Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
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.
Read More
Heritage building safety needs enforcement, guidance and funding, says Wong

Heritage building safety needs enforcement, guidance and funding, says Wong

news

Updated:
  • Penang needs a multi-pronged approach to improve the safety of ageing buildings.
  • Enforcement, guidance, and aid are crucial for owners.
  • Public safety must take precedence where buildings pose structural risks.
Read More
SCIB unit enters conditional co-development deal for RM83.2 mil Penampang condominium project

SCIB unit enters conditional co-development deal for RM83.2 mil Penampang condominium project

news

Updated:
  • SCIB's subsidiary, SCIBE, will co-develop a Sabah residential project with IWSB.
  • The Dimpoukon Residence has an estimated GDV of RM83.19 mil.
  • SCIBE will lead the project and fund most costs, with an 80:20 profit split.
Read More
Oriental Holdings extends conditional period for Northam Georgetown share subscription agreement to Oct 15

Oriental Holdings extends conditional period for Northam Georgetown share subscription agreement to Oct 15

news

Updated:
  • Oriental Holdings extended its Northam Georgetown Sdn Bhd stake acquisition deadline.
  • The deal involves 96.84% for RM153.1 mil.
  • This is part of larger RM411 mil acquisitions.
Read More
IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

news

Updated:
  • IOI Properties Group received conditional SC approval for its REIT.
  • This REIT will acquire nine properties for RM7.578 bil.
  • The approval includes conditions for Bumiputera equity and licensing.
Read More
GuocoLand Malaysia privatisation completed after offer price settlement

GuocoLand Malaysia privatisation completed after offer price settlement

news

Updated:
  • GuocoLand (Malaysia) Bhd's privatisation is complete.
  • Shareholders received their offer price today (Aug 7).
  • Payments were made electronically or by mail.
Read More
DPS unit signs non-binding MoU with China's Hangyue for proposed 89MW Melaka data centre

DPS unit signs non-binding MoU with China's Hangyue for proposed 89MW Melaka data centre

news

Updated:
  • DPS Resources' subsidiary signed an MoU with China's Hangyue Intelligent Electrical.
  • They will collaborate on digital energy projects, including a Melaka data centre.
  • This partnership aims to attract Chinese investment and explore various industrial opportunities.
Read More
NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works

NuEnergy accepts RM44.5 mil LoA for Johor data centre MEP works

news

Updated:
  • NuEnergy Holdings secured a RM44.5 mil contract for MEP works.
  • This project involves a data centre in Johor Bahru, Malaysia.
  • It is NuEnergy's largest high-voltage project to date.
Read More
MRCB proposes RM419.05 mil Cyberjaya land sale for data centre development

MRCB proposes RM419.05 mil Cyberjaya land sale for data centre development

news

Updated:
  • MRCB plans to dispose of seven parcels of land in Cyberjaya for RM419.05 mil cash.
  • The sale to Digital Cosmos Malaysia will yield an RM81.4 mil gain.
  • Proceeds will repay debt, improve cash flow, and fund new projects.
Read More
Mana Mana Hospitality manages 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square

Mana Mana Hospitality manages 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square

news

Updated:
  • Mana Mana Hospitality is managing 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square.
  • The Stallionz is a leasehold commercial development by Exsim Caldwell (Ipoh) Sdn Bhd.
  • Nightly rates range from RM180 to RM300, varying by season.
Read More
Bites
Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr