News by M

Noteworthy:

• Freehold
• Built-up size: 411 sq ft
• Floor level: Low
• 1 bedroom, 1 bathroom
• Fully furnished
• Nearby amenities: Pavilion KL, Fahrenheit88, Kuala Lumpur Eco Park, Tzu Chi University Continuing Education Centre, Pudu Specialist Centre
• Accessibility: SILK, Cheras-Kajang Expressway, Jalan Sultan Ismail, Jalan Raja Chulan

When: March 2025

PropNex Realty is opening the doors to several listings across the Klang Valley this weekend.

Gamuda Bhd (KL:GAMUDA) and MN Holdings Bhd (KL:MNHLDG) are set to benefit most from RM10 billion worth of upcoming data centre contracts, according to Maybank Investment Bank (Maybank IB), despite concerns over new US AI chip export restrictions.

A notice to proceed has been issued to the main contractor of the Penang light rail transit (LRT) project to begin physical construction work on the first Mutiara Line.

• Freehold
• Built-up size: 624 sq ft
• Floor level: Mid
• 1 bedroom, 1 bathroom
• Semi-furnished
• Nearby amenities: The Exchange TRX Mall, Pavilion KL, Royal Selangor Golf Club, Prince Court Medical Centre, KL Tower
• Accessibility: MEX, Setiawangsa-Pantai Expressway, DUKE, Jalan Imbi, Jalan Bukit Bintang

When: March 2025

Avaland Bhd (KL:AVALAND) announced that Phase 1 of Avalon, comprising 166 units of Balinese-inspired double-storey homes located within its Cybersouth township development, is fully taken up.

Setia Federal Hill in Bangsar has been awarded the Leadership in Energy and Environmental Design for Neighbourhood Development (LEED ND) Platinum certification.

Noteworthy:

• Freehold
• Built-up size: 4,812 sq ft
• Floor level: High
• 5 bedrooms, 6 bathrooms
• Semi-furnished
• Nearby amenities: ParkCity Medical Centre, The Waterfront @ ParkCity, Plaza Arkadia, The International School @ ParkCity
• Accessibility: SPRINT-Damansara and Penchala Links, LDP, DUKE Highway, Jalan Desa Kiara, Jalan Segambut

April 2025

Luxchem Corp Bhd (KL:LUXCHEM) is acquiring five leasehold industrial lands in Mukim Kapar, Klang, for RM45.59 million in cash, as part of its strategy to optimise surplus cash reserves by investing in income-generating real estate assets.

YNH Property Bhd (KL:YNHPROP) on Tuesday terminated a development agreement with Chin Hin Group Property Bhd (KL:CHGP) for an apartment project in Segambut, Kuala Lumpur, and will instead sell the 6.49-acre parcel to Chin Hin via a direct land deal.