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Villagers concerned over abandoned complex in Kanchong Darat
BY ELAN PERUMALKANCHONG Darat residents have expressed their concern over the presence of Bazaar Darul Ehsan in Kanchong Darat in the Kuala Langat district.The complex, which is situated next to Sekolah Agama Menengah Unwanus Saadah Kanchong Darat Banting along Jalan Morib, appears to have been...
Park-and-ride facilities need improvement, say commuters
BY BRENDA CH'NGCars form long lines along the road leading to the Glenmarie LRT station and some even take up space near the pick up/drop off zone and bus stops. — Photos: ART CHEN and KAMARUL ARIFFIN/The StarWHILE travelling into the heart of Kuala Lumpur is now a breeze, thanks to various rail...
JMR to launch Marvel City and Marvel View, with GDV of RM2.2bil, soon
BY DAVID TANGEORGE TOWN: JMR Conglomeration Bhd is redesigning its Marvel City and Marvel View projects, which have an estimated gross development value (GDV) of RM2.2bil, for launch before 2020.Group managing director Datuk Goh Yong Chee told StarBiz after an AGM here that JMR had originally...
R&F Properties, which has developments in Malaysia, roars back into spotlight on Wanda deals
Chairman of R&F Properties Li Silian speaks during a strategic cooperation signing ceremony with Dalian Wanda Group and Sunac China Holdings Ltd. in Beijing, China July 19, 2017. Picture taken July 19, 2017. - ReutersHONG KONG: Once the leader of the elite group of developers known as the "Five...
China investors still bullish on Malaysian real estate
BY YANG HANBut private developers remain active, even though they might find it difficult to send money abroad to buy development land in Malaysia, as Sarkunan Subramaniam, managing director of Knight Frank Malaysia, noticed. “I know a large private developer from China, who even after the...
Westports on RM10bil expansion
On the move: The largest port operator in the country is considering options from the debt market such as sukuk and other forms of borrowings to finance the expansion besides using internally-generated funds. — BernamaPETALING JAYA: Westports Holdings Bhd is expected to invest up to RM10bil to...
Clear your head when buying a property
BY VIKTOR CHONGviktor@mystar.com.myWhy following the trend might not be a good ideaPETALING JAYA: When it comes to property purchase, one should not buy because many others are buyings, as the "majority" is usually not wealthy, said Mastery Asia Sdn Bhd chief executive officer See Kok...
WCT defers REIT, eyes RM2b KL-Klang Bus Rapid Transit project
KUALA LUMPUR: CIMB Equities Research said although WCT’s de-gearing initiatives remain largely on track, it was disappointed that the real estate investment trust (REIT) plans have been deferred to 2Q18 due to land and tenancy matters.“Overall, we conclude that the stock lacks strong...
Penang’s reclamation project still awaiting federal nod
By R. SekaranGEORGE TOWN: Chief Minister Lim Guan Eng is questioning why Penang’s reclamation project has not been given the go-ahead yet while approval has been given to other states for their projects.“Johor, Melaka and Kedah with bigger reclamation projects compared to Penang already have...
Tourism Malaysia: Take advantage of sweet September
BY HEMANANTHANI SIVANANDAMPETALING JAYA: Take advantage of the multiple public holidays in September and enjoy the scenic beauty of the country on “cuti-cuti Malaysia” outings – that’s the message from Tourism Malaysia.Its domestic and events senior director Datuk Ammar A. Ghapar said...