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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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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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Nuvah targets November start for 3D-printed bungalow

Nuvah targets November start for 3D-printed bungalow

news

Updated:
  • Nuvah plans Malaysia's first 3D-printed luxury bungalow, Villa Bayu, starting construction in November.
  • Nuvah said it uses V3D Asia's gantry-based concrete-printing system.
  • The company aims to develop local 3D construction printing capabilities and workforce in Malaysia.
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Magma completes estimated RM63m sale of 20% Impiana KLCC Hotel stake

Magma completes estimated RM63m sale of 20% Impiana KLCC Hotel stake

news

Updated:
  • Magma Group Bhd sold its 20% stake in Impiana KLCC Hotel for RM63 mil cash.
  • This disposal allows Magma to exit a non-core asset and improve its financial standing.
  • The proceeds will repay debt and fund other business investments.
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TRX: Over 85% of office supply committed as Menara Ethos to add 808,000 sq ft

TRX: Over 85% of office supply committed as Menara Ethos to add 808,000 sq ft

news

Updated:
  • TRX City reports over 85% of office supply is committed.
  • Menara Ethos, a new 41-story office tower, will add 808,000 sq ft.
  • Construction starts December 2026, with PwC Malaysia as a key tenant.
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Exsim Hospitality unit gets RM7.35m related-party contract

Exsim Hospitality unit gets RM7.35m related-party contract

news

Updated:
  • Exsim Hospitality Bhd's subsidiary secured a RM7.35 mil contract.
  • It's for a two-story temporary sales gallery in Kuala Lumpur.
  • The project starts Sept 7 and finishes March 6, 2027.
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Bites
IOI Properties exercises call option for S$1.2b MVKimi acquisition