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AS at the end of the third quarter (3Q19), the amount of retail space in decentralised areas of the Klang Valley, defined as “Outside Kuala Lumpur City” (OKLC), has grown to 38.1 million sq ft.
Khazanah Research Institute director Suraya Ismail once likened houses to cars. Although that analogy may not be appropriate as a car is a depreciating asset, she was trying to bring home the point that just as our roads are not filled with Mercedes and Bentleys, so our housing market must display a range of prices.
MALACCA: The development of a RM400mil marina jetty terminal in Malacca for cruise liners is in the works, one of many projects lined up to drive the state’s growth.
PETALING JAYA: The acquisition of the 3,000 acres of Rubber Research Institute Malaysia (RRIM) land in Sungai Buloh is expected to cost RM3bil, sources said.
PETALING JAYA: The Employees Provident Fund (EPF) has appointed Mohamad Lotfy Mohamad Noh the chief executive officer of Kwasa Land Sdn Bhd, a 100% subsidiary of EPF and the master developer of the Rubber Research Institute Malaysia (RRIM) land in Sungai Buloh, sources said.
CYBERJAYA: Cyberview Sdn Bhd wants to lift the Green City status of Cyberjaya by pulling together key stakeholders to share ideas and knowledge through a series of talks.
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.