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ML Global to use pre-cast materials in future projects
BY EUGENE MAHALINGAMLim: ‘The system can help shorten the construction period. Something that takes a whole year can be done in eight to 10 months. The shorter time period means faster revenue.’PETALING JAYA: The rising cost of labour is prompting construction outfit ML Global Bhd to use...
Mah Sing’s Cosmowealth stake purchase viewed positively
BY S. PUSPADEVIPETALING JAYA: The market is viewing positively Mah Sing Group Bhd’s latest acquisition of a 78% stake in Cosmowealth Housing Development Sdn Bhd (CHD) for RM55mil, coming just two weeks after the acquisition of five plots of freehold land in Kuala Lumpur.Mah Sing, which has almost...
493 condo units sold in four hours
BY RUBY LIMChai (left) and son Michael showing The Holmes 2 model at the launch of the project’s Block B, at Desa Valley in Kuala Lumpur.THE entire Block B of The Holmes 2 in Bandar Tun Razak, Kuala Lumpur by Aset Kayamas was sold out at its launch last weekend.All 493 condominium units were...
Proposal to not have new parking bays shot down
THE announcement by Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor to eventually do away with parking bays in future commercial developments in Kuala Lumpur’s central business district received intense public backlash.While some cited convenience in driving to work, others...
Tribute to beauty of hardwood
Chengal House is an ecologically friendly building designed with the surrounding community in mind, an open layout and 27-foot high ceiling allow in sunlight and promote natural ventilationWINNING the FIABCI Prix d’Excellence Awards 2017: Silver Award in the Purpose-Built Category for Chengal...
MPKj: Public must help check dengue spread in Hulu Langat
KAJANG: Municipal Council (MPKj) president Mohd Sayuthi Bakar has cautioned residents against complacency in light of a spike in dengue cases in Hulu Langat, Selangor, which recorded 5,300 cases with 16 deaths until May 21.On May 13, the dengue figures for the district stood at 4,927 cases with 14...
DoE stops RM1.2bil project
BY SHARANPAL SINGH RANDHAWAALOR SETAR: A RM1.2bil mixed development project in Kuala Kedah, dubbed “The Dubai of Malaysia” has been issued with an immediate stop-work order.The order against the Aman Laut project was issued by the Department of Environment (DoE) through a notice...
Re-greening and ecological restoration
As a responsible property developer, SDB has not only rehabilitated but also further enhanced the river with a bioengineering system that is new in Malaysia, to ensure it continues to rehabilitate itself in the long run.SELANGOR Dredging Berhad (SDB) has come a long way from its humble beginnings...
HLIB positive on Mah Sing’s latest development
KUALA LUMPUR: Hong Leong Investment Bank Research (HLIB) is “mildly positive” on Mah Sing Group Bhd’s latest acquisition as the proposed development will be RNAV accretive to Mah Sing.Additionally, HLIB said the land cost relative to GDV was competitive at 12.7%.Mah Sing is acquiring a...
IJM Land bags international award again
The breathtaking view of the Bandar Rimbayu entrance.IJM Land recently won gold in the FIABCI World Prix d’Excellence Awards 2017 for its Bandar Rimbayu residential development.IJM Land Berhad managing director Edward Chong and Bandar Rimbayu Sdn Bhd COO Shuy Eng Leong both agreed that the award...