News by Chin Wai Lun

Seri Pajam Development Sdn Bhd’s wholly owned subsidiary SPD Tech Valley Sdn Bhd has inked a memorandum of understanding (MOU) with CIMB Bank Bhd and CIMB Islamic Bank Bhd on May 20, to provide comprehensive financial solutions to investors establishing operations in SPD Tech Valley Industrial Park in Senawang, Negeri Sembilan.

While Greater Kuala Lumpur and Johor remain the two locations with the highest growth in the number of data centres in Malaysia, other locations will also start seeing more data centre developments as demand continues to increase, according to JLL Malaysia.

UEM Sunrise Bhd (KL:UEMS) has partnered with Logos Infrastructure Holdco Pte Ltd to explore the opportunity to develop a data centre campus in Gerbang Nusajaya, Johor.

MGB Bhd (KL:MGB), a subsidiary of LBS Bina Group Bhd (KL:LBS), marked the completion of the building structure of Idaman Melur in Cybersouth, Selangor, with a roof-topping ceremony on May 24. The project was completed a month ahead of schedule.

S P Setia Bhd (KL:SPSETIA) on Thursday announced a partnership with China’s Ant Digital Technologies and JaGaSolution to establish a smart community app — Setia Go, to enhance property management quality and improve community engagement for its homebuyers.

SkyWorld Development Bhd (KL:SKYWLD) has embarked on a partnership with Alliance Bank Malaysia Bhd to provide additional financing of up to RM150,000 to homebuyers via the Alliance Bank’s Home Complete product.

All 122 units of Sime Darby Property Bhd's (KL:SIMEPROP) Elmina Ridge 1 (phase one) residential development in the City of Elmina, Shah Alam has been fully taken up.

Fong was previously Rehda Youth chairperson from 2016 to 2018.

S P Setia Bhd (KL:SPSETIA) chief operating officer Datuk Zaini Yusoff (pictured) has been reappointed as chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda) Selangor Branch for the term of 2024-2026.

The proposed Urban Redevelopment Act should also include inputs from property and facility managers, said Malaysian Institute of Property and Facility Managers (MIPFM) president Ishak Ismail.