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IJM secures RM658 mil data centre contract in Elmina Business Park

IJM secures RM658 mil data centre contract in Elmina Business Park

news

Updated:
  • IJM Corp Bhd has secured a RM658.01 million contract for a hyperscale data centre in Selangor.
  • Construction is set to begin in 2Q2026, with completion targeted for 3Q2027.
  • This is IJM's second contract in the Elmina Business Park, bringing the total project value to over RM1.9 bil.
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OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

news

Updated:
  • OSK Property Holdings Bhd launched Aura, a RM2.25 bil residential tower in Melbourne Square, Southbank.
  • The 67-storey tower features 673 residences focused on wellness and offers extensive lifestyle amenities.
  • Construction is set to begin in late 2026, with completion expected by 2029.
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Bangsar property outlook: Have the upmarket prices stayed uptrend?

Bangsar property outlook: Have the upmarket prices stayed uptrend?

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Updated:
  • Bangsar, a prominent suburb near Kuala Lumpur, blends residential and commercial spaces.
  • Property prices are high, with strong demand from local buyers and expatriates influencing the rental market.
  • Opportunities for growth exist, particularly in well-located properties and commercial segments.
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Changing the game: How TRX reshapes the appeal of KL CBD

Changing the game: How TRX reshapes the appeal of KL CBD

news

Updated:
  • Kuala Lumpur's Tun Razak Exchange (TRX) is transforming into a vibrant international financial district.
  • Development integrates commercial, residential, and lifestyle spaces, enhancing urban connectivity and appeal.
  • As TRX matures, it is reshaping surrounding areas and attracting global firms.
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Independent investigation panel report on Putra Heights pipeline explosion submitted to federal govt, says Selangor MB

Independent investigation panel report on Putra Heights pipeline explosion submitted to federal govt, says Selangor MB

news

Updated:
  • The Selangor State Government submitted the gas pipeline explosion report to the federal government.
  • Menteri Besar Amirudin Shari stated the report will be made public after federal feedback is received.
  • The incident affected 1,254 people, destroying 87 houses and damaging 148 others.
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Binasat's BDSB gets fourth extension on RM33.83 mil cash payment for SBP and Empire City acquisitions, RM22.29 mil still outstanding

Binasat's BDSB gets fourth extension on RM33.83 mil cash payment for SBP and Empire City acquisitions, RM22.29 mil still outstanding

news

Updated:
  • Binasat Communications Bhd has received a three-month extension for cash payments due by August 16.
  • They have paid RM11.54 mil of the RM33.83 mil obligation, leaving RM22.29 mil outstanding.
  • This extension marks the fourth deadline change since the proposals were announced in December 2024.
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Citaglobal Tower JV deadline extended again as parties continue working through conditions precedent

Citaglobal Tower JV deadline extended again as parties continue working through conditions precedent

news

Updated:
  • Citaglobal Bhd and Varia Bhd's joint venture for Citaglobal Tower has extended its deadline again to June 4.
  • The previous deadline was May 23, which has now been extended by a further 12 days.
  • The project aims to develop a mixed-use tower on a 1.58-acre site in Kuala Lumpur.
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LSH Capital receives RM197.9m land offer from RAC for 17.4-acre Country Heights site in Petaling district

LSH Capital receives RM197.9m land offer from RAC for 17.4-acre Country Heights site in Petaling district

news

Updated:
  • Lim Seong Hai Capital Bhd has received an offer from RAC to purchase 17.4 acres of land for RM197.9 mil.
  • LSH Capital must sign a formal agreement within 30 days and secure necessary approvals within six months.
  • Further details on the development will be disclosed after the agreement is executed.
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NCT Alliance acquires 80% stake in 176.71-acre Kuala Langat land for RM53m, targets RM1.5b GDV industrial expansion

NCT Alliance acquires 80% stake in 176.71-acre Kuala Langat land for RM53m, targets RM1.5b GDV industrial expansion

news

Updated:
  • NCT Alliance Bhd is acquiring an 80% stake in Semanja Murni Sdn Bhd for RM53 million to expand its landbank.
  • The deal involves five leasehold parcels totaling 176.71 acres adjacent to NCT's existing industrial park.
  • NCT plans to integrate this land into its NCT Smart Industrial Park, with completion expected in nine months.
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Stop-work order slapped on hillside project near Empire Residence

Stop-work order slapped on hillside project near Empire Residence

news

Updated:
  • The PJ city council issued a two-week stop-work order for a hillside project due to safety concerns.
  • Empire Residence residents reported issues with mud and water flow during heavy rain.
  • Damansara lawmaker Gobind Singh Deo made a site visit yesterday.
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IJM secures RM658 mil data centre contract in Elmina Business Park