EDGEPROP. 13TH JUNE: Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican has asked the Penang government to provide information on the industrial sector to be developed at the high-technology industrial area on a 339-hectare site in Jalan Tun Hamdan Sheikh Tahir. “We want an industry based on high technology because we do not […]
THE EDGE MARKETS. 13TH JUNE: “Better Public Housing, Together” Jan Gehl, a global leader in people centred urban design said in his TED Talk, “We know much about good habitat for mountain gorillas. We know much about good habitat for Siberian tigers. But we hardly know anything about good urban habitat for homo sapiens.” A subtle shift […]
SINGAPORE BUSINESS. 7TH JUNE: The supply will cater to the strong housing demand. The government raised the supply of private housing under the government land sales programme to 3,505 units in the second half (H2) of 2022 from 2,785 in the first half of 2022 to address the demand for housing. In a statement, the Ministry of National Development […]
PENANG PROPERTY TALK. 8TH JUNE: Penang is expected to host a new Mitsui Outlet in the near future as Mitsui Fudosan Co Ltd and joint venture partner Malaysia Airports Holdings Bhd are awaiting greenlight from the state authorities. The approval for the new mall, which would be located near Penang International Airport (PIA), was expected by […]
NEW STRAITS TIMES. 7TH JUNE: Glomac Bhd’s Ruma 33, a hillside residential development in Saujana Sungai Buloh, a mature sub-urban residential area within the greater Klang Valley, has been fully taken-up. The gross development value of this double-story terrace housing project is about RM28.5 million. It was launched in December 2021. Ruma 33 will have 33 […]
PROPERTY GURU. 8TH JUNE: The draft Ampang Jaya Municipal Council Local Plan 2035 (RT MPAJ) features proposals for a new highway project as well as the alignment for the Mass Rapid Transit (MRT) 3 Circle Line. Meanwhile, concessionaires of new highway projects, including three such projects in the Klang Valley, will now have to bear the cost […]
THE EDGE. 2ND JUNE: Johor Baru’s real estate market is poised for growth following the reopening of borders at the start of 2Q2022. As the country transitions to the endemic phase of Covid-19, most pandemic restrictions have been lifted and fully vaccinated travellers are now allowed to cross the Malaysia-Singapore border without the need for testing […]
YAHOO NEWS. 1ST JUNE: The average house price in the UK recorded a double digit jump to £269,914 in May but the cost of living crisis is likely to cool down the housing market, mortgage lender Nationwide said. May saw “a slight slowing” in the rate of annual house price growth. Prices were 11.2% higher than a […]
EDGEPROP. 1ST JUNE: Malaysian property and casualty (p&c) insurance returned to a solid 3% growth in 2021, after declining by 0.6% in 2020, according to Allianz Global Insurance Report 2022. In a statement on Wednesday (June 1), Allianz Group said the life segment continued to enjoy robust growth at 8%, benefiting from the increased risk […]
THE EDGE MARKETS. 31ST MAY: We arrive at the Royal Selangor Visitor Centre café in Setapak for an interview with SkyWorld Development Group Sdn Bhd CEO Lee Chee Seng on a grey Thursday morning. In contrast with the gloomy weather, Lee, who took the helm in January, appears exhilarated as he tells us about the […]