Ministry: Urban Redevelopment Act being drafted; 139 potential redevelopment sites in KL

08 March, 2024

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.

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Star Media's dispute with JAKS Resources goes back to High Court six years after it started

08 March, 2024

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.

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Khoo Kay Peng to cede control of Pan Malaysia Holdings to Exsim Group's Lim brothers in RM36.7m deal

08 March, 2024

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.

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Bank Negara keeps overnight policy rate unchanged at 3%

07 March, 2024

Malaysia’s central bank on Thursday kept the benchmark interest rates unchanged, as widely expected, citing improving economic growth and moderating inflation.

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First phase of IJM Land’s Sutera landed homes in Seremban 2 Heights Aman 70% taken up

07 March, 2024

The first phase of IJM Land Bhd’s two-storey terraced development, named Sutera, in Seremban 2 (S2) Heights Aman has been 70% taken up since its launch on Feb 25, according to a press release on Thursday.

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Prasarana to expand cashless payment options for Rapid KL buses and rail services, says Loke

07 March, 2024

Rapid bus and rail service users in Klang Valley will soon have the option to pay fares using methods other than Touch 'n Go (TNG), as the government aims to expand cashless payment options.

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