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Ikano Centres partners Welton Group on RM600m mixed-use development at IKEA Tebrau–Toppen precinct

Ikano Centres partners Welton Group on RM600m mixed-use development at IKEA Tebrau–Toppen precinct

news

Updated:
  • Ikano Centres has partnered with Welton Group to develop Habitation Plus+, a RM600 million project.
  • The mixed-use development will feature two residential towers with around 1,230 affordable units in Johor Bahru.
  • This project expands Ikano's vision of creating a customer-centric destination beyond retail, integrating homes into everyday life.
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Orgabio to buy Semenyih industrial property for RM11.26m for warehousing

Orgabio to buy Semenyih industrial property for RM11.26m for warehousing

news

Updated:
  • Orgabio Holdings will buy an industrial property in Semenyih for RM11.26 mil cash.
  • This acquisition supports warehousing for their instant beverage premix operations.
  • The property is near their new factory and will increase storage capacity.
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Media Chinese proposes RM19.88m disposal of former Canada printing facility

Media Chinese proposes RM19.88m disposal of former Canada printing facility

news

Updated:
  • Media Chinese International is selling its former Canadian office for C$6.85 mil.
  • This disposal is expected to yield a C$5.26 mil gain before taxes.
  • The proceeds will be used for general working capital.
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Bank Negara Malaysia keeps overnight policy rate unchanged

Bank Negara Malaysia keeps overnight policy rate unchanged

news

Updated:
  • Bank Negara Malaysia held interest rates steady at 2.75% as expected.
  • This decision aligns with stable prices and strong economic growth.
  • The economy grew 6.0% in 2Q, driven by spending and exports.
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SkyWorld named best-performing property company at The Edge Malaysia ESG Awards 2026

SkyWorld named best-performing property company at The Edge Malaysia ESG Awards 2026

news

Updated:
  • SkyWorld Development Bhd won Best Performing Company in Property at The Edge Malaysia ESG Awards 2026.
  • This award recognises SkyWorld's strong commitment to ESG principles.
  • SkyWorld integrates sustainability into all aspects of its business.
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UDA launches nationwide property campaign with Residensi Dedaun unit as grand prize

UDA launches nationwide property campaign with Residensi Dedaun unit as grand prize

news

Updated:
  • UDA Holdings launched its "Bonanza Memenuhi Impian 2026" campaign.
  • It covers 21 projects, offering a Residensi Dedaun unit as the grand prize.
  • The campaign aims to support homeownership and runs until December 2026.
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HGD begins handover of 129 homes at RM828m Aera Township

HGD begins handover of 129 homes at RM828m Aera Township

news

Updated:
  • Heng Guan Development began handing over 129 homes at Aera Gardens.
  • This marks the first residential handover in its Aera Township.
  • Each homeowner received a bicycle, honoring the company's origins.
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Avaland’s RM86m Taman U-Thant land deal turns unconditional

Avaland’s RM86m Taman U-Thant land deal turns unconditional

news

Updated:
  • Avaland Bhd's proposed RM86.04 mil land acquisition in Taman U-Thant is now unconditional.
  • They plan a high-rise residential development with a RM700 mil GDV.
  • This expands their luxury residential presence in Klang Valley.
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IOI Properties exercises call option for S$1.2b MVKimi acquisition

IOI Properties exercises call option for S$1.2b MVKimi acquisition

news

Updated:
  • IOI Properties Group Bhd's subsidiary, IOIMV, will acquire MVKimi (BVI) Ltd.
  • This acquisition includes Asia Square Tower 2 in Singapore for S$1.19678 bil.
  • The total transaction value is estimated at S$2.47 bil.
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Bites
Ikano Centres partners Welton Group on RM600m mixed-use development at IKEA Tebrau–Toppen precinct