MMC Corp Bhd (MMC), Sime Darby Bhd and Adani Ports and Special Economic Zone Ltd (Adani Ports) signed a memorandum of understanding (MoU) to undertake feasibility studies with regard to the development of an integrated maritime city on Carey Island, Selangor.

In early March, Chinatown Hotel on Teck Lim Road was put up for sale. The 42-room boutique hotel is located off Keong Saik Road in the Chinatown-Bukit Pasoh area. The owners have been operating the hotel for the past 25 years.

The scope of works comprises main building works for 32 units of three-storey terrace houses at  Eastern & Oriental Bhd’s (E&O) Bandar Tanjung Pinang (Phase 1) in Pulau Pinang slated for completion by Sept 21, 2018.

When CK Lau’s family decided to shift from a spacious semi-dee house to a smaller 1,279 sq ft condo unit five years ago, relatives and friends wondered if the Laus were having trouble making ends meet. After all, the prevailing culture dictates that bigger is better.

With land for property developments shrinking by the day especially in the Klang Valley, many property developers have been moving towards higher density developments.

A special purpose vehicle will be established to undertake the development and sale of the STP2A development land where KWAP will be taking a 20% equity stake for RM766 million, while E&O will hold the remaining 80% stake.

FY2017 CNP registered an impressive growth of 62% underpinned by a 31% improvement in revenue, driven by its property division, which saw a 72% improvement in development revenue.

As land costs in urban centres like Kuala Lumpur, Penang and Johor Bahru have risen significantly due to land scarcity, property developers have little choice but to go vertical and construct high-rise projects, be they residential, commercial or integrated developments.

“Buy low sell high” is the golden investing rule of almost every investor but it is easier said than done. When is it “low” enough for one to buy? Especially when we speak about exclusive addresses like KLCC.

Being able to wake up to fresh air and lush forest views every morning and then going to work using the LRT just a few minutes away sounds far from reality in Malaysia’s capital city of Kuala Lumpur.