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Magna City project to be downsized
PETALING JAYA: Magna Prima Bhd has downsized its Magna City project in Kuala Lumpur to RM600mil from RM1.1bil in gross development value (GDV) due to slowing growth, according to chief executive officer Lim Ching Choy. “In view of the slowing economy, we reposition our development to suit the market demands,” Lim told StarBiz. “We... »
Changing the face of PJ
A NEW generation of office buildings have mushroomed in several parts of Petaling Jaya over the past few years in tandem with growing demand for better office space outside the city centre. However, as the economy faces tough challenges in view of the current global financial crisis, the local property market has also experienced... »
I-BHD Building a legacy
I-BHD executive chairman Datuk Lim Kim Hong thinks he is building an intelligent city. He is doing that and more. He is building a legacy. Lim likens i-City to Hong Kong’s Cyberport and to Dubai’s Internet City and Media, but on a very much smaller scale. His two boys, Boon Siong, 35, and Ricky,... »