KUALA LUMPUR (Dec 19): IGB Real Estate Investment Trust (IGB REIT) announced the passing of its joint chief operating officer Daniel Yong Chen-I on Tuesday, due to a sudden cardiac arrest. Yong, a law graduate from the University of Bristol, England, had been an integral part of Mid Valley City Sdn Bhd (MVC) since 1999,…
Read MoreKUALA LUMPUR (Dec 15): Impiana Hotel Bhd has changed its company name to Magma Group Bhd effective immediately, its Bursa Malaysia filing on Friday showed. Notably, Impiana Hotel was in the spotlight in August this year after it saw Datuk Seri Lee Hock Seng and his spouse Datin Seri Joanne Yew Hong Im emerge as…
Read MoreKUALA LUMPUR (Dec 15): Country Heights Holdings Bhd said MBSB Bank Bhd is seeking to sell two pieces of land belonging to its subsidiaries through a public auction over the subsidiaries’ default on the payment of Islamic term financing facilities. In a bourse filing on Friday, Country Heights said MBSB is seeking the High Court’s…
Read MoreKUALA LUMPUR (Dec 17): Iron piles are being installed at the site of the landslide in Jalan Wawasan, Puchong, here, yesterday, to prevent further soil movement in the area. Serdang District Police Chief ACP A. A Anbalagan said work to install the 375 iron piles in the 150-meter area started at 4 am today. “In…
Read MoreKUALA LUMPUR (Dec 18): Bersatu’s Masjid Tanah MP Datuk Mas Ermieyati Samsuddin (pictured) has come under fire for insinuating that the newly revamped Malaysia My Second Home (MM2H) programme will give automatic permanent residency to applicants from China. In a report by The Star, Tourism, Arts, and Culture Minister Datuk Seri Tiong King Sing (pictured)…
Read MoreSulaiman SahehRahim & Co International Sdn BhdDirector of research for global realestate consultancy Strong rebound for 2022, moderate pace in 2023 and spill-over likely for 2024 Contributed by Sulaiman Saheh Following the strong rebound of 2022 in property market transactions, 2023 came through at a more moderate pace. The year began with a slight slowdown…
Read MoreKUALA LUMPUR (Dec 14): The Ministry of Local Government Development (KPKT) has approved financial assistance worth RM2.65 million for the maintenance of 20 non-Islamic houses of worship (RIBI) here. The KPKT, in a statement today, said six of the 20 RIBI had received financial aid of RM294,029 while the rest will be distributed next year….
Read MoreWell-designed CLQs put the focus on workers’ safety and comfort during their employment. The progress to better workers’ conditions in the form of CLQs By Yanika Liew As more residential property developers venture into industrial development, attention is shifting to the often-overlooked aspects of industrial property, with a particular emphasis on functionality and connectivity. One…
Read MoreTraditional Malay architecture can provide wisdom to be considered. Basing sustainable homes on traditional Malay architecture By Yanika Liew As Malaysia aims for more sustainable housing, architects and researchers find merit in looking to the past for a better understanding of what these houses could be. Resilient communities are founded on environmental to social sustainability…
Read MoreCaption: An artist’s rendering of a bird’s eye view of Antara Gapi township PKNS committed to developing the township to its full potential Antara Gapi, a promising township by Perbadanan Kemajuan Negeri Selangor (PKNS) in the midst of blooming in Serendah, is taking shape as a family-based community living in the many landed properties that…
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