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Mah Sing posts decade-high RM2.51b sales in FY2025, sets RM2.76b target for 2026

Mah Sing posts decade-high RM2.51b sales in FY2025, sets RM2.76b target for 2026

news

Updated:
  • Mah Sing Group Bhd achieved RM2.51 billion in property sales for FY2025, marking a decade-high performance.
  • Company plans to launch RM3.45 billion worth of projects in 2026, targeting Klang Valley, Penang, and Johor.
  • With RM3.24 billion in unbilled sales, Mah Sing is well-positioned for future growth and profitability.
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Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

news

Updated:
  • Ann Joo Resources is selling 62.395 acres in Kedah for RM119.59 mil.
  • The sale is through its subsidiary GHIP and partner Transyear to Zichen Malaysia.
  • Ann Joo expects a RM42.3 mil gain from this land disposal.
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Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

news

Updated:
  • Over 1,000 malls will get recycling facilities by year-end.
  • This Cabinet decision aims to boost solid waste management.
  • It also promotes a circular economy in Malaysia.
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Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

news

Updated:
  • Citaglobal completed its private placement with new shares listed on Bursa Malaysia.
  • Berjaya Securities became a substantial shareholder, acquiring 8.64% of Citaglobal.
  • This subscription will not materially affect BCorp's financials.
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Chin Hin Group Property extends Johor JDA conditional period to December 9

Chin Hin Group Property extends Johor JDA conditional period to December 9

news

Updated:
  • Chin Hin Group Property Bhd extended a joint development agreement.
  • Conditions for the project were not fully met by the deadline.
  • The new conditional period ends on Dec 9, 2026 following the original expiry.
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Beyond property listings: building the right relationship with a real estate agent

Beyond property listings: building the right relationship with a real estate agent

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Updated:
  • A real estate director emphasises client-agent relationship quality.
  • Punctuality, rapport, and clear communication are crucial for success.
  • Agents offer more than viewings; use their market knowledge.
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Varia signs agreement to jointly develop RM250 mil residential project in Bandar Seri Alam

Varia signs agreement to jointly develop RM250 mil residential project in Bandar Seri Alam

news

Updated:
  • Varia Bhd's subsidiary will co-develop a 645-unit housing project in Johor Bahru.
  • This project has an estimated GDV of RM250 mil.
  • Profits will be shared equally with the landowner, Seri Alam Properties.
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IJM Land delivers Nexus Phase 1 in Seremban 2, now 85% sold

IJM Land delivers Nexus Phase 1 in Seremban 2, now 85% sold

news

Updated:
  • IJM Land began handing over Nexus Phase 1, a commercial hub in Seremban 2.
  • This phase, with 166 shop offices, has an 85% take-up rate.
  • The project aims to serve growing residential areas and ensure lasting commercial appeal.
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Sime Darby Property's new fund to give RM62 mil annual profit boost by 2H2027 — HLIB

Sime Darby Property's new fund to give RM62 mil annual profit boost by 2H2027 — HLIB

news

Updated:
  • Sime Darby Property's new fund could generate RM62 mil in annual profit by 2H2027.
  • The RM1.25 bil fund will invest in data centres and logistics projects.
  • It has secured capital commitments from major investors.
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Mah Sing posts decade-high RM2.51b sales in FY2025, sets RM2.76b target for 2026