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Paramount converts Sinaran Residences and Sinaran Avenue in Utropolis Batu Kawan to freehold tenure

Paramount converts Sinaran Residences and Sinaran Avenue in Utropolis Batu Kawan to freehold tenure

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Updated:
  • Paramount Property has converted Sinaran Residences and Sinaran Avenue from leasehold to freehold.
  • This change benefits 980 purchasers, with freehold titles issued to 964 and 16 buyers respectively.
  • The initiative enhances property value and ownership security, removing lease expiry concerns!
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Abdul Wahid Omar joins Sunway board as non-executive director

Abdul Wahid Omar joins Sunway board as non-executive director

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Updated:
  • Tan Sri Abdul Wahid Omar has joined Sunway Bhd's board as a non-executive director.
  • His appointment follows Sunway's unsuccessful takeover bid for IJM Corp.
  • Sunway's shares rose by 1.53% to RM5.30, valuing the company at RM36.07 billion.
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DutaLand and Olympia Industries move to unwind 23-year Sri Hartamas consortium, unlocking RM1.92 bil landbank

DutaLand and Olympia Industries move to unwind 23-year Sri Hartamas consortium, unlocking RM1.92 bil landbank

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Updated:
  • DutaLand Bhd and Olympia Industries Bhd are terminating a 23-year consortium over land in Kuala Lumpur.
  • Agreed value for the termination is RM1,917.0 mil, with both companies citing differing business directions.
  • Post-termination, they will retain rights of way and must comply with a master development plan.
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Tuju Setia bags RM359 mil Sime Darby Property contract for Ara Damansara residences

Tuju Setia bags RM359 mil Sime Darby Property contract for Ara Damansara residences

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Updated:
  • Tuju Setia Bhd has secured a RM359.28 million contract from Sime Darby Property Bhd.
  • The project involves constructing three 17-storey apartment blocks on a nine-storey podium in Ara Damansara.
  • The contract is set to last 40 months, starting April 21, 2026, and is not a related party transaction.
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Generasi Baru heads to Setia Bayuemas @ Klang this Saturday — register for treats, gifts

Generasi Baru heads to Setia Bayuemas @ Klang this Saturday — register for treats, gifts

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Updated:
  • S P Setia Bhd is hosting the second session of its Generasi Baru campaign on April 18 in Klang.
  • Event will feature market insights, wellness activities, and opportunities to engage with industry experts.
  • Attendees can enjoy treats, win prizes, and learn about property decisions in a modern context!
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IJM Land unveils RM6.8 mil recreational precinct in S2 Heights Aman

IJM Land unveils RM6.8 mil recreational precinct in S2 Heights Aman

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Updated:
  • IJM Land Bhd has invested RM6.8 million in a new recreational area at S2 Heights Aman in Seremban 2.
  • The development includes S2 Lake Park, Kidz Venture Park, and a unique light installation along a 50m walkway.
  • This initiative aims to enhance community living and the quality of life in the township.
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CIDB, DOSM assess impact of rising building costs amid West Asia conflict

CIDB, DOSM assess impact of rising building costs amid West Asia conflict

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Updated:
  • The CIDB is working with DOSM to evaluate the impact of rising building material costs on construction.
  • Ahmad noted that diesel price hikes significantly affect road projects more than building projects.
  • He emphasised the need for detailed assessments and warned against repeated project extensions.
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IOI Properties scales new high on REIT plan, analysts say watch Singapore next

IOI Properties scales new high on REIT plan, analysts say watch Singapore next

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Updated:
  • IOI Properties Group Bhd's shares rose to RM3.96, gaining 14% since announcing a REIT proposal.
  • The company plans to list its Malaysian assets and may monetise its Singapore portfolio by 2029.
  • Analysts have a consensus target price of RM4.04, with strong demand in Singapore's office market.
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IJM Land, Amona Group hit 25% leasing commitment at Enlace Shoppes, Pantai Sentral Park

IJM Land, Amona Group hit 25% leasing commitment at Enlace Shoppes, Pantai Sentral Park

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Updated:
  • IJM Land Bhd and Amona Group have signed more tenants at Enlace Shoppes, reaching 25% leasing.
  • They aim for 40% by 2026 and 80% occupancy by 2029, focusing on a forest dining experience.
  • Latest tenants include various F&B and lifestyle brands, reflecting strong demand for curated retail spaces.
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Menara Merdeka 118 receives Fire Certificate from JBPM, implements automated real-time fire monitoring system

Menara Merdeka 118 receives Fire Certificate from JBPM, implements automated real-time fire monitoring system

news

Updated:
  • Menara Merdeka 118 has received its Fire Certificate from Malaysia's Fire and Rescue Department.
  • The certification confirms compliance and includes a new Automated Fire Monitoring System.
  • This achievement enhances safety and confidence for tenants and visitors in the landmark development.
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Paramount converts Sinaran Residences and Sinaran Avenue in Utropolis Batu Kawan to freehold tenure