IN THE NEWS

Kuala Lumpur City Hall (DBKL) has streamlined its planning and building approvals by enhancing its current set of development guidelines to speed up the application and approval process for future projects. The Guidelines for Earthworks Application, Road and Drainage Works, and the Carpark and Internal Traffic Circulation, will serve as sources of reference for consultants,…

The Petaling Jaya City Council (MBPJ) will collaborate with the Malaysian Institute of Architects, Bomba (Fire and Rescue Department) and other associated experts, to revise the guidelines on suitable materials and safety measures for future construction projects. As per the Special Action Area Plan, MBPJ made it mandatory for the Kwasa Damansara project to be…

Each government pensioner is limited to merely one child who qualifies for affordable housing under the 1Malaysia Civil Servant Housing Scheme (PPA1M). The offspring’s of government pensioners may purchase housing between RM150,000 and RM300,000 (landed or strata units), irrespective of their career background in either the public or private sector. Applicants are given the choice…

In January 2018, the Malaysian Consumer Price Index (CPI) increased by 2.7% to 121.3 from 118.1 in January 2017, due to higher prices of 10 major groups: transport (5.7%), food and non-alcoholic beverages (3.8%), and furnishings, household equipment and routine household maintenance (2.6%). These were followed by restaurants and hotels (2.4%), health (2.3%), housing, water,…

Via Tenaga Nasional Bhd’s (TNB) subsidiary, Sabah Electricity Sdn Bhd (SESB), a technical training centre in Kota Belud, Sabah, has been erected to improve staff competency. The centre will benefit SESB contractors and the public establishing the first, accredited by the Energy Commission cable joiner course, in Sabah offering training in the field of electric…

The Penang International Airport will undergo RM700 million in upgrading works, which will be carried out in several phases. Under Phase 1, approximately RM30 million will be allocated to the optimisation of current airport inefficiencies such as long queues at the immigration counter. Phase 2 entails the construction of a RM90 million seven storey car…

In three phases, Wegmans Holdings Bhd intends to develop four parcels of its own land, measuring 905,397 sq ft. Phase 1 which will tentatively be completed by 4Q19, encompasses the construction of one factory, management office, showroom and workers’ hostel. While there are no concrete plans for the two subsequent phases at this juncture, they…

Over the next two to three years, MB World Group Bhd projects a higher earnings growth rate due to increases in upcoming launches. This was attributed to high sales rates recorded at projects in Taman Sri Penawar (township in Kota Tinggi, Johor), Desaru Coast and the refinery and petrochemical integrated development (Rapid) project (Pengerang). MB…

Prasarana Malaysia Bhd (Prasarana) and SMRT Corporation Ltd (SMRT) will proceed in forming a joint venture company (JV Co) to operate the Johor Baru-Singapore Rapid Transit System Link (RTS Link). This was subsequent to the acceptance of a letter of offer (LO) on February 9, 2018, which was jointly issued by Malaysian Government and Singapore’s…

Coming into effect on February 13, 2018, the Malaysian Government’s decision to revise the toll and levy charges at the Tuas Toll Plaza is expected to positively impact Johor’s economic growth. More visitors are likely to be drawn to Johor Baru from Singapore including those who utilise Singapore as a gateway transit to other Asean…

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