KUALA LUMPUR: KTI Landmark Bhd's Taman Seri Lemawang housing project in Tuaran with the Housing & Urban Development Board (LPPB) has recently been awarded the Special Award of Excellence in Construction for Sabah Qlassic Programme 2023 and a 4-star rating from the Construction Industry Development Board (CIDB). In a...
KUALA LUMPUR: Resintech Bhd signed two significant agreements to strengthen the company’s financial performance and further its strategic expansion into property development. The company’s wholly-owned subsidiary, Johan Panglima (M) Sdn Bhd (JPSB), signed a share subscription agreement with CNH Group Sdn Bhd (CGSB) and a tenancy agreement with Concepts ATC Sdn Bhd (CASB). Upon completion of the...
PETALING JAYA: Construction and property development group Varia Bhd’s wholly owned subsidiary, Pembinaan Teguh Maju Sdn Bhd (PTM), has secured a contract for Johor River Flood Mitigation Project Phase 1, Package 1, expanding its infrastructure project portfolio. The contract was awarded by Ikatan Harmoni Sdn Bhd for the development of a reservoir and associated flood mitigation works in Kota...
Should You Invest In A Subsale Or A Brand New Property? As a first-time buyer, upgrader, or savvy property investor, one of the most crucial decisions you’ll face before making any investment is choosing what type of property to invest in. Once you know what kind of home you want and where it should be, the next decision will either make or break your investment decision. “Should I...
5 Starter Homes: Upcoming KL Apartments Under RM550,000 for Young Professionals Juggling a busy work life with finding the perfect affordable home can be tough, especially in a city like Kuala Lumpur. But with several new residential developments on the horizon, there’s bound to be something that suits your needs and budget. So, we’ve rounded up five new launches completing in 2027 that...
PETALING JAYA: LBS Bina Group Berhad, a developer guided by people-first values, clinched the award for “Highest Growth in Profit After Tax Over Three Years” under the property sector category at The Edge Billion Ringgit Club Awards 2024. The event was held at St. Regis, Kuala Lumpur, and officiated by Prime Minister Datuk Seri Anwar Ibrahim. The award, presented to LBS deputy CEO Lucas Lim Kim...
PETALING JAYA: WCT Holdings Berhad, an investment holding company with businesses in engineering and construction, property development, and investment in and management of retail malls and hotels, recorded revenue of RM376 million in the second quarter ended June 30, 2024 (Q2FY24) as compared to RM424 million in the preceding year’s corresponding quarter which ended on June 30, 2023 (Q2FY23). The...
Is It Legal for My Condo Management to Charge A “One-Time” Fee For Gym Usage? Q: I’m a tenant who barely ever uses the gym at my condo. One day, I finally decided to check it out, but just as I was about to walk in, a security guard stopped me and said I needed a special access card. The catch? I must pay a one-time fee of RM50 for it. I’m confused because my landlord has been paying the...
PETALING JAYA: S P Setia Bhd has initiated legal proceedings against its former senior management over alleged breaches of duties linked to the purchase of land parcels in Kota Kinabalu, Sabah, as well as the sale of units under the company’s Aeropod project.In a filing with Bursa Malaysia, the property developer said...
Are You Currently House Hunting? Here's How To Choose Between a New Launch Property or a Subsale House The prospect of owning your very first property is indeed exciting. But if everything about the property market is new to you, it’s prudent to get your basics down first. The first thing to know is the available types of property. There are three main options – primary market, secondary...