Ken plans to branch out into hospitality sector with new project

By BUSINESS TIMES KUALA LUMPUR: Engineering specialist Ken Holdings Bhd will branch out into the hospitality sector with its upcoming Ken TTDI (Taman Tun Dr Ismail) commercial development. The project is due to be completed by 2014, Ken Holdings chairman K.C. Tang said. The company invested RM120 million in the project. It will consist of [...]


Billion-ringgit tower atop LRT station

By THE STAR Project to be developed by joint venture PETALING JAYA: In what may be Syarikat Prasarana Negara Bhd’s most ambitious project yet to unlock value from its real estate, the national public transport operator is partnering with a developer to build a billion-ringgit tower atop its Dang Wangi light rail transit (LRT) station. [...]


Four Seasons Place KL to open in 2015

By BUSINESS TIMES NO RUSH: Back to drawing board to ensure a world-class end-product, source says THE Four Seasons Place in Kuala Lumpur will open in 2015, sources say. News of a Four Seasons being developed in the capital by two tycoons and a sultan first surfaced in 2005. In 2007, some work even began [...]


Naza TTDI expects RM315m sales at property carnival

By BUSINESS TIMES SHAH ALAM: Naza TTDI Sdn Bhd, the property development arm of Naza Group of companies, expects to sell RM315 million worth of properties at its first ever property carnival this weekend. The developer of the RM15 billion KL Metropolis project in Kuala Lumpur will offer buyers several incentives for some of its [...]


Condo buyers want stalled project to be revived

By THE STAR Frustrated by the delay in reviving the Platinum Damansara Condominium project, about 30 buyers held a protest in Ara Damansara last Tuesday to voice their grievances. The project, consisting of four blocks of service apartments and a commercial building, stalled in 2007 and the buyers are having a tough time finding interested [...]


Developer will not compensate USJ One Avenue residents

By THE STAR NO COMPENSATION will be paid to residents of USJ One Avenue in USJ 1, Subang Jaya, whose cars have been damaged in a flood at the condominium’s lower ground car park last week. The decision was made by the developer in a meeting with residents’ representatives. Last week, more than 200 cars [...]