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Sapangar Bay Container Port Expansion to Start 2018Tuaran Needs Residential Secondary School
The expansion programme at Sapangar Bay Container Port, which is operated by Suria Capital Holdings Bhd (SCH), will commence next year and is expected to be completed by 2023. Speaking to reporters here, recently, Group Managing Director Ng Kiat Min said in the first phase, the berth length wo...
The Education Ministry has been requested to consider a proposal to establish a fully residential secondary school for this district once the Kota Kinabalu Science Secondary School (SMESH) moves back to the state capital after the completion of the construction of its new buildings in the near fu...
Developer Penalised for Failing to Install Water Meters

A housing developer has earned the wrath of the authority when it failed to install water meters to house buyers who have paid for the deposit for the meter. The developer was compounded a hefty RM12,000 for their failure to do so, said district water engineer Ishar Hamka Ismail. According ...
Malaysia, One of the Best Countries to Invest In

Property investment has always been looked upon as a safe retirement vehicle. Asean renowned real estate analyst, Colin Tan comment that Malaysia is currently one of the best countries to invest in right now. He explained that Malaysia has one of the lowest real estate prices in the world and ...
Timing Is Everything in Real Estate Investment

Real estate investment, at its core, is all about timing. A lot of people would consider location as the most important factor when it comes to investing, which is a common misconception, according to Asean renowned real estate analyst, Colin Tan. There are many investors out there who had inv...
SSSA Calls for in-Depth Study on Cabotage ExemptionsDilapidated Schools to Be Redeveloped
Sarawak Sabah Shipowners Association (SSSA) has urged the state government to revisit the cabotage policy and conduct an in-depth study on the impact of the exemption before implementing permanent changes that may cause damage to the local shipping industry without benefiting Sarawakians’ welfa...
The 127-year-old SK Abang Ali in Sibu will soon have a new building costing RM3.5 million to cater to the needs of its teachers and pupils. Chief Minister Datuk Amar Abang Johari Tun Openg announced the upgrade when officiating at the 127th Anniversary Dinner of SK Abang Ali on Saturday, May 2...
RM300mil Funds Allocated for Affordable Housing

With an allocation of RM300 million under the 11th Malaysia Plan, the Housing Development Corporation (HDC) is targeting to construct 1,000 units of affordable houses. Sarawak's Minister of Local Government and Housing Datuk Dr Sim Kui Hian said the state government has launched two housing pr...
RM8.98 Billion Expected in Tourism Receipts This Year

Sarawak is targeting five million tourist arrivals and expecting RM8.98 billion in tourism receipts this year. Minister of Tourism, Arts, Culture, Youth and Sports Datuk Abdul Karim Rahman Hamzah said the tourist arrival figure stood at 1.67 million as of April this year. “As of Jan to Ap...
Pan Borneo, Baleh Dam Catalytic to CMS’ Earnings Growth

Cahya Mata Sarawak Bhd’s (CMS) construction materials and cement divisions are expected to continue driving the group in the near to long term future, underpinned by an expected increase in demand for materials for the development Pan Borneo Highway and Baleh Dam. Following a visit to CMS, t...
Contractor to Actively Tender for Affordable Housing ProjectCyberjaya Community Recycling Collection Centre Nabs Silver A' Design Award for Sustainable Products, Projects and Green Design
Building contractor, Inta Bina Group Bhd, is expected to take a more active approach in tendering for affordable housing projects in the Klang Valley from private housing developers under the federal and state affordable housing scheme. In a statement on Thursday, May 25, the company said, the...
The A’ International Design Award and Competition, based in Italy, has recently announced the Cyberjaya Community Recycling Collection Centre as the recipient of notable Silver A' Design Award for Sustainable Products, Projects and Green Design. The facility is a community recycling project com...
Asian Pac Quietly Makes an Impact in Kepong

