Concorde to be demolished?
News broke last week that a long-standing KL landmark might soon be brought down to make way for a more modern and lucrative development. The word on the ground is that The Concorde Hotel, known as The Merlin Kuala Lumpur from 1957 to 1990, could be demolished to make way... Read more
Flattish market for a while, say industry experts
BY Roznah Abdul Jabbar The property market, especially the residential sector, will remain flat, not only in the second half of the year but for a period beyond it, said managing director of valuation firm, Khong & Jaafar Sdn Bhd, Elvin Fernandez. Speaking at the press conference at the... Read more
Fourth block of Jadite Suites up for grabs
BY Gunaprasath Bupalan Following the successful sale of the first three residential blocks of the Jadite Suites project, developer Gamuda Land (the property arm of Gamuda Bhd) has now released the fourth to buyers. The project, which is taking shape within the gated-and-guarded residential enclave of Jade Hills in... Read more
Tabung Haji not selling TRX land
In response to speculation by certain quarters, the Malaysian hajj pilgrims fund board Tabung Haji has indicated that it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB). A Bernama report quotes Tabung Haji chief executive officer Datuk Johan Abdullah as... Read more
HBA takes legal action against KPKT
BUYERS OF PALACE COURT SUFFERED A DELAY IN THE DELIVERY OF THEIR HOMES AND THE GRANTED E.O.T. WILL NOW EXTINGUISH THEIR COMPENSATION RIGHTS, SAYS HBA   BY Roznah Abdul Jabbar  The National House Buyers Association (HBA) has declared that it will be pursuing legal action against the Ministry of... Read more