Tropicana Corp obtains two awards for mixed-use Tropicana Gardens
Tropicana Corporation Bhd has received two awards for Tropicana Gardens, its residential and commercial development in Tropicana Indah.
Editor's Pick
Iskandar Waterfront and Catcha ink deal to explore building Internet cities
In a joint statement on Friday (July 15), the companies said that with the growth of the tech sector and the need for more centralized locations designed specifically to support the sector, IWH and Catcha recognize there is a huge opportunity to explore and understand in greater detail.
Ismail Sabri: Procurement via privatisation will be considered for Housing Blueprint 3.0
He said this is because the government is aware of the financial burden that it will have to take on to implement BP3.0, which will focus on providing the remaining 12,733 units of Rumah Keluarga Malaysia Angkatan Tentera (RKMAT) homes nationwide, from 2023 to 2030.
DONE DEAL: Serviced residence at Trefoil @ Setia City, Shah Alam, Selangor
Noteworthy:
- Freehold
- Built up: 485 sq ft
- Studio unit
- High floor
- Semi-furnished
- Nearby amenities: Setia City Mall, Setia City Convention Centre, schools, banks, F&B outlets
- Accessibility: New Klang Valley Expressway (NKVE), the upcoming Damansara-Shah Alam Elevated Expressway (DASH), Mutiara Damansara Interchange and DASH Penchala Interchange.
When: January 2022
Of property headwinds and wealth creation
In reality, it is not just gloom and doom. There are office and retail centres that continue to enjoy high occupancies and this could be attributed to reasons such as their respective unique offerings like a strategic location, easy connectivity and profile of tenants. Last but certainly not least, providing a safe conducive working or shopping environment matters ant his is something that can only be achieved with top-in-class maintenance of the spaces.
Tower REIT introduces customisable office layout in Menara HLX
Formerly known as Menara HLA, Menara HLX will be offering customisable office layouts through a collaboration between Tower REIT, owner of the building, and EzyOffice. Under the collaboration, EzyOffice will provide several templates and dozens of variations for workspace units that range from 2,000 sq ft to 13,000 sq ft in Menara HLX for future tenants to choose from. The packages can be as comprehensive as including office furniture, partitions, wall, floor and ceiling coverings, as well as electrical and air conditioning works.
Minetech’s RM30m school construction job mutually terminated
In a bourse filing, Minetech said it was informed by MPSB that the project was no longer achievable due to the prevailing unfavourable economic and market conditions.
Atrium REIT to raise RM85m via private placement, special unit issuance to major unitholder
in a filing with Bursa Malaysia, the industrial property-focused REIT said the placement involves issuing up to 40.93 million new units (representing up to 20% of the REIT’s total issued units) to third party investors, while the special issuance involves issuing 20 million new units to Chan.
Sime Darby Property, LOGOS Property unveil plans for E-Metro Logistics Park's 8 mil sq ft gross lettable area
Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd's (LOGOS Property) joint venture — SDPLOG — has unveiled plans with the commencement of groundwork for its maiden asset E-Metro Logistics Park in Bandar Bukit Raja, Klang, Selangor.
Resurrection of EOT: Old wine in new bottles?
There seems to be an ongoing attempt at circumventing the Federal Court decision –through invoking a different provision in the HDA to allow the authorities to again extend the deadline for delivery of vacant possession or move the goalposts, thereby denying the house buyers their rights to receive their houses on time as stipulated in the sale and purchase agreements, and correspondingly their rights to receive liquidated ascertained damages (LAD) for such delays.
