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RTS Link poised to reshape JB’s property outlook as connectivity gains traction

RTS Link poised to reshape JB’s property outlook as connectivity gains traction

news

Updated:
  • The Rapid Transit System (RTS) Link is transforming Johor Bahru's property market.
  • It will improve cross-border travel, boosting demand for accessible properties near stations.
  • However, success depends on overall quality, not just proximity to the RTS.
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Sunsuria proposes RM316.84m Sepang land sale to Amazon Data Services Malaysia

Sunsuria proposes RM316.84m Sepang land sale to Amazon Data Services Malaysia

news

Updated:
  • Sunsuria Bhd plans to sell 45.46 acres of land to Amazon for RM316.84 mil cash.
  • This sale is expected to generate a net gain of RM50.34 mil for Sunsuria.
  • The deal requires shareholder and state approvals, with completion by 2Q2027.
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GUH completes Suzhou land use rights disposal after final CNY39m payment

GUH completes Suzhou land use rights disposal after final CNY39m payment

news

Updated:
  • GUH Holdings received its final compensation payment for land repossession in China.
  • This payment of CNY39.0 mil completes the disposal.
  • The total compensation reached CNY195.01 mil for the industrial site.
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Chin Hin Property JV firm repays remaining RM35.4m to Fiamma

Chin Hin Property JV firm repays remaining RM35.4m to Fiamma

news

Updated:
  • Chin Hin Group Property Bhd's JV company, SUSB, repaid RM35.4 mil to Fiamma Holdings Bhd.
  • This payment was made on Sept 25, as per their shareholders' agreement.
  • The repayment deadline had been extended from Sept 21 to Oct 21.
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Asiabina says One Seputeh Residences 30% taken up

Asiabina says One Seputeh Residences 30% taken up

news

Updated:
  • One Seputeh Residences, Asiabina's first Klang Valley project, launched successfully.
  • 30% of 383 units had been taken up, including all penthouses.
  • The project offers 23 amenities and will be completed by 2030.
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Perak says Tanjong Malim investor talks continue after BYD plant reversal

Perak says Tanjong Malim investor talks continue after BYD plant reversal

news

Updated:
  • Perak seeks new investors for Tanjong Malim's auto ecosystem after BYD withdrew.
  • The state is in talks with various local and foreign companies.
  • Officials did not name investors or disclose investment details.
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Hap Seng to sell 50.82% Hafary stake under RM446.4m takeover offer

Hap Seng to sell 50.82% Hafary stake under RM446.4m takeover offer

news

Updated:
  • Hap Seng will sell its 50.82% stake in Hafary Holdings for S$140.03 mil.
  • This disposal is expected to yield a gross gain of RM187.3 million for Hap Seng.
  • The proceeds will primarily repay borrowings, saving RM14.9 mil in annual interest.
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Kerjaya Prospek Property launches 1,406-unit AndaBreeze in Batu Kawan

Kerjaya Prospek Property launches 1,406-unit AndaBreeze in Batu Kawan

news

Updated:
  • Kerjaya Prospek Property launched AndaBreeze, a freehold residential project in Penang.
  • It features 1,406 units across two towers with over 80 facilities.
  • The development emphasises modern living, amenities, and connectivity.
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Taghill proposes RM191.7m apartment project in Kota Bharu under JV

Taghill proposes RM191.7m apartment project in Kota Bharu under JV

news

Updated:
  • Taghill Holdings Bhd will develop 639 apartments in Kota Bharu, Kelantan.
  • The project has an estimated gross development value of RM191.7 mil.
  • It is expected to commence by 2Q2027 and complete by 2Q2031.
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RTS Link poised to reshape JB’s property outlook as connectivity gains traction