Asian Pac Holdings Berhad has long established itself as a serious property developer. Their flagship mixed-development KK Times Square in Kota Kinabalu, Sabah, comprising Imago Shopping Mall, The Loft Residence and Signature Office seemed to have propelled them to a higher-level playing field. B...
Naza TTDI Teams Up With Under Armour to Launch Armour @ThePark

Naza TTDI together with Under Armour launched its socially driven initiative, Armour@ThePark at the Naza Tower, Platinum Park early on Tuesday morning (May 16). In echoing the governments’ call for a fitter and more active Malaysia, Naza TTDI and Under Armour have teamed up to inspire the publi...
Setia Launches Citizen Setia Facebook

SHAH ALAM: With the digital touch points evolving around consumers and affecting the way media and communication are consumed, Setia today launched its Citizen Setia Facebook to connect with its property purchasers and fans on the most popular social media platform in Malaysia. “The Citizen ...
Malaysians Help Fuel New Zealand Property BoomHow Placemaking Is Transforming Bangkok
The rise of Malaysian tourists and permanent residents in New Zealand are having major ramifications on the nation’s property market. Around 53,008 Malaysian residents arrived in New Zealand for a stay of fewer than 12 months in the year to January, according to Statistics New Zealand. It ma...
Placemaking has become a buzzword in urban planning parlance, with projects around the world raring to be branded as a showcase of such. Southeast Asia, not the least Bangkok, is playing catch-up. The Thai capital is playing host to several ambitious placemaking projects that will be completed ov...
Tap Into Cambodia, the Next Pot of Gold for Investment

Amid the uncertainty of Brexit and the slowing real estate sector in Singapore, emerging markets like Cambodia, Sri Lanka and Vietnam are catching the attention of investors looking for more promising investment opportunities in South Asia and Southeast Asia. From being the least-developed cou...
S P Setia Awarded Toh Tuck Road Site by URA

Malaysia’s No. 1 Property Developer, S P Setia Berhad Group through its subsidiary S P Setia International (S) Pte Ltd was awarded the tender for the popular Toh Tuck Road site today by URA. This site will be home to S P Setia Berhad Group’s third development in Singapore. Dato’ Khor Ch...
Buying in Singapore, Australia, UK the Favourite for Malaysians

Singapore, Australia and the UK are the top overseas home choices for wealthy Malaysians, according to Knight Frank’s Attitudes Survey in the latest edition of its Wealth Report. The survey also revealed that Malaysia topped Asian countries when it comes to looking abroad for their children...
Ringgit Extends Gains Against US$ Early WednesdayForeign Purchases Slow but Steady on Bursa
The ringgit extended Tuesday's gains to open higher against the US dollar on Wednesday as more investors shifted their interest towards emerging currencies, including the ringgit, dealers said. At 9.01 am(0101gmt), the local note was quoted at 4.3100/3140 against the greenback from 4.3260/3300...
MIDF Amanah Investment Sdn Bhd (MIDF Research) observed that foreigners took their foot off the pedal as the amount purchased in the open market – excluding off-market deals – declined significantly to RM239.9 million net, compared to RM645.3 million the week before. Nevertheless, this surpl...
Rise in Property Loan Approval Is Not Sustainable

There are hundred of new launches and properties in the market. Hence, making these properties attainable requires strong monetary backing from the financial institutions in this country. MIDF Research believes the six percent increase in net approved property loan to RM8.72 billion in January...
BNM Governor: Malaysian Economy to Expand 4.3-4.8percent This Year

The country’s economy is projected to expand between 4.3 and 4.8 percent this year driven by domestic demand and support from the external sector, says Bank Negara Malaysia Governor Datuk Muhammad Ibrahim. He said domestic demand would remain a key driver with support from an improvement in ...
Invest in Property Now or Wait?

Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective in their investments, says the head of equity research Sarah Lim. “We reckon rebound or laggard plays with decent sales trajectory are wo...

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