BY NG BEI SHANPrime land: The front view of the Lai Meng property at Jalan Ampang. At RM3,500 psf, the buyer will have to fork out about RM400mil for the land. James Goh(inset pic) of Rahim & Co’s investment section told StarBiz: “While we have a target price of about RM3,500 per sq ft (psf),...

BY THEAN LEE CHENG, INTAN FARHANA ZAINULPicture shows The Paradigm Mall in Kelana Jaya, Selangor, owned by WCT holdings. “We may consider injecting our hotel business when it is mature,” WCT managing director Peter Taing Kim Hwa(inset) told StarBiz.PETALING JAYA: WCT Holdings Bhd plans to...

All major roads and highways in Penang will have dedicated bicycle lanes, said Chief Minister Lim Guan Eng.ALL major roads and highways in Penang will have dedicated bicycle lanes, said Chief Minister Lim Guan Eng.He said the state government was giving special attention to complete the lanes on...

BY M. SIVANANTHA SHARMAHalted: Some of the Rumah Hijau residents blocking MPSP enforcement officers from pulling down units within the area in Butterworth.AUTHORITIES were stopped from carrying out demolition works at the Rumah Hijau village in Mak Mandin, Butterworth, whose occupants had been...

BY CHERYL POOPETALING JAYA: Tadmax Resources Bhd has accepted a RM30mil loan from Malaysia Building Society Bhd to develop a 41.5-acre parcel of land in Ganggarak, Labuan.In a filing with Bursa Malaysia, the property developer said the bridging financing-I facility was accepted via its wholly owned...

BY KELLY TEYProspective buyers looking at a scale model of the Vina Versatile Homes @ Cheras during Mitraland Group’s sales carnival.MENARA Mitraland, the corporate tower that houses the headquarters of Mitraland Group, is now officially open.Standing as the tallest structure in Kota Damansara,...

THE developer of T-Parkland @ Templer Park, B&G Majestic Property Sdn Bhd is a subsidiary of B&G Capital Resources Berhad and not MCT Bhd as published in the article “Moving-in woes for apartment owners” (StarMetro, Aug 4).The staff member quoted in the article Joyce Goh is an employee of B&G...

BY PRIYA MENONRewarding customers: Tiew (front row, third from right) with the buyers during the ticket presentation ceremony.LOYAL Andaman Group property buyers were given a unique opportunity to understand the world of investments thanks to a reward programme by the developer.Over 170 tickets for...

BY NORBAITI PHAHARORADZIollective voice: Shahrir (second from left) and Velasamy (fourth from left) showing the protest signatures.JOHOR BARU: About 300 property owners of Kim Teng Park are protesting a plan to acquire their properties under the Johor Baru City Centre Transformation Plan.Kim Teng...

KUALA LUMPUR: OSK Holdings Bhd’s voluntary takeover offer for PJ Development Bhd (PJD) shares has become mandatory as of Tuesday, as its shareholding in the property and construction firm has exceeded 33%.OSK Holdings told Bursa Malaysia that the terms and conditions of its offer remained as set...