Jiankun International Bhd has been offered to be the main contractor of a RM90 million development project located in Sentul by a unit of Menara Rezeki Sdn Bhd.

Global Oriental Bhd is acquiring three shop units in Bukit Ceylon, Kuala Lumpur for RM30 million, as part of its development of a 39-storey premium service residence project.

The Selangor government will exempt assessment tax for village houses and low-cost homes next year.

The rise in the overnight policy rate (OPR) to 2.50% will likely influence Malaysians to reconsider purchasing houses, particularly the middle 40% income group (M40), who may have bank commitments such as personal loans.

Eco World Development Group Bhd (EcoWorld Malaysia) recorded RM46.4 million profit after tax (PAT) in 3Q2022, which is 32% higher than 3Q2021.

Property developer Land & General Bhd (L&G) expects demand for the property sector to remain stable, despite challenges such as the anticipation of rising interest rates as well as increasing cost of materials and labour.

Former Kuala Lumpur City Hall (DBKL) senior deputy director Sabudin Mohd Salleh was overwhelmed with emotions and broke down in tears after being freed for the second time on two charges of obtaining a bribe amounting to RM200,000 for the issuance of work permits.

NCT Group of Companies (NCT) has entered into four synergistic collaborations to further strengthen its value proposition for the upcoming NCT Smart Industrial Park (NSIP) project.

This will involve the “sprucing up of the areas and upgrading the amenities”.