UOA Development terminates care services joint venture at Komune Living and Wellness Centre in Cheras

UOA Development terminates care services joint venture at Komune Living and Wellness Centre in Cheras

news

Updated:
  • UOA Development Bhd has terminated its shareholders' agreement with Care Concierge Care Centre.
  • The termination is due to differing business views, effective April 17.
  • Komune Care Centre Sdn Bhd will become a wholly-owned subsidiary of UOA Development via its two subsidiaries.
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NREC 2026: Inaugural Property Surveying Awards honours excellence across public, corporate, academic sectors

NREC 2026: Inaugural Property Surveying Awards honours excellence across public, corporate, academic sectors

news

Updated:
  • The Royal Institution of Surveyors Malaysia held its first Property Surveying Awards in Kuala Lumpur.
  • The event recognised contributions to the property surveying profession.
  • Key awardees included Knight Frank Malaysia and individuals like Datuk Mani Usilappan and Wong Kok Soo.
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Sabah mulls modern rail system to industrial parks, ports to boost economy

Sabah mulls modern rail system to industrial parks, ports to boost economy

news

Updated:
  • Sabah is studying a modern rail system to enhance logistics between Putatan and Kota Kinabalu.
  • The state government aims to improve transport infrastructure and public utilities.
  • Measures are being implemented to mitigate floods and landslides, ensuring infrastructure resilience.
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Wawasan Dengkil wins RM22.7 mil PKNS contract to build 56 single-storey homes in Sepang

Wawasan Dengkil wins RM22.7 mil PKNS contract to build 56 single-storey homes in Sepang

news

Updated:
  • Wawasan Dengkil Holdings Bhd has secured a RM22.7 million contract to build 56 residential units in Selangor.
  • Work will start on June 8, 2023, and is set to finish by October 24, 2027.
  • Project supports PKNS's affordable homes initiative and will enhance Wawasan Dengkil's financial performance.
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NREC 2026: Energy crunch highlights car-reliant suburban living unviable, property landscape needs restructuring — minister

NREC 2026: Energy crunch highlights car-reliant suburban living unviable, property landscape needs restructuring — minister

news

Updated:
  • Malaysia's development model is under scrutiny due to rising energy costs and urban inefficiencies.
  • Liew Chin Tong emphasised the need for sustainable urban strategies and a shift from car dependency.
  • He urged the real estate sector to support technological advancements and adapt to changing landscapes.
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AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

news

Updated:
  • AmFIRST REIT reported a strong financial year ending March 31, 2026, with occupancy at 88.7%.
  • Portfolio's revaluation resulted in a fair value gain of RM14.41 million, raising NAV per unit to RM1.2178.
  • A final income distribution of 1.60 sen per unit was declared, totaling 2.87 sen for FY2026.
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IJM Corp aims to list construction business by 2027, says Kenanga

IJM Corp aims to list construction business by 2027, says Kenanga

news

Updated:
  • IJM Corporation aims to list its construction business by the end of 2027 after fending off a takeover.
  • A board-level committee is overseeing a three-year asset unlocking exercise to boost shareholder value.
  • Kenanga maintains an 'outperform' rating with a target price of RM3.40 for IJM.
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NCM Co’s 2026 Auction Carnival returns on April 28

NCM Co’s 2026 Auction Carnival returns on April 28

news

Updated:
  • Ng Chan Mau & Co will host its sixth Auction Carnival on April 28 in Kuala Lumpur from 10am to 5pm.
  • The event features property, automotive, and art auctions, supporting the Visit Malaysia 2026 campaign.
  • Attendees can enjoy various activities, win prizes, and view original artworks at Art Auction on April 29.
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PropNex offers 19 properties for its April open house

PropNex offers 19 properties for its April open house

news

Updated:
  • This weekend, April 25 and 26, features 19 properties for viewing in Klang Valley and Penang!
  • Highlights include bungalows, terrace homes, and condominiums.
  • Interested buyers can contact agents for viewings of these diverse listings!
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AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil

news

Updated:
  • AME Real Estate Investment Trust (AME REIT) reported a strong financial year ending March 31, 2026.
  • The total revenue increased by 22.4% year-on-year to RM62.33 million.
  • A final income distribution of 2.16 sen per unit has been declared.
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