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Mah Sing seeks JV with Govt to build affordable homes
BY NADYA NGUIQ&A session: Leong (centre) with executive director of corporate and investment Datuk Steven Ng Poh Seng (left) and CEO & executive director Ng Chai Yong briefing reporters after the company’s AGM.KUALA LUMPUR: Mah Sing Group is currently in talks with the Government with the view of...
SP Setia to launch third project in Melbourne – Maison Carnegie
Called Maison Carnegie, the residential project would have a gross development value (GDV) of A$32mil and would be completed towards the end of 2017, explained Choong Kai Wai (inset pic), the chief executive officer of S P Setia Australia.(Premium development: An artist’s impression of Maison...
Bandar Malaysia JV secures funding
BY AFIQ ISAKUALA LUMPUR: The Bandar Malaysia Fund will accelerate the development of the major city centre project, which has a gross development value of RM200bil and will be built over 15 to 25 years, according to Iskandar Waterfront Holdings Sdn Bhd (IWH) group executive vice-chairman Tan Sri...
CIMB: Base rate hikes may benefit a few banks
“RHB Capital remains our top pick for the sector. We retain our earnings forecasts for now but could raise our projections if the BR hikes push up banks’ earnings above our expectations in the coming quarters,” it said in a report.PETALING JAYA: Base rate hikes could be a new earnings...
MRCB aims big at Bandar M’sia transport terminal
KUALA LUMPUR: Construction and property firm Malaysian Resources Corp Bhd (MRCB), which has entered into a non-binding memorandum of understanding (MoU) with Wondrous Vista Development Sdn Bhd and IWH CREC Sdn Bhd to collaborate on developing an integrated transportation terminal at Bandar...
‘Bandar Malaysia a top destination’
BY NEVILLE SPYKERMANKUALA LUMPUR: Bandar Malaysia will not only be a place for businesses as there will be a social element with 5,000 affordable homes, says Datuk Seri Najib Tun Razak.Shareholders Ministry of Finance Inc (MOF Inc) and Iskandar Waterfront Holdings and China Railway Engineering...
Report: SP Setia may be affected by Brexit
Exit fear: OUB Kay Hian says SP Setia’s longer-term earnings may be impacted by lower take-up rate of its Battersea Power Station project emanating from uncertainty of prolonged economic slowdown and sentiment in the event of Brexit.PETALING JAYA: A number of Malaysian companies with investments...
Talk on transit-oriented developments for property investors
Abdul Aziz (right) will enlighten forum visitors about the future of connectivity in Kuala Lumpur and the Klang Valley.PROPERTY investors are still on the search for good property deals and many genuine buyers are leaning towards transit-oriented developments (TOD) as their choice.According to real...
Seven water disruptions in Sentul, Segambut and Kepong since May
BY VIJENTHI NAIRThe replacement of sewerage pipes in Jalan Ipoh and the surrounding areas has repeatedly damaged Syabas’ water pipes this year.THE contractor of a sewerage upgrading project had burst underground water pipes, causing water disruption in a few areas in Sentul, Segambut and Kepong...
Update ownership details, MBPJ urges property owners
BY SHEILA SRI PRIYAProperty owners in newer developments in PJU have not updated their details with MBPJ. — filepicIT IS compulsory for property owners in Petaling Jaya to update their ownership details with the Petaling Jaya City Council (MBPJ), failing which, they will be penalised.They can be...