News by Chelsea J Lim

Malayan United Industries Bhd’s (MUI Group) Metrojaya department store at Mid Valley Megamall will close for renovations from Tuesday, and will be rebranded to MJ by Metrojaya when it reopens in September, according to a press statement last Friday.

IPC Shopping Centre in Mutiara Damansara, Petaling Jaya, Selangor, has unveiled its new anchor tenant, MR DIY Plus, as well as a line-up of additional food and beverage (F&B) offerings that are expected to be opened this year, according to its operator Ikano Corp Sdn Bhd in a press statement on Thursday.

The Malaysian Institute of Architects (PAM) expects to receive more than 800 participants for SinggahKL 2024, a two-day guided tour programme to visit 20 selected buildings and sites in Kuala Lumpur, according to programme convenor Almaz Rahim.

UEM Sunrise Bhd’s Allevia in Mont'Kiara, Kuala Lumpur has achieved a 90.5% take-up rate and is scheduled for handover in the first quarter of 2025 (1Q2025), according to a statement on Wednesday.

With a gross development value of RM600 million, GEM Residences sits on a 5.34-acre freehold land and consists of 978 units spread across four 38-storey towers. 

Ehsan Bina Group officially launched ForestHill Residences on Sunday. The development, located in Damansara Perdana, has achieved over 70% in sales since its soft launch in January 2023.

UOB Malaysia has been awarded a platinum certification from Green Real Estate (GreenRE) for its corporate headquarters — UOB Plaza 1 Kuala Lumpur.

It takes a holistic approach to managing a strata residential property successfully, which includes financial sustainability, regular maintenance, an active community and a community that equips itself with the right property management knowledge, as discussed during the second day of The Edge Malaysia Property Management Virtual Talk 2024 on Saturday.

A strong Management Corporation (MC), a healthy maintenance budget and simplified design are among crucial elements to ensure that a property’s condition would be tiptop.

The development, which opened to the public on Oct 14, 2022, saw strong footfall over the Christmas period, mainly driven by the opening of over 40 new shops, bars, restaurants and leisure experiences.