The local industrial property market is still doing well, despite challenges and worries about growing inflation, says Knight Frank Malaysia. Judy Ong, the company’s senior executive director of research and consultation, said the local industrial sector has seen steady growth in recent years, largely due to a higher e-commerce penetration rate.This is one of the...
Read moreKUALA LUMPUR (Aug 8): KSL Holdings Bhd said it is buying 84 acres of land in Johor Bahru from Tropicana Corp Bhd for RM109.89 million. The land in Pulai will be used for landed property development, KSL said, noting that the purchase will enhance the group’s presence in the property market in Johor. “The proposed acquisition enlarges the current...
Read moreKUALA LUMPUR (Aug 2): The total cost of the Mass Rapid Transit Line 3 (MRT3) project is estimated to be as much as RM50.2 billion. In a written parliamentary reply on Aug 1 (Monday), which was uploaded on Parliament’s website, the breakdown comprised RM34.3 billion for construction cost, RM8.4 billion for land acquisition cost, RM5.6...
Read moreAccording to Mass Rapid Transit (MRT) Corporation Bhd, the MRT Line 3 or Circle Line is the critical final piece to complete the Klang Valley’s urban rail network. The 50.8km alignment along the perimeter of the Kuala Lumpur city will connect to the existing MRT, light rail transit (LRT), KTM Komuter and Monorail lines via...
Read moreSince its launch, Mutiara Damansara, which means “the Pearl of Damansara” in English, has been well received by the public owing to the township’s ample amenities. It has almost anything one could want, be it retail therapy, grocery shopping, fitness, food or entertainment. In fact, The Edge has made it its home for the past 12 years....
Read moreInterest in smart homes has increased as they are changing the way we live in a positive way. Technology plays a key role in home automation, which can free up time and, in some cases, help save money. What is a smart home and how does it work? According to Samsung Malaysia Electronics Sdn Bhd...
Read moreGEORGE TOWN: Eco World Development Group Bhd (EcoWorld) is undertaking the development of residential properties in Batu Kawan with an estimated gross development value (GDV) of RM1.1bil. “The properties comprise semi-detached houses, bungalows and uniquely designed houses with innovative concepts that we brand as co-homes and garden homes, respectively. “We are building some 1,100 units of such...
Read moreSYDNEY: Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid rising borrowing costs and a cost-of-living crisis. Figures from property consultant CoreLogic out on Monday showed prices nationally fell 1.3% in July from June when they dropped 0.6%. Prices were...
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