Strong Demand For Strata Landed Homes In Iskandar

UEM Sunrise, the master developer of Gerbang Nusajaya, a 4,551-acre commercial and business precinct in Iskandar Puteri in Johor, has reported strong sales at Melia Residences, its newest strata landed housing development. Within two days of its launch in April, buyers snapped up all 206 units in the project’s first and second phases, the majority … Read more

182 Abandoned Private Housing Projects Have Rebounded

The latest announcement from Dewan Rakyat that the government has rebounded a total of 182 private housing development projects which have been abandoned since 2009. “The complete projects involved 32,641 home-buyers”, said by Datuk Halimah Mohamed Sadique, Deputy Minister of Housing and Local Government. “There are 226 abandoned housing projects which affect a sum of 40,866 house-buyers” she … Read more

The First KLIA Aeropolis Project In Malaysia

Malaysia Airports Holdings Bhd (MAHB) has mapped out a big plans to transform 1,000 acres of empty land near Kuala Lumpur International Airport (KLIA) in Sepang with the potential of generating RM7bil in investments over five years. Managing director Datuk Badlisham Ghazali said the KL International Airport (KLIA) Aeropolis would be developed through three key clusters namely, Air Cargo, Logistics, … Read more

Penang To See RM2.72 Billion Worth Of Condos

Ideal Property Development plans to unveil RM2.72 billion worth of condominium developments in Penang Island this year. These include the RM378 million Summerskye Residences in Bayan Lepas that was launched January, said Datuk Alex Ooi, Executive Chairman of Ideal Property. For the upcoming projects, they consist 3,648 units that will be released from May to … Read more

Penang Undersea Tunnel To Cost RM6.3 Billion

According to the State Public Works and Utilities Executive Councillor Lim Hock Seng, Penang’s upcoming undersea tunnel and three paired roads are expected to cost a total of RM6.3 billion only. He was refuting the allegation made by Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan that the overall cost of the … Read more

Port Affected By Slow Economy

KUCHING: Bintulu Port Holdings Bhd (BPHB) has re-scheduled several of its major development projects for Bintulu Port as the economic slowdown has affected its total cargo throughput. Chief executive officer Datuk Mior Ahmad Baiti Mior Lub Ahmad said as there was no urgency to implement the proposed projects mooted two years ago, these have been … Read more