News by M

IOI Properties Group Bhd (KL:IOIPG) announces that its IOI City Mall Phase 2 has received Certified Green Building Index (GBI) rating under the Non-Residential New Construction: Retail (NRNC: Retail) category, making it the largest mall in Malaysia to obtain GBI certification to date.

Kwasa Land Sdn Bhd, the master developer of Kwasa Damansara, is partnering with Educ8 Group to develop an education facility spanning 11.6 acres in Kwasa Damansara, Selangor.

Radium Development Bhd aims to make quality, private healthcare more accessible to tier two towns and communities in Melaka.

There are two neighborhoods that share the space of Petaling Jaya’s SS20: Damansara Utama and Damansara Kim.

“As land in Klang Valley becomes scarcer, investors and business owners should seize the opportunity to buy industrial property as soon as possible to avoid future business expansion costs,” said The Roof Realty Sdn Bhd senior negotiator KC Lim.

Al-Aqar Healthcare Real Estate Investment Trust (Al-Aqar REIT) (KL:ALAQAR) reported a 3.7% decline in net income to RM15.80 million for the first quarter ended March 31, 2025 (1QFY2025), compared to RM16.41 million in the same period last year, primarily due to a loss of income from the disposal of the Damai Care & Wellness Centre and higher manager's fees.

Titijaya Land Bhd (KL:TITIJAYA) has proposed the acquisition of two properties located adjacent to Universiti Malaysