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Ekovest again extends RM310 mil RTS Link land deal from 2023, deadline now end-April

Ekovest again extends RM310 mil RTS Link land deal from 2023, deadline now end-April

news

Updated:
  • Ekovest Bhd has extended its land acquisition deal along the JB–Singapore RTS Link to April 27, 2026.
  • The deal, originally set for April 2024, has been extended five times to allow for further negotiations.
  • Ekovest aims to enhance its property development business through this acquisition.
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Hap Seng unveils KL Midtown Signature Office Towers with confirmed tenancies

Hap Seng unveils KL Midtown Signature Office Towers with confirmed tenancies

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Updated:
  • Hap Seng Land unveiled KL Midtown Signature Office Towers, a new Grade A development.
  • Tenants seek sustainable, high-quality office spaces with digital infrastructure.
  • The first tenant moves in soon, with more expected by year-end.
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AME REIT to buy three freehold industrial plots in Johor-Singapore SEZ

AME REIT to buy three freehold industrial plots in Johor-Singapore SEZ

news

Updated:
  • AME REIT is buying 8.87 acres of industrial land in Johor for RM50.2 mil.
  • This is their first third-party acquisition, expanding their i-Park presence.
  • They plan to develop custom industrial facilities to meet market demand.
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Maybulk shareholders approve RM278.05 mil disposal of Klang freehold land

Maybulk shareholders approve RM278.05 mil disposal of Klang freehold land

news

Updated:
  • Maybulk shareholders approved selling land in Klang, Selangor for RM278.05 mil.
  • The resolution passed with 99.9938% of votes in favor at an EGM.
  • This approval allows Maybulk to proceed with the land disposal.
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Eonmetall shareholders approve RM273.3 mil disposal of Klang freehold land

Eonmetall shareholders approve RM273.3 mil disposal of Klang freehold land

news

Updated:
  • Eonmetall Group Bhd shareholders approved selling land in Kapar, Klang.
  • The sale to WG Malaysia VIII Sdn Bhd is for RM273.28 mil cash.
  • All votes cast at the EGM were in favour of the disposal.
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Leader Steel shareholders approve RM136.6 mil Klang land disposal

Leader Steel shareholders approve RM136.6 mil Klang land disposal

news

Updated:
  • Leader Steel shareholders approved selling land in Kapar, Klang.
  • The RM136.56 mil disposal was passed unanimously.
  • Ferronet Asia Sdn Bhd will sell to WG Malaysia VIII Sdn Bhd.
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KPKT: Participating developers to offer 10% home purchase discount at Arec 2026

KPKT: Participating developers to offer 10% home purchase discount at Arec 2026

news

Updated:
  • Asean Real Estate Conference 2026 offers a 10% home purchase discount.
  • The event provides financing advice and aims for RM1.5 bil in transactions.
  • It's a free, four-day event for homebuyers and industry stakeholders.
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Property managers reject ad-hoc intervention as solution to low-cost housing crisis

Property managers reject ad-hoc intervention as solution to low-cost housing crisis

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Updated:
  • MIPFM states COB intervention isn't a long-term fix for low-cost housing issues.
  • Untrained committees, low fees, and poor oversight are key problems.
  • They propose professional management and a National Housing Management Body.
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UOA REIT declares 3.94 sen distribution as 2Q property income jumps 30.8%

UOA REIT declares 3.94 sen distribution as 2Q property income jumps 30.8%

news

Updated:
  • UOA REIT declared a 3.94 sen per unit distribution.
  • Its 2Q net property income surged 30.8% due to better occupancy.
  • The REIT anticipates stable office space demand and seeks acquisitions.
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