BY ELAN PERUMALThe project seen from Jalan Batu Tiga Lama, Klang.CONSTRUCTION work on The Boss, one of Klang’s most talked about development projects, has been abandoned halfway, dealing a cruel blow to 300 investors who were initially guaranteed huge returns on their properties.The multi-million...

BY ZUNAIRA SAIEEDKUALA LUMPUR: Berjaya Corp Bhd will advance over RM152mil to Berjaya Kyoto Development (S) Pte. Ltd (BKyoto) and subscribe for a 50% stake in the latter which is undertaking a billion-ringgit property project in Kyoto, Japan.Under the corporate exercise, BCorp said on Tuesday it...

GEORGE TOWN: Penang Gerakan Youth claims that potential buyers have been shortchanged through ‘shrinking’ affordable housing units.Its Legal and Public Complaints Bureau chief Jason Loo said the sizes of affordable units priced at RM300,000 and RM200,000 should be at least 850sq ft and 750sq ft...

Compiled by JUSTIN ZACK, TAN SIN CHOW and R. ARAVINTHANTWENTY-seven buyers who booked low cost houses in Kuala Ketil, Kedah, have demanded the houses be handed over by the developer as promised.Tamil dailies reported that the 24 Indian and three Chinese buyers had paid RM2,000 deposit each for the...

BY EUGENE MAHALINGAMScene of the Kuala Lumpur City Centre from the Kuala Lumpur Tower.PETALING JAYA: Rental rates for office space within the Klang Valley is expected to remain flat for the rest of 2015, as steady incoming supply will offset demand.Savills Malaysia executive chairman Chris Boyd...

PETALING JAYA: UOA Real Estate Investment Trust’s revenue for its second quarter ended June 30, increased 4.6% to RM23.15mil from RM22.13mil a year ago.Net profit for the quarter was up by 2.7% to RM11.85mil from RM11.54mil a year earlier.It has announced a dividend of 2.69 sen, bringing the...

PETALING JAYA: Berjaya Corp Bhd (BCorp) is buying a 50% stake in Berjaya Kyoto Development (S) Pte Ltd (BKyoto) for RM97.3mil.The seller of the stake is its 58%-owned Berjaya Land Bhd (BLand). After selling half of BKyoto to its parent, BLand will own the remaining 50%.BCorp will undertake to...

KUALA LUMPUR: Sunsuria’s share price fell to a low of RM1 on Wednesday on continued profit taking on the property counter after the recent run-up on corporate developments.At 10.06am, it was down eight sen to RM1. Turnover was 480,700 shares traded at prices ranging from RM1 to RM1.05.At RM1,...

Thrills and spills from the towering skyscrapersBY ANGIE NGangie@thestar.com.myTHE proliferation of high-rise buildings in Kuala Lumpur is changing the capital city's skyline and vistas, and the pace new buildings are cropping up can be fascinating and bewildering at the same time. On one hand, it...

BY TAN KIT HOONGSamsung's new robot vacuum is more powerful than ever.THIS VACUUM SUCKS: Very well, that is.ROBOT vacuum cleaners have been around for a while, but the challenge for manufacturers has always been in making the machines powerful yet small enough to navigate under the...