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Anson Cube to launch soon

KUALA LUMPUR: Singapore-based Azea Property Investment (API) is looking to launch its second project — a RM43 million condominium project dubbed Anson Cube — in Malaysia soon.

UMLand to build Japanese home in Bandar Seri Alam

KUALA LUMPUR: An United Malayan Land Bhd (UMLand) unit will be developing Japanese Holiday Homes in its flagship-integrated township of Bandar Seri Alam, located within the Eastern Corridor of Iskandar Malaysia in Johor.

Cabinet to study landslide report, set guidelines

KUALA LUMPUR: Datuk Seri Najib Razak said on Tuesday, May 24 a report on the landslide tragedy in Hulu Langat would be submitted to the Cabinet to draw up guidelines on development on agricultural land and hillslopes.

UEM Land surges ahead of inclusion into MSCI index

PETALING JAYA: UEM Land Holdings Bhd's (UEML) share price surged on Tuesday, May 24 in heavy trading of over 24.1 million shares ahead of the stock's inclusion into the 30-stock MSCI Malaysia index on June 1, together with Malaysia Marine and Heavy Engineering Bhd (MMHE) and Malaysian Airports Holdings Bhd (MAHB).

Damansara apartment residents worry over collapsed embankment

PETALING JAYA: The Hulu Langat landslide tragedy which claimed 16 lives is haunting apartment residents living near Sungai Pencala.

Residents of Damansara Bistari Apartment are having sleepless nights after the embankment collapsed for the second time in a month.

Menara YNH to be launched this year after delay

KUALA LUMPUR: YNH Property Bhd plans to launch properties with a gross development value (GDV) of RM5 million this year, including the delayed Menara YNH project in Jalan Sultan Ismail. Daniel Chan, head of corporate services, said YNH is currently in talks with various parties on a potential joint venture to develop the project.

Pos Malaysia’s land value ripening but not for Khazanah

Apart from operating a sprawling nationwide network of postal service outlets, the golden egg in Pos Malaysia Bhd’s nest is the strategic land its properties occupy.

But with the recent sale of Khazanah Nasional Bhd’s 32.21% stake in Pos Malaysia to DRB-Hicom Bhd for RM622.8 million, it appears that the national postal operator’s valuable landbank had been given little time to ripen.

Land and property governance should be based on good principles, says MICG

KUALA LUMPUR: Land and property governance should be based on good principles rather than on hard and fast rules, says Malaysian Institute of Corporate Governance President (MICG) Tan Sri Megat Najmuddin Khas.

He said regulations should be reasonable enough to make them logically practicable in varied real life situations.