KUALA LUMPUR (Oct 12): Battersea Power Station in London will see its office further expanding in 2023 with the completion of 50 Electric Boulevard, a 200,000 sq ft office building designed by Foster + Partners, according to a statement dated Oct 11. 50 Electric Boulevard is the BREEAM Outstanding rated workplace. It has been designed…
Read MoreKUALA LUMPUR (Oct 12): Charger point operators (CPOs) have been given a two-year period to submit applications for existing completed and operational electric vehicle charging bays (EVCBs) to local authorities, as announced by Minister of Local Government Development Nga Kor Ming. Nga said the programme aims to ensure that CPOs adhere to the planning and…
Read MoreKUALA LUMPUR (Oct 10): LKL International Bhd, whose share price has halved since the start of the year, is selling a parcel of land in Serdang, Selangor for RM6.65 million, its Bursa Malaysia filing showed. The company had completed the purchase of the freehold land, together with a unit of three-storey semi-detached factory erected thereon,…
Read MoreMonopoly Championship winner takes home RM28,888 in cash and VanillaCrepe franchise worth RM130,000 Marcus Teng, CEO of PropNex Malaysia: The primary goal was to facilitate learning and enjoyment while promoting financial literacy. KUALA LUMPUR, (Oct 11): It might be fake money you are using in the famous board property game of Monopoly but the top…
Read MoreKUALA LUMPUR (Oct 10): Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) proposed that the government to promote rent-to-own (RTO) scheme as part of its wishlist for the upcoming Budget 2024 In a statement issued on Tuesday, the association noted that with the stagnant economy and the…
Read MoreKUALA LUMPUR (Oct 10): RHB Investment Bank Research reiterated its “overweight” stance on the basic materials sector and said it remains confident on the cement industry, given the inherent synergies with the construction and property sectors. In a sector update on Tuesday, the research house reiterated its conviction that cement demand will continue to flourish…
Read MoreKUALA LUMPUR (Oct 10): The proposed RM450 million acquisition of Menara CelcomDigi by Sentral Real Estate Investment Trust (Sentral REIT) is deemed fair and reasonable, says independent adviser Public Investment Bank Bhd (PIVB). In a circular to shareholders, PIVB recommended to non-interested shareholders of Malaysian Resources Corp Bhd (MRCB) to vote in favour of the…
Read MoreKUALA LUMPUR (Oct 10): Alliance Bank Malaysia Bhd said it is acquiring a 24-floor office suite in Jalan Ampang, developed by Oxley Holdings Ltd’s subsidiary Oxley Rising Sdn Bhd for RM405.84 million. In a Bursa Malaysia filing on Monday, the banking group said the strategic location of the properties at the commercial centre of KLCC…
Read MoreThe EECA will require high energy consumers in the industrial and commercial segments to appoint a registered energy manager and conduct mandatory periodic energy audits. KUALA LUMPUR (Oct 10): The Energy Efficiency and Conservation Bill 2023 (EECA), set to pave the way for effective management of energy demand and sustainable energy consumption of high energy-consuming…
Read More“We hope the government will continue to expand green building development and consider providing small grants to developers,” said Leong. PETALING JAYA: Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list. Property developer Mah Sing Group Bhd’s (Mah Sing) wish list for Budget 2024…
Read More
