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RM1bil refurbishment ensures some of the building’s old charm is retained
BY SAMUEL ONGThe cascading glass canopy that used to be to hover above the main atrium has now made way to more retail space.WITH the ever-increasing number of shopping centres in Kuala Lumpur, city folk have an endless choice on where to go.But back in the late 1980s and 1990s, when there were...
Majority of Ampang Park tenants, owners agree to new plan
BY SHALINI RAVINDRANMore discussions will be carried out to determine the affected construction area and the compensation with unwilling owners. — filepicSOME 80% of owners and tenants of Ampang Park shopping centre have agreed to the new design plan and mutual agreement put forward by Mass Rapid...
LBS Bina confident of RM1.2b sales
BY CHERYL POOKUALA LUMPUR: LBS Bina Group Bhd aims to achieve RM1.2bil sales for the financial year ending Dec 31, 2016 after meeting its target for last year.“We are confident of achieving it through planned launches worth RM2.5bil in gross development value (GDV) over the year. This includes...
Upward re-rating catalyst for WCT on condition of special dividend
BY P. ARUNAWCT is also planning a real estate investment trust (REIT) listing for some of its property investment assets. The research house said the group’s plan was to inject its 70% owned Paradigm Mall and BBT Shopping Mall which is fully-owned, while its 70% owned gateway@klia2 mall...
Help developers get advertising permit and licence, Rehda urged
GEORGE TOWN: The Real Estate and Housing Developers’ Association (Rehda) Penang has been urged to play a bigger role in helping local developers obtain the advertising permit and developer licence (APDL) for their projects.It was reported in The Star that 47 out of 81 applications for the licence...
Merging of three local plans into one mulled
(From left) Penang Chief Minister Lim Guan Eng and Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo accompanied by other state excos and event participants at the Penang Property Summit 2016 at SPICE Arena, Penang. - Pic by: LIM BENG TATT.GEORGE TOWN: Studies are now...
PDC to build more affordable homes
(From left to right) State executive Councillor Lim Hock Seng; state Religious Affairs, Domestic Trade and Consumer Affairs Committee chairman Datuk Abdul Malik Abul Kassim; PDC information officer Chang Wing Mow; State Health Committee chairman Dr Afif Bahardin; Penang Chief minister Lim Guan Eng;...
Suites offer stunning coastal views
GETTING a panoramic view of the waterfront with breathtaking vistas all around are the elements that contribute to the attractions of The Loft @ Southbay City in Batu Maung, Penang.Described as a ‘private gateway to an enchanting sea’, the low-density residential development is home to 156...
Promise of wider roads in Pandan Perdana before completion of high-density project
The residential roads in Pandan Perdana are always congested as there are only two lanes, which has worsened with several building projects taking place.THE Ampang Jaya Municipal Council (MPAJ) has assured residents that road widening works in Pandan Perdana will be finished before the completion...
Insight into wastewater treatment
BY VINCENT TANVisitors from UBM, the Dutch embassy and the media checking out one of the grit-removal chambers at the Bunus Regional Sewage Treatment plant.TO help spread awareness about what happens after you press “flush,” Asiawater 2016 conference organiser United Business Media (UBM) Asia...