Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Rivertree enters into a RM600m related-party deal to build labour quarters

Rivertree enters into a RM600m related-party deal to build labour quarters

news

Updated:
  • Rivertree STF Synergies Bhd has signed a heads of agreement to develop four labour quarters in Klang Valley.
  • The project, valued at RM600 million, will provide 28,800 beds and is led by RSSB Builders Sdn Bhd.
  • Collaboration involves related parties, with Rivertree's directors holding stakes in the partner companies.
Read More
Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

news

Updated:
  • Setia Awan's Sena Residences in Shah Alam saw 98% take-up for its first two towers.
  • This led to an early release of 1,102 new units, including Soho Transit Units.
  • These units offer affordable, transit-oriented living near an LRT station.
Crescendo extends land sale deadline as TNB utility condition remains unresolved

Crescendo extends land sale deadline as TNB utility condition remains unresolved

news

Updated:
  • Crescendo Corp Bhd extended its land sale agreement.
  • The deal, worth RM200.88 mil, is for industrial land in Johor.
  • An outstanding condition with Tenaga Nasional Bhd needs fulfilling.
Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

news

Updated:
  • Sunway MCL and CSC Land Group submitted the highest bid for River Valley Green (Parcel C).
  • Their S$750.57 mil offer set a new benchmark land rate.
  • This final parcel will yield over 500 premium residential units.
PRG Holdings board terminates related-party debt settlement, initiates independent review

PRG Holdings board terminates related-party debt settlement, initiates independent review

news

Updated:
  • PRG Holdings Bhd terminated a debt settlement plan.
  • It involved RM37.17 mil owed by Premier De Muara Sdn Bhd.
  • An independent reviewer will be appointed to address governance concerns.
IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

news

Updated:
  • IWG launched Malaysia's first Regus Express at Crowne Plaza KLCC.
  • The workspace is located along Jalan Yap Kwan Seng and near MRT and LRT stations.
  • It meets growing demand for flexible, capital-light workspace solutions.
Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

news

Updated:
  • Harn Len's subsidiary will acquire a Hong Kong serviced apartment block.
  • The purchase price is HK$203.8 mil (RM105.35 mil).
  • A deposit of HK$20.38 mil has been paid.
Selangor studies land issue on third terminal in Port Klang

Selangor studies land issue on third terminal in Port Klang

news

Updated:
  • Selangor finalises land for Port Klang's Third Terminal on Carey Island.
  • The project uses a Build-Operate-Transfer model, targeting a construction start this year.
  • This strategic port aims to boost Malaysia's economic and logistics sectors.
Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

news

Updated:
  • BDB Land is developing Darulaman Commercial District, a RM41.5 mil project.
  • It includes 45 shop offices and a new corporate building.
  • This aims to boost the region's economy and community.
Bites
Rivertree enters into a RM600m related-party deal to build labour quarters