Further down the road from Bangsar South, UOA Holdings is putting the finishing touches to its Menara UOA Bangsar project on Jalan Bangsar.

The National Economic Policy (NEP) was implemented in 1971. The intentions were honourable and in time, the NEP has proved to be a nurturing ground for increased bumiputera equity in all areas of society and resulted in Malaysia’s majority community realising its future and pride.

Puchong has seen robust developments over the years.

PETALING JAYA: The industrial appearance of Section 13 in Petaling Jaya, Selangor may give way to commercial properties if a proposed Special Area Plan (Rancangan Kawasan Khas or RKK) for the area is gazetted.

KUALA LUMPUR: The current Hentian Puduraya bus terminall will be undergoing a RM31 million facelift.The Finance Ministry will allocate RM25 million for the facelift and the balance of RM6 million will come from UDA Holdings Bhd's (UDA) own funds, said UDA managing director Datuk Jaafar Abu Hassan during a press conference.Upgrading will be in three phases mainly to make the place more comfortab

SYDNEY: A slight overall decline in national vacancy has been recorded for investment grade industrial property in Australia, according to the Savills Industrial Stock Survey (SISS).Set as a new bi-annual benchmarking tool for the performance of the national industrial sector in Australia, the inaugural survey in September 2008 recorded a national vacancy rate of 3.2%.

A Grade A 21-storey purpose-built office space within an easily accessible lifestyle development is what the owner of Menara Kencana, Kencana Capital Assets Sdn Bhd, is offering prospective tenants.

Glomac Bhd group managing director and CEO Datuk FD Iskandar has every reason to be proud of the group’s achievements in commercial development — since 1993 the group has successfully completed 5.4 million sq ft of commercial space with a total sales value of about RM1.4 billion. But the journey is far from over.

With two commercial developments underway, IOI Properties Bhd general manager (group operations) Lee Yoke Har admits that it’s an exiting time for the group. “In the past, we’ve concentrated on township developments. This time around, we’re doing something unique and niche,” she says.

Location and the type of product offering are crucial to any property development, but perhaps more so during difficult times.