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Mah Sing to offer more affordable housing


According to group chief executive officer Datuk Ho Hon Sang, (pic) the property group will focus on building affordable housing at strategic locations in its effort to support the government’s initiatives to boost home ownership as well as to meet with the current market demand.
is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year.
According to group chief executive officer Datuk Ho Hon Sang, (pic) the property group will focus on building affordable housing at strategic locations in its effort to support the government’s initiatives to boost home ownership as well as to meet with the current market demand.

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NLEX eyes construction of 2-km extension to Quezon City by second half of the year


June 27, 2021
THE North Luzon Expressway (NLEX) Corporation is set to jumpstart the construction of a new two-kilometer expressway section between the existing Mindanao Avenue toll plaza and Quirino Highway in Novaliches, Quezon City within the second half of the year.
“The construction of this new P2-billion expressway section will be welcome news for NLEX commuters who currently face daily traffic gridlock in the congested portions of Mindanao Avenue. Eventually, this section will be integrated into the future NLEX expansion to C5/CP Garcia near Katipunan Avenue. We foresee an interconnected tollway network that will be accessible to the west, east, north, and south sides of Metro Manila,” said NLEX Corporation President and General Manager J. Luigi L. Bautista.

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Why did the Miami apartment building collapse? And are others in danger?

Read more about Why did the Miami apartment building collapse? And are others in danger? on Business Standard. The 12-storey building with 136 apartments was built in 1981 on reclaimed wetlands. More than 55 apartments have been destroyed.

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R33m redevelopment project a boost for Kariega

Millions of rand are being pumped into a project in Kariega, often described as the stepchild of the Nelson Mandela Bay municipality, in an attempt to revive the little town’s economy.

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Gamuda Q3 earnings jump three-fold

PETALING JAYA: After several consecutive quarters of declining profit on a year-on-year (y-o-y) basis, Gamuda Bhd’s net profit for the third quarter ended April 30, 2021 leapt more than three-fold to RM141.83mil, led by stronger profitability of its construction, property and toll concession businesses.

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