BY JAROD LIMMORE recreational parks and facilities will be built in Ampang with an RM5mil allocation.This includes a 3km jogging track at Taman Tun Abdul Razak park as well as the construction of two mountain biking trails at Bukit Indah, Ampang and AU2, Taman Setiawangsa.Ampang Jaya Municipal...

BY GURMEET KAURKUALA LUMPUR: This comes following efforts by the strategic development fund to monetise its various land parcels through joint ventures or outright sales as part of a strategic review to pare down its RM42bil debts as of March 2014.1MDB president and group executive director Arul...

BY THEAN LEE CHENGAn artist's impression of Bandar Malaysia.KUALA LUMPUR: 1MDB Real Estate Sdn Bhd (1MDB RE)will work with one or a few consortium to develop the 486-acre Bandar Malaysia, said C.H. Williams Talhar & Wong, its transaction advisor in a press briefing.The property consultancy's...

KUALA LUMPUR: UEM Sunrise Bhd’s unit UEM Land Bhd has sold the Imperia Building in Nusajaya, a newly-built office block with a retail area, to UEM Group Bhd (UEMG) for RM137.8mil in cash.The company said in a filing with Bursa Malaysia that the gross proceeds of RM130mil (excluding the goods and...

BY WANI MUTHIAHSHAH ALAM: There will not be any water rationing in Selangor, says Azmin Ali (pic).In assuring this, the Mentri Besar said various measures were being taken to ensure consumers had sufficient supply.Among the measures taken was building water tanks in high-risk areas, he said."Syabas...

BY MANGALESRI CHANDRASEKARANmangalesri@ocision.comStaying in a township has become a trend now mainly due to the convenience it offers, which include recreational parks, shopping malls, hospitals and education institutes. Malaysians from all walks of life share their experiences and expectations...

I think that future development of KL should move away from creating more townships and instead focus on improving higher density living within developed urban townships.  This is I think worth exploring as I think that more people should benefit from developed infrastructure rather than...

BY SHARIDAN M. ALIEu: ‘We already have the basic building blocks’.“WE are blessed and glad,” answers I-Bhd deputy chairman Datuk Eu Hong Chew when asked about the upcoming light rail transit line three (LRT 3) that will have a station in the heart of its flagship development, the i-City in...

BY NADYA NGUI Sunway Group founder and chairman Tan Sri Jeffrey Cheah.KUALA LUMPUR: Sunway Construction Group Bhd is hoping to lure investors to its initial public offering (IPO) with the promise of bigger job wins and a steady dividend payout.The IPO, however, has come at a volatile period for...

BY THEAN LEE CHENGImpressive: Artist’s impression of Bandar Malaysia.Consultant makes assumption based on huge size of land involvedPROPERTY consultancy CH Williams Talhar & Wong says Bandar Malaysia will likely be developed by a consortium of developers.“We are looking at equity participation....