Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.75 million

CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.

The construction of Phase Two of the Putrajaya Mass Rapid Transit (MRT) Line from Kampung Batu to Putrajaya Sentral is now 98% complete, said Putrajaya Line MRT project director Datuk Amiruddin Ma'aris.

Noteworthy:

• Freehold

• Built-up: 3,000 sq ft

• Land size: 1,540 sq ft 

• Unfurnished

• Amenities: Close proximity to educational institutions, supermarkets and Shah Alam stadium

• Accessibility: Federal Highway, New Klang Valley Expressway (NKVE), Guthrie Corridor Highway, Shah Alam Expressway (KESAS) and Jalan Lapangan Terbang Subang; and close to Batu Tiga KTM station

When: January 2022

According to The Edge City & Country in Dec 2021, there were plans to redevelop Plaza OUG into a 6-storey shopping complex with a mezzanine floor, a 30-storey hotel with 312 rooms and a 41-storey serviced apartment with 361 units.

The Penang state government will carry out a pre-qualification process for the Bayan Lepas Light Rail Transit (LRT) component project in the second quarter of this year, followed by a request for proposal (RFP) process in the third quarter.

A “sick housing project” is defined by the Housing and Local Government Ministry (KPKT)’s portal as one that has been delayed by more than 30% compared to its scheduled progress or one whose sale and purchase agreement (SPA) has lapsed.

The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.

Integrated industrial space solutions provider AME Elite Consortium Bhd continues to attract foreign direct investment (FDI) with its latest addition, Nasdaq-listed medical device giant Insulet Corp.

Sunway Property Bhd has launched the Jernih Residence Property Gallery. Jernih Residence is Sunway Property’s maiden project in Kajang.