KUALA LUMPUR (Aug 24): Taman Bukit Maluri and Bandar Menjalara residents will be assisted by Segambut MCA to convert their land titles from leasehold to freehold. Segambut MCA chairman Datuk Daniel Ling urged those who wanted to convert their titles from leasehold to freehold to see him for help, The Star reported yesterday. “In March, Kuala Lumpur High Court had granted approval for...
Read moreTEMERLOH (Aug 23): The Housing and Local Government Ministry plans to build 500 units of terrace homes under the People’s Housing Project (PPR) in Jenderak, Kuala Krau, here. Its minister, Datuk Seri Reezal Merican Naina Merican (pictured) said this was to assist the B40 group to own a house and in complying with the new...
Read morePETALING JAYA: The Malaysian timber industry continued to perform well despite the Covid-19 pandemic and its associated economic fallout, with exports recording a growth of 3.1% to RM22.70bil in 2021 from RM22.02bil in the previous year, Bernama reported. The Malaysian Timber Council (MTC) said in terms of percentage of export value growth year-on-year, plywood tops...
Read moreKUALA LUMPUR (Aug 22): MCT Bhd has entered into an agreement to acquire 4.02 acres of leasehold commercial land in Bangi, Selangor for a total purchase consideration of RM31.5 million. MCT chief executive officer Teh Heng Chong said in a press release: “This is an important milestone for our group as it is our maiden...
Read morePETALING JAYA (Aug 23): Global hospitality company Hilton has announced six landmark signings in Asia-Pacific (Apac) across its portfolio of luxury brands, namely Waldorf Astoria Xi’an, Waldorf Astoria Shanghai Qiantan, Waldorf Astoria Kuala Lumpur, Waldorf Astoria Sydney, Conrad Nagoya and an LXR Hotels & Resorts property in Bali, according to a press statement. The signing...
Read moreKUALA LUMPUR (Aug 22): Knight Frank Malaysia reported that the country’s office sector will continue to improve this year due to the uptick in economic activities and improved business sentiments, following the country’s transition to the endemic phase. It said this in a press release introducing its latest Real Estate Highlights 1H2022 (REH), which features...
Read moreKUALA LUMPUR (Aug 23): UDA Holdings Bhd has inked a sale and purchase agreement (SPA) with BBCC Development Sdn Bhd to purchase a hotel building here in Bukit Bintang City Centre (BBCC). In a statement on Aug 22, the developer stated the purchase of the RM295 million hotel building is a proactive measure to strengthen...
Read moreHigh-rises – their sundry sizes, shapes and shades filling our city skylines are a statement of how strata living has become a major part of city living. In developed countries, city makers pay great attention to how strata communities can be aligned to the city planning to benefit its inhabitants and the city development as...
Read moreSHAH ALAM (Aug 20): If you find yourself in the vicinity of Setia Eco Park, a must-visit place is the D’Network F&B hub. Located within the sprawling Setia Eco Park development, the main draw of D’Network would obviously be the gastronomical offerings, because it is not just the ordinary fare of fast food or run-of-the-mill meals. Instead, the...
Read moreAME Real Estate Investment Trust (AME REIT), which is en route to list on Bursa Malaysia’s Main Market on Sept 20, is looking to buy yield-enhancing assets from third parties in Peninsular Malaysia’s central and northern areas. It aims to expand its portfolio outside of Johor to generate stable cash flows and potential long-term income...
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