News by EDGEPROP.MY

Second Home Plan (MM2H) Sdn Bhd has been launched as a one-stop relocation platform to help foreign nationals to buy homes in Malaysia through the Malaysia My Second Home (MM2H) programme.

Noteworthy:

• Freehold
• Built-up size: 678 sq ft
• 1 bathroom
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, Publika Shopping Gallery, Mont’Kiara International School, Global Doctors Hospital
• Accessibility: SPRINT-Damansara and Penchala links, LDP, DUKE, NKVE

When: December 2024

Noteworthy:

• Freehold
• Land size: 1,800 sq ft
• 4 bedrooms, 2 bathrooms
• Unfurnished
• Nearby amenities: IOI Mall Kulai, SMK Bandar Putra, Temenggong Seri Maharaja Tun Ibrahim Hospital, Palm Resort Golf & Country Club
• Accessibility: Senai-Desaru Expressway, North South Expressway, Jalan Gemilang Utama, Lebuh Putra Utama

When: November 2024

The acquisitions include a freehold plot of 910.51 sq m for RM7.6 million, a leasehold plot of 286 sq m for RM2.6 million, and another freehold plot of 1,241.84 sq m for RM7.2 million.

Deciding between buying and renting a home is a significant financial decision that depends on various factors, including financial stability, lifestyle preferences, and long-term goals.

Tropicana Corporation Bhd reported a revenue of RM260.4 million in the announcement of its unaudited financial results for the first quarter ended March 31, 2025 (1Q2025).

HHRG Bhd’s subsidiary, Open Road (East Coast) Sdn Bhd (OREC), has signed deals worth RM13 million and secured the right to acquire up to 51% of property developer Udaran Sdn Bhd as part of a mixed-use project in Kuala Terengganu.

Noteworthy:

• Freehold
• Land size: 8,880 sq ft
• Nearby amenities: Pavilion Damansara Heights, KPJ Damansara Specialist Hospital, Cempaka International School, Kuala Lumpur Golf Country & Club
• Accessibility: SPRINT-Damansara and Penchala links, LDP, DUKE Highway, Jalan Medan, Jalan Semantan

When: December 2024

Sime Darby Property Bhd recorded first quarter ended March 31, 2025 (Q1FY2025) revenue of RM871.6 million, operating profit of RM189.1 million, and profit before tax (PBT) and profit after tax and minority interest of RM179.6 million and RM118.4 million respectively.

Noteworthy:

• Freehold
• Built-up size: 2,928 sq ft
• Floor level: High
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: ParkCity Medical Centre, The Central Park, The Waterfront @ ParkCity, The International School @ ParkCity
• Accessibility: SPRINT-Damansara and Penchala links, LDP,  DUKE Highway, Jalan Desa Kiara, Jalan Segambut

When: January 2025