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Sapura Industrial to sell Melaka land for RM10.5 million cash

Sapura Industrial to sell Melaka land for RM10.5 million cash

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Updated:
  • Sapura Industrial Bhd (SIB) will sell vacant land in Melaka for RM10.48 mil cash.
  • This disposal allows SIB to realise capital appreciation and unlock noncore asset value.
  • The sale is expected to be completed by the first half of 2028.
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Mah Sing’s M Amaya hits 92% take-up for Phase 1A; Village Grocer signed as anchor

Mah Sing’s M Amaya hits 92% take-up for Phase 1A; Village Grocer signed as anchor

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Updated:
  • Mah Sing launched M Amaya in Penang, with Phase 1A 92% sold.
  • This mixed-use project offers 833 serviced apartments and retail shops.
  • Village Grocer will anchor the retail podium, enhancing convenience for residents.
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KIP REIT calls unitholder vote on RM435 mil Setapak mall buy

KIP REIT calls unitholder vote on RM435 mil Setapak mall buy

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Updated:
  • KIP REIT seeks unitholder approval to acquire Setapak Central Mall for RM435 mil.
  • The purchase will be funded by bank borrowings and a private placement of new units.
  • This acquisition will significantly increase KIP REIT's total property assets.
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Hektar REIT completes Penang industrial acquisition and lease

Hektar REIT completes Penang industrial acquisition and lease

news

Updated:
  • Hektar REIT completed a Penang industrial property acquisition.
  • The deal was announced in February 2025.
  • The property includes factory, warehouse, and office space.
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Paragon Globe completes RM11.5 mil Johor land acquisition

Paragon Globe completes RM11.5 mil Johor land acquisition

news

Updated:
  • Paragon Globe Bhd acquired three land parcels in Johor for RM11.48 mil.
  • Its subsidiary, Paragon Globe Properties, completed the purchase.
  • The acquisition was a related party transaction.
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A1 A.K. Koh calls shareholder vote on RM16.7 million Puchong land buy

A1 A.K. Koh calls shareholder vote on RM16.7 million Puchong land buy

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Updated:
  • Koh Group Bhd plans to buy commercial land for RM16.73 mil cash.
  • This land will house a new central region sales and marketing office.
  • The proposed acquisition is subject to A1 shareholders' approval at an EGM.
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Chin Hin Group Property to buy Golden Triangle freehold land for RM455 mil

Chin Hin Group Property to buy Golden Triangle freehold land for RM455 mil

news

Updated:
  • Chin Hin Group Property Bhd plans to acquire a prime Kuala Lumpur site for RM455 mil.
  • This significant purchase requires shareholder approval due to its high percentage ratio.
  • The land will host a mixed-use development with an estimated RM3.6 bil GDV.
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Muda wants tighter rein over data centres as it seeks relevance in Johor polls

Muda wants tighter rein over data centres as it seeks relevance in Johor polls

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Updated:
  • Muda is now focusing on local issues in Johor.
  • They are concerned about rapid data centre development and urban flash floods.
  • Muda aims to be a check and balance, even as a smaller party.
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DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025

DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025

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Updated:
  • In 2025, 71,101 holiday homes in Malaysia generated RM2.2 bil in revenue.
  • This growth shows rising demand for alternative lodging and tourism.
  • Selangor, KL, and Johor lead in holiday home numbers.
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Second wave of data centre boom is here, says Kenanga, as infrastructure projects slow

Second wave of data centre boom is here, says Kenanga, as infrastructure projects slow

news

Updated:
  • Malaysia is experiencing a second wave of data centre growth.
  • New mega-campuses are planned, with four projects expected by 2026.
  • This sector is a key growth driver for the construction industry.
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