News by EDGEPROP.MY

Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.

Hextar World at Empire City is set to open its doors to the public with a soft launch on Nov 29, with the complete unveiling scheduled for 2026.

Exsim Hospitality Bhd, formerly known as Pan Malaysia Holdings Bhd, has accepted a RM17.64 million letter of award (LOA) from Binastra Builders Sdn Bhd for subcontract works involving apartment units.

Shipping firm Shin Yang Group Bhd has entered into an agreement to acquire a 5.37-hectare parcel of land in Kota Kinabalu, Sabah, from its controlling shareholder, Shin Yang Sdn Bhd (SYSB), for RM26.6 million in cash.

Rapid Synergy Bhd’s wholly-owned subsidiary, Rapid Precision Technologies Sdn Bhd (RPTSB), has entered into a sale and purchase agreement with Osram Opto Semiconductors (Malaysia) Sdn Bhd, part of ams-OSRAM, for the disposal of two parcels of industrial land and buildings in Bayan Lepas, Penang, for RM35 million.

The upcoming facility, with a capacity of over 130 beds, will cater to individuals requiring specialised nursing care, regardless of age.

The China-based company said the RM600 million facility marks a significant milestone in SHB’s global expansion strategy. 

Eco World Development Group Bhd’s 81%-owned subsidiary, Mutiara Balau Sdn Bhd, has entered into a conditional sale and purchase agreement (SPA) with Boustead Balau Sdn Bhd (BBSB) to acquire a 22.73-acre freehold commercial parcel in Mukim Semenyih, Selangor, for RM82.19 million.

Bukit Jalil, located approximately 20 minutes from central Kuala Lumpur, is experiencing continued growth as a major residential, commercial, and institutional hub in the Klang Valley. 

Chin Hin Group Property Bhd (CHGP) has expanded its city landbank with the acquisition of a freehold parcel in Segambut for RM31.74 million.