Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Rhong Khen buys three Kapar factories for RM47 mil to streamline manufacturing

Rhong Khen buys three Kapar factories for RM47 mil to streamline manufacturing

news

Updated:
  • Rhong Khen International (RKIB) is acquiring three factory properties in Kapar, Selangor, for RM47 mil cash.
  • The purchase aims to consolidate RKIB's furniture operations and enhance operational synergies.
  • The transaction is expected to complete within four to five months after government approvals.
Read More
IGB Commercial REIT portfolio value edges up to RM3.25 bil on valuation gains

IGB Commercial REIT portfolio value edges up to RM3.25 bil on valuation gains

news

Updated:
  • IGBCR's property portfolio value rose slightly to RM3.253 bil.
  • Valuation by Knight Frank Malaysia confirmed this increase.
  • The net fair value change from Jan 1 to June 30 was RM841,000.
Read More
TWL terminates three Alam Impian JV projects after delayed implementation

TWL terminates three Alam Impian JV projects after delayed implementation

news

Updated:
  • TWL Holdings Bhd terminated three joint venture agreements for the Alam Impian Project.
  • Delays were caused by market changes, the pandemic, and supply issues.
  • TWL Builders received full refunds for consideration sums and development expenses.
Read More
Ge-Shen inks fresh RM35.5 mil industrial property deal in Johor consolidation

Ge-Shen inks fresh RM35.5 mil industrial property deal in Johor consolidation

news

Updated:
  • Ge-Shen Corp Bhd will sell five industrial properties for RM35.5 mil cash.
  • This new agreement follows a terminated deal due to financing issues.
  • The sale will improve finances and streamline operations.
Read More
Mah Sing plans RM2.26 bil MS Industrial Park @ Kulai via land deal

Mah Sing plans RM2.26 bil MS Industrial Park @ Kulai via land deal

news

Updated:
  • Mah Sing Group plans to buy 419.17 acres in Johor for RM273.87 mil cash.
  • This land will become MS Industrial Park @ Kulai, with an estimated GDV of RM2.26 bil.
  • The project aims to boost Mah Sing's industrial portfolio and support the JS-SEZ.
Read More
Propel Global exits non-core Bangi industrial sites in RM6.75 mil deal

Propel Global exits non-core Bangi industrial sites in RM6.75 mil deal

news

Updated:
  • Propel Global Bhd plans to sell two industrial properties for RM6.75 mil.
  • This disposal aims to reduce costs and improve cash flow for the company.
  • Proceeds will fund working capital and redeem a trade facility.
Read More
S P Setia launches Kempen Impian Bumiputera with RM285,000 IKEA rewards

S P Setia launches Kempen Impian Bumiputera with RM285,000 IKEA rewards

news

Updated:
  • S P Setia launched Kempen Impian Bumiputera, a homeownership campaign.
  • It offers RM5,000 each in IKEA gift cards to 57 eligible Bumiputera buyers.
  • This campaign runs from July 1 to September 30 nationwide.
Read More
MN Associates anchors growth plan on property talent development, tech integration

MN Associates anchors growth plan on property talent development, tech integration

news

Updated:
  • MN Associates honoured top property professionals at its Golden Recognition Awards 2025.
  • The company emphasises integrity and trust over mere sales achievements for sustainable success.
  • MN Associates aims to develop future leaders and expand its services by 2030.
Read More
KIP REIT gets Bursa approval for placement linked to Setapak Central acquisition

KIP REIT gets Bursa approval for placement linked to Setapak Central acquisition

news

Updated:
  • KIP REIT gained approval for new unit listings to fund its Setapak Central Mall acquisition.
  • This RM435 million purchase will expand KIP REIT's portfolio and boost its assets under management.
  • The acquisition is expected to increase distribution per unit for unitholders.
Read More
ECM Libra enters hotel JV with Plato unit, lines up new management pacts

ECM Libra enters hotel JV with Plato unit, lines up new management pacts

news

Updated:
  • ECMLG formed a joint venture with TPRE for Ormond Group Sdn Bhd (OGSB).
  • OGSB will be 50:50 owned by ECMLG and TPRE after TPRE's share subscription.
  • OGSB also signed hotel management agreements for two properties, generating fee income.
Read More
Bites