BY PRIYA MENONTHE Shah Alam City Council (MBSA) will implement the new guideline to increase plot ratio for transit-oriented-development (TOD) from 1:4 to 1:8 in the city centre.However, MBSA will only give approval on a case-to-case basis instead of a blanket approval.TOD will focus on maximising...
PETALING JAYA: Ahmad Zaki Resources Bhd’s unit has won a project with a gross development value of RM257mil to develop a part of the Kwasa Damansara Township in Petaling Jaya.The job, bagged via Ahmad Zaki Sdn Bhd from Kwasa Land Sdn Bhd, is for high-rise residential units located on 3.91...
IS BR1M a waste of the country’s money since cases of abuses have been reported? Can we afford it?Idris: BR1M is a constructive fiscal initiative that directly transfers money into the hands of the deserving, unlike subsidies that enrich those who do not need it. It is meant to provide essential...
Velasamy (fourth from left) presenting a souvenir to Shahrir (second from left) at the appreciation ceremony. — ZAZALI MUSA/The StarJOHOR BARU: Residents of Kim Teng Park are relieved that the proposed acquisition plan for their housing estate has been postponed.Residents committee chairman...
BY DATO’ JOEY YAPBack when Feng Shui was a mystical study practiced only by scholars appointed by the Emperor, the primary study of Feng Shui was to study burial spots. At some point in time, the focus of Feng Shui shifted and it is used for the living to study their living spaces and this...
As regulations ease and US companies push to open up investment opportunities to people with small amounts of money, crowdfunding for real estate deals is poised to grow substantially. A TIPPING point may be near for US investors seeking to benefit from crowdfunding in real estate, an industry...
The IOI City Towers comprise two 31-storey Grade A offices with one million square feet of total net lettable area (NLA).IOI Properties Group Bhd (IOIPG) is developing IOI City Towers – a new Grade A, international-class office development comprising two office towers with a total 1 million sq ft...
BY BAVANI M.Long abandoned: The Plaza Rakyat project was abandoned after the previous developer Plaza Rakyat Sdn Bhd was hit by the Asian financial crisis in the late 1990s. — GLEN GUAN/The StarAFTER 20 years in limbo, the billion ringgit uncompleted Plaza Rakyat project will finally be revived...
Property owners must ensure that a tenancy agreement is in place to prevent themselves from being prosecuted if illegal activities are conducted on their premises.Malaysian Institute of Estate Agents (MIEA) councillor Alex J. Gomez said the tenancy agreement is a legal contract between the tenant...
BY MOHD FARHAAN SHAHNUSAJAYA: Johor plans to be in the forefront in knowledge economy by attracting more information and communications technology (ICT) companies to invest within Iskandar Malaysia.Mentri Besar Datuk Mohamed Khaled Nordin said under the 11th Malaysian plan, the Government has...