- Penang added 1,133 homes to its rent-to-own programme, allocating RM49.26 million.
- This helps lower-income families achieve homeownership.
- The state aims for 22,000 RTO units by 2030.
Penang adds 1,133 homes to rent-to-own scheme
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Wolo Hotel & Residences wins two Gold awards at China’s CREDAWARD
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Updated:- Wolo Hotel & Residences won two Gold awards at the 12th CREDAWARD in Shanghai.
- It was the only Malaysian project shortlisted and the first to receive Gold recognition.
- The project is an RM850 million development, set for completion in 2030.
EXSIM Hospitality unit accepts RM42.48m building works subcontract
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Updated:- EXSIM Hospitality's subsidiary accepted a RM42.48 million subcontract.
- It involves building services and general works for 24 months.
- This is expected to boost EXSIM's financial performance.
IOI Properties earmarks RM3.07b in REIT proceeds for investment, development
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Updated:- IOI Properties Group Bhd increased its REIT allocation to RM3.07 bil for development.
- This revised plan includes new property investment and acquisition opportunities.
- Debt repayment allocation was reduced to RM1.53 bil from RM3.04 bil.
Kerjaya Prospek unit bags RM37.82m Pulau Andaman contract
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Updated:- Kerjaya Prospek secured a RM37.82 mil contract for a Penang apartment project.
- The work involves piling and substructure for 922 affordable units.
- This contract is expected to boost the group's revenue and earnings.
Experts call for greater local gains from data centre growth
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Updated:- Malaysia aims for data centre expansion to build local capabilities, not just capacity.
- Mida emphasises lasting value, stronger businesses, and local opportunities.
- The focus is on sustainable industry growth and high-value employment for Malaysians.
Rehda inks MoUs with MGTC, MCMA to advance sustainable property development
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Updated:- Rehda signed MoUs with MGTC and MCMA.
- These agreements promote sustainable property development and carbon market understanding.
- The goal is to integrate green tech and ESG practices in real estate.
IJM Land unveils 145-unit Merione Residences in Penang
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Updated:- IJM Land Bhd launched Merione Residences, a 145-unit project in Penang.
- It follows the full take-up of commercial units at Merione Grand.
- The development offers various amenities and future transport links.
Hero Market set to anchor Masteron’s 20.97-acre VTown in PJ
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Updated:- Masteron Sdn Bhd signed an MoU with Hero Market for a new anchor store at VTown.
- The 20,000 sq ft Hero Market will open in 2028, featuring a large fresh-market section.
- VTown is a mixed development with residential, retail, and lifestyle components.
Citaglobal unit wins RM82.1m subcontract for IPG residential college
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Updated:- Citaglobal Land secured an RM82.12 mil subcontract for a college in KL.
- The project involves designing and building a new residential college.
- This 22-month project boosts Citaglobal's order book to RM1.5 bil.
