- Magna Prima's unit will complete the stalled 8 Conlay project.
- This RM700 mil deal involves issuing loan securities.
- The project is expected to finish by mid-2027.
Magna Prima sets 1H2027 target for RM700m restructuring of 8 Conlay
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Fare for LRT3 Shah Alam line comes into effect tomorrow
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Updated:- LRT3 Shah Alam line fares begin tomorrow, Aug 15.
- This includes shuttle buses and Park N' Ride services.
- Rapid KL thanks users and advises preparing fare cards.
Semantan valuer: Govt valuation for 1956 compensation is flawed
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Updated:- A valuer testified that the govt's assessment of the 263.272-acre 'Duta enclave' land was flawed.
- Foo Gee Jen, 63 argued against using historical reports for valuation.
- He added the government valuer's statements lacked independent verification.
Green Garden Flats residents object to COB-appointed management company
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Updated:- A management dispute arose after a new company was appointed to manage Green Garden Flats.
- Residents and the current manager object, citing lack of consultation.
- Green Garden Flats has an estimated occupancy rate of 70% and more than 9,000 residents.
JLL: Policy, infrastructure reshaping Southeast Asia’s property map
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Updated:- Southeast Asia's real estate is shaped by policy, infrastructure, and digitalisation.
- Malaysia exemplifies this shift with new economic corridors and digital hubs.
- Investors must consider incentives and infrastructure, not just traditional metrics.
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Bukit Jalil property prices: Pavilion mall lends its premium, mid-market assets grind higher
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Updated:- Bukit Jalil's property market shows diverse trends across different segments.
- Pavilion-linked condos maintain high, stable prices, signaling buyer confidence.
- Mid-market properties exhibit quiet gains, with some projects showing significant re-rating.
AmanahRaya REIT 2Q profit rises 21% to RM1.18m
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Updated:- AmanahRaya REIT's 2Q profit rose 20.6% to RM1.18 mil due to improved rental income.
- First-half profit increased 52.2% to RM6.62 mil, driven by new acquisitions.
- The REIT is rejuvenating its portfolio and addressing an incident at a HELP University property.
Genting Plantations completes Kulai vegetable technology JV
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Updated:- Genting Plantations completed a JV with SVST for a tropical vegetable crops centre in Kulai.
- Genting's subsidiary holds 60% in the technology and operating JV companies.
- This initiative aims to boost sustainable growth and food security in the region.
ETA secures RM13.2 mil Rawang industrial contracts
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Updated:- ETA Group secured two construction contracts totaling RM13.17 mil.
- Its subsidiary will design and build industrial facilities in Rawang, Selangor.
- These contracts mark a significant step in ETA's diversification strategy.
Of data centres and semiconductors: Who gets the biggest slice of Malaysia’s next property boom?
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Updated:- Malaysia's property market is shifting due to data centres and industrial growth.
- Investors seek opportunities beyond traditional real estate.
- The M40 group faces housing affordability challenges.
