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i-City auxiliary police to be trained as emergency first responders
BY GRACE CHENCorporal Mohd Fazlee, Tan and Lau after inspecting the members of the auxiliary police contingent at i-City.THE i-City Shah Alam auxiliary police team will be trained to help the sick and injured while doing their duty of protecting people and property.“We realise that security...
Klang’s third bridge to open by March
BY ELAN PERUMALWork on the bridge is now going on at a rapid pace after the contractor failed to meet the first two schedules in June and December this year.WHEN the third Klang bridge was first announced by former Mentri Besar Tan Sri Khalid Ibrahim, many Klang residents had their reservations...
Residents burdened by flooding
BY PRIYA MENONThe recent flood destroyed much of Ngs furniture.WHEN Andy Ng, an IT manager, moved out of flood-ridden Taman Sentosa, Klang, he thought he had left his watery woes behind.To his dismay, his new home in Setia Impian was also flood-prone.It has flooded more than six times in the last...
Malaysia's property market still resilient despite challenges
BY EUGENE MAHALINGAM“Market fundamental is still resilient and the market has the holding power, in spite of some expectations of rising unit sales,” Sulaiman(right standing) said during a presentation at the Rahim & Co property research seminar recently. He said affordability is still a major...
What do the homebuyers think of 2017?
By Jonathan Roberts jonathan@propwall.comBuyer’s Sentiment Survey 2016[slider id='83709' name='Buyers’ sentiement survey' size='full'] THE beginning of a new year in property market brings little excitement. Market sentiment remains cautious and homebuyers tend to shy away from committing to...
Promising 2017 outlook for construction
BY TOH KAR INNMore construction jobs: Ongoing projects such as the MRT2 will contribute to the order books of infrastructure constructions players this year.PETALING JAYA: The construction sector outlook for 2017 seems promising, particularly for infrastructure construction players, given the slew...
Dec Realty Tidbits part II
Realty Tidbits: A recap of recent property happenings[slider id='81590' name='StarProperty' size='full']SP Setia’s ever expansion in MelbourneFollowing the grand opening of Parque Melbourne, S P Setia’s second project in Melbourne, the developer is keen to expand its territories in Australia,...
KIP REIT to raise at least RM234m from IPO
BY JOSEPH CHINKUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) plans to raise at least RM234mil under its proposed listing on the Main Market of Bursa Malaysia Securities.In its prospectus issued on Friday, it said the initial public offering (IPO) involved 234.15 million units at an...
YTL Hospitality REIT still a Buy at lower target price
KUALA LUMPUR: YTL Hospitality REIT is a still a Buy though Affin Hwang Capital Research has lowered its target price from RM1.60 to RM1.38 due to the dilution effect after its equity placement.It said on Friday the Buy rating was based on the attractive yields of 7.0% to 7.6%. Future asset...
SMART Tunnel listed among CNN’s top 10 world's greatest tunnels
PETALING JAYA: The SMART Tunnel in Malaysia has been listed as one of the top 10 world's greatest tunnels by CNN.The article explains that the tunnel is expected to prevent billions of dollars of possible flood damage and costs from traffic congestion in Kuala Lumpur's city centre.Built in 2007,...