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PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.
PETALING JAYA: Eco World Development Group Bhd (Eco World), UDA Holdings Bhd (UDA) and the Employees Provident Fund (EPF) board will be signing a tripartite agreement tomorrow to jointly develop the Bukit Bintang City Centre (BBCC) project with a gross development value of RM8bil.
PUTRAJAYA: Landowners and property developers, who form joint ventures (JV) to develop land and sell the units, would need to register and submit separate returns under the goods and services tax (GST), said Deputy Finance Minister Datuk Chua Tee Yong (pic).
PETALING JAYA: Gamuda Bhd recorded a 7% increase in net profit to RM182.18mil and a 26% growth in revenue to RM653.24mil for its second quarter ended Jan 31, 2015, boosted by strong contribution from the Klang Valley Mass Rapid Transit (KVMRT) project and the Gamuda City development in Vietnam.
KUALA LUMPUR: The goods and services tax (GST) will not have much impact on the property market, said Malaysian Institute of Architects (PAM) president Chan Seong Aun.