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Govt mulls raising minimum capital for new property developers, blacklisting directors of sick and abandoned projects
The government is looking into raising the floor for paid-up capital and accumulated capital for new property developers, and to blacklist directors of sick and abandoned projects in an effort to ensure the sustainability of the housing sector.
Radium Development hands over keys to purchasers of Vista Sentul
Radium Development Bhd recently handed over keys to purchasers of its Vista Sentul devlopment at Jalan Sentul, adjacent to Jalan Ipoh.
Malaysia ranked 41 in list of best countries for remote workers
Malaysia came in at 41st place as overall the best country to work remotely, according to the Global Remote Work Index (GRWI).
Avaland and AmBank form strategic partnership to fund RM129.8 mil green financing for Alora Residences
AmBank has inked green financing facilities with Avaland Bhd valued at RM129.8 million for Alora Residences, the first phase of 2Fifth Avenue green-inspired masterplan.
DONE DEAL: Terraced house, Taman Megah 2, Selangor
Noteworthy:
- Freehold
- Built up size: 2,200 sq ft
- Land size: 1,500 sq ft
- 5 bedrooms, 4 bathrooms
- Semi-furnished
- Nearby amenities: Convenience stores, supermarkets, restaurants, The Mines Shopping Centre, AEON Mall Cheras Selatan, MRT Bandar Tun Hussein Onn
- Accessibility: SUKE highway, NPE highway
When: July 2023
Sunsuria inks partnership to open first cancer centre in Penang
The cancer centre is slated to operate early next year.
Sunway says unit has not yet received termination letter from PDC on Batu Kawan Industrial Park 2 project
"We will be in a better position to make the appropriate statement regarding the termination of the joint development agreement after receiving and reviewing the letter from PDC."
Sime Darby Property's TRiARA Residences notches positive take-up rate
The 5.6-acre development comprises three blocks of modern, multi-generational units.
Construction of ECRL halfway through, says deputy transport minister
Hasbi added that the year 2023 involves major structural works such as beam launching, construction of stations and track laying.
