GEORGE TOWN: Penang state government has set year-end timeline for the Gamuda Bhd-led SRS Consortium to submit application for approval to construct the light rail transit (LRT) project under the Penang Transport Master Plan (PTMP).State Local Government, Traffic Management and Flood Mitigation...

BY DAVID TAN, CHRISTOPHER TAN, AND JOLYN FRANCISGEORGE TOWN: Ten developers from Penang and Kuala Lumpur are showcasing about RM9.52bil in property at the Star Property Fair 2015.The developers are Eco World Development Group Bhd (RM710mil), Mah Sing Group Bhd (RM4.328bil), Ewein Zenith Sdn Bhd...

By: CHERYL POODeveloper to get shareholders’ nod for big project in PenangPETALING JAYA: Property developer Eco World Development Group Bhd is seeking shareholders’ approval for its multi-million ringgit mixed project in Penang.The company issued a circular to Bursa Malaysia detailing two land...

BEIJING: China has cut the minimum down payment requirement for first-time homebuyers, stepping up support for the property market amid an economic slowdown.The reduction to 25% applied to people buying homes in cities that didn’t have home-purchase restrictions, the People’s Bank of China said...

By: WONG WEI-SHENThey must meet the affordability criteria to avoid debt burdenKUALA LUMPUR: First-time home buyers should ensure they meet the affordability criteria before buying a home to avoid taking on a debt burden they cannot handle.Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said banks...

Gambero will be speaking about how infrastructure work in the Klang Valley will affect the property landscape.An OPPORTUNITY to learn more about the rise of the Klang Valley from sleepy towns to modern thriving metropolises that are rapidly developing, should not be missed. More so now that the...

KUALA LUMPUR: The Mid Autumn festival is a traditional celebration where the Chinese people believed the moon is the brightest and fullest of the year. What better way to celebrate this festival than with performances, various mooncakes and lanterns? Mah Sing Group Berhad (Mah Sing) did just...

BY SHALINI RAVINDRANHere’s the plan: Wan Zakariah (left) and senior general manager (expressway division) Khalid Mohamed with a model of the EKVE.FINALLY breaking their silence, Ahmad Zaki Resources Bhd (AZRB), the concessionaire of the East Klang Valley Expressway (EKVE) project explains about...

KUALA LUMPUR: Kwasa Land Sdn Bhd, the master developer of Kwasa Damansara, has awarded its first main infrastructure works project “WPC 1A” valued at RM127mil to WCT Holdings Bhd.The contract is for the proposed construction and completion of common infrastructure work at the Kwasa Damansara...

KUALA LUMPUR: Johor Corp (JCorp) real estate investment trust (REIT) Al-Salam is expected to finalise three property acquisitions within two years.JCorp president and chief executive officer Datuk Kamaruzzaman Abu Kassim said that the properties were located in Kuala Lumpur and Johor.The company is...