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PETALING JAYA: The Government has earmarked several multi-billion projects that will see the construction of several highways, a mass rapid transit (MRT) system, and the Kuala Lumpur International Financial District (KLIFD) amongst others, to be kicked off next year.
PETALING JAYA: Developers and property consultants have urged the Government to commission extensive and in-depth feasibility and market studies on the proposed 100-storey Warisan Merdeka to gauge its cost-benefit and potential impact on the property market before proceeding with the project.
KUALA LUMPUR: Participants from the private sector at a post-Budget 2011 seminar organised by the Malaysian Economics Association were critical of the less-than-agressive stance of the Government over efforts to lower Malaysia's budget deficit, which has been targeted to come down to 5.4% of gross domestic product (GDP) compared with 5.6% this year.
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) will be undertaking the Warisan Merdeka development over three phases in 10 years starting with the 100-storey tower next year.
PERMODALAN Nasional Bhd (PNB) has studied market trends before deciding to embark on the Warisan Merdeka development, its president and group chief executive Tan Sri Hamad Kama Piah Che Othman says. The 100-storey tower will be a five-star green building which is still uncommon in Kuala Lumpur.