2022

Sunway Velocity Mall Spice Up Festive With Wander Wonder Christmas

‘Tis the season to be jolly with family and friends. Sunway Velocity Mall's Vanity Atrium has been brought to life with lights, colours and festive cheer during the Christmas holidays to Jan 2 next year. As the year approaches the end of a fruitful 2022, and after overcoming so many challenges, it is time to celebrate the year with joy and gratitude towards everyone around us.   “As...

Ibraco unit sets up JVCo for ready-mix concrete biz

Property developer Ibraco Bhd's unit Ibraco Construction Sdn Bhd has set up a joint venture company with supplier of asphalt concrete and ready-mixed concrete Kamunting Premix Plant Sdn Bhd. In a bourse filing on Friday (Dec 16), Ibraco said Ibraco KPP Concrete Sdn Bhd has an initial paid-up capital of RM100,000 represented by 100,000 ordinary shares. In the JV, Ibraco Construction will hold a 70%...

The Tropika Bukit Jalil

The Tropika Bukit Jalil opens its commercial way before residential starts

The Tropika Bukit Jalil Commercial has opened its doors for business to serve its surrounding neighbourhood in the Bukit Jalil area here, while awaiting the completion of its residential component in more than a year’s time. Developed by Berjaya Land Bhd (BLand), the commercial component forms part of The Tropika Bukit Jalil, a 6.5-acre freehold mixed development, which will include four blocks...

MRT Putrajaya Line

Putrajaya MRT 2 final trial to run from Nov 22 to Dec 18

To prepare for the full operation of the Putrajaya Mass Rapid Transit (MRT) line, Rapid Rail Sdn Bhd (Rapid Rail), Mass Rapid Transit Corp Sdn Bhd and contractors will conduct a final trial run of the Putrajaya MRT line Phase Two operation from Nov 22 until Dec 18. Rapid Rail said in a statement on Monday that the final trial run is a precondition set to measure and test system...

Pavilion REIT to buy Pavilion Bukit Jalil mall from Malton for RM2.2 bil

An agreement has finally been inked to facilitate Pavilion Real Estate Investment Trust's (Pavilion REIT) purchase of Pavilion Bukit Jalil mall (PBJ mall) from Malton Bhd. Both groups have been in talks regarding the purchase since December last year. Malton's executive chairman and major shareholder Tan Sri Desmond Lim is also the chairman and non-independent executive director of Pavilion REIT...

10 questions you should ask when buying new property

Buying a property can be an overwhelming experience, especially if you are a first-time homebuyer. To help you make a more informed decision, here is a list of questions to ask your developer, sales staff, or real estate agent when buying a new property in the primary market. 1. Who is the developer? Purchasing projects under construction carries the risks of delays, or the possibility of the...

Nga Kor Ming appointed as Local Government minister

Teluk Intan MP Nga Kor Ming, who has been involved in politics for the past 23 years, is no stranger to the national political arena and is now appointed as a member of the Cabinet, holding the portfolio of Minister of Local Government Development. Nga, 50, born in Kota Bharu, Kelantan, holds a Bachelor of Laws (Hons) from the University of Malaya (UM) and has been a barrister and solicitor of the High...

Desa ParkCity’s NOÖRA sees 73% of residential units taken up

Desa ParkCity’s Scandinavian-themed project NOÖRA recorded 73% of its residential units taken up over the weekend of Nov 26 and 27 during a Priority Sales event. Described as ParkCity Group’s first integrated development at its Desa ParkCity townwhip, the developer stated that there were “overnight queues as prospective buyers turned up as early as 4pm the day before the… event held for...

CTOS And iBilik Sign MOU To Enhance Property Rental Market

CTOS Data Systems Sdn Bhd, the wholly owned subsidiary of CTOS Digital Bhd, has signed a memorandum of understanding (MoU) with iBilik.com (iBilik), an online accommodation provider for room rentals and homestays. The deal will ease the vetting process for legitimate landlords and tenants by integrating several CTOS products into the iBilik platform such as CTOS eKYC digital onboarding solution, CTOS...

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