KAMPONG Lorong Buangkok, the last remaining village in Singapore valued at SGD 70 million (RM225 million), has gained attention recently on social media. In a TikTok video by Wan & Zal, a duo known for exploring properties in Singapore, they showcase the village and its place in the local landscape. The village stands strong thanks to its owner, Sng Mui Hong. The land was purchased by her father,...
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IPOH: The Perak government has refuted the claim by an activist of a non-government organisation, which has gone viral on social media, that it approved an allocation of RM30 million for the development of Kampung Baru Cina in the state. Menteri Besar Datuk Seri Saarani Mohamad said the activist concerned made the statement on the matter, which was a lie and fictitious, during a political talk with...
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...
KAMPAR: The Housing and Local Government Ministry (KPKT) has approved an allocation of RM6.72 million (RM6,719,840) for the implementation of 11 development and public infrastructure projects in Kampar this year. Its Minister Nga Kor Ming said the projects include the Malaysian Housing Maintenance Fund Programme (RM210,000), the Kampar District Council development project (RM3.06 million), and the...
IPOH: The Ministry of Housing and Local Government (KPKT) has allocated RM14 million for the reconstruction of the Pasir Pinji Market, which will accommodate 214 traders. Minister Nga Kor Ming stated that the project, which is expected to be completed by 2027, will not only boost the local economy but could also potentially become a tourist attraction. “Today, I am announcing an RM14 million...
JOHOR BAHRU: Industrial REIT AME Real Estate Investment Trust (AME REIT) recorded a 6.7% increase in net property income (NPI) to RM11.4 million in the first quarter ended June 30, 2024 (1Q25) from RM10.7 million in the previous corresponding quarter (1Q24). The growth was driven by a 8.2% rise in rental income to RM12.3 million from RM11.4 million previously, attributed to contribution from an...
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 higher revenue of RM467 million in the first quarter ended March 31, 2024 (Q1FY24) as compared to RM405 million in the preceding year’s corresponding quarter ended 31 March 31, 2023 (Q1FY23)....
PETALING JAYA: MGB Berhad, a construction and property development solutions provider and subsidiary of LBS Bina Group Berhad, today announced that its wholly-owned subsidiary MGB Construction & Engineering Sdn Bhd has accepted a letter of award worth RM189.35 million (contract) from Anuar Aziz Architect on behalf of Kemudi Ehsan Sdn Bhd for a development project on Lot 4295, Mukim Ijok, Daerah...
KUALA LUMPUR: SkyWorld Development Berhad, an urban property developer principally involved in investment holding, provision of management services to its subsidiaries and property development, yesterday announced its financial results for the fourth quarter (Q4FYE2024) and unaudited full year ended March31, 2024 (FYE2024). For Q4FYE2024, SkyWorld Development reported profit before tax (PBT) and profit...
KUALA KANGSAR: The Ministry of Housing and Local Government (KPKT) has allocated RM5.43 million for 21 infrastructure development and improvement projects in the Kuala Kangsar district. Its minister, Nga Kor Ming said all the projects must be completed by Dec 31 and the highest amount of allocation of RM1 million has been channelled to the project to upgrade and refurbish the swimming pool belonging...