Regular complaints of defects should be a wake-up call, construction industry told
By THE STARPETALING JAYA: Malaysia has a relatively matured construction industry but the quality of the finished product should not be overlooked, Housing and Local Government Minister Datuk Seri Kong Cho Ha said. “The recent spate of building failures and regular complaints of defects of completed properties should be a wake-up call for all stakeholders [...]
E&O prepares for RM4bil property launches
By THE STARKUALA LUMPUR: Eastern & Oriental Bhd (E&O) aims to bolster its working capital position by raising RM500mil to prepare for high-end property launches worth RM4bil, said executive director Eric Chan. The projects would be launched in the coming months amid the recovery in the economy after a dry spell in terms of new [...]
Glomac plans projects worth RM550m
By BUSINESS TIMESPROPERTY developer Glomac Bhd (5020) is looking to launch at least three new developments for the financial year ending April 30 2010, with a combined gross development value (GDV) of over RM550 million.Group managing director Datuk FD Iskandar is optimistic that the local property market will improve by the second half of next [...]
E&O set to capitalise on better market conditions
By BUSINESS TIMESHIGH-end property developer Eastern & Oriental Bhd (E&O) (3417) is well-poised to capitalise on the improved market conditions, managing director Datuk Terry Tham says.”Our strong brand and proven track record has helped with successes achieved at our recent property launches,” he said in a statement in Kuala Lumpur yesterday.E&O’s new launches since June, [...]
Sunway wins RM147m commercial project
By BUSINESS TIMESSUNWAY Construction Sdn Bhd (SunCon), a wholly-owned subsidiary of Sunway, has won a RM147.36 million contract from Putrajaya Holdings Sdn Bhd to build a commercial project in Putrajaya.Under the deal, SunCon will design, construct and complete a 16-storey three-star hotel and an 11-storey office tower on Plot PZ10, Parcel Z, Precinct 1, Putrajaya.The [...]
The Lure of Australian Properties
By THE STARPETALING JAYA: Australian properties have always attracted a sizeable number of Malaysian investors and the reasons are obvious. The country’s close proximity to Malaysia, strong economy, political stability and the number of Malaysians studying Down Under make it probably one of the most favoured destinations for many locals – for a long or [...]
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