All posts in "Development"
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Klang’s Third Bridge To Be Ready By Year End

By Kim Wong / a couple of years ago

WORK on Klang’s third bridge is 75% complete and motorists can look forward to smoother traffic flow by the end of the year. The new bridge, the construction of which started two years ago, will complement the two existing bridges – Jambatan Kota and Jambatan Musaeddin. It will connect Jalan Goh Hock Huat from north […]

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Cable Car System For Penang Gets Rejected

By Kim Wong / a couple of years ago

GEORGE TOWN: The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. The cable car aims to link Gat Lebuh Nordin on the island to public transport hub Penang Sentral in Butterworth on the mainland. Both areas are close […]

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Strong Demand For Strata Landed Homes In Iskandar

By Kim Wong / a couple of years ago

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 […]

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182 Abandoned Private Housing Projects Have Rebounded

By Kim Wong / a couple of years ago

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 […]

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The First KLIA Aeropolis Project In Malaysia

By Kim Wong / a couple of years ago

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, […]

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Penang To See RM2.72 Billion Worth Of Condos

By Kim Wong / a couple of years ago

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 […]

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Penang Undersea Tunnel To Cost RM6.3 Billion

By Kim Wong / a couple of years ago

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 […]

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Property Prices In Iskandar To Surge In Next 10 Years

By Kim Wong / a couple of years ago

Iskandar is expected to become the newest investment haven in Malaysia, especially its real estate sector, according to many experts interviewed by the New Straits Times. It is forecasted to emerge as one of the world’s most prosperous regions in the next 10 years after it was left behind by property booms in Penang, Kuala Lumpur […]

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Port Affected By Slow Economy

By Kim Wong / a couple of years ago

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 […]

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Abandoned Plaza Rakyat To Be Redeveloped In June 2017

By Kim Wong / a couple of years ago

According to the Deputy Minister of Federal Territories Datuk Dr. Loga Bala Mohan, the long abandoned Plaza Rakyat will be refurbished and work is expected to start in June 2017, reported Bernama. “Before we start work on this building, we have to first settle the claims of the depositors of the project. Hence, we have […]

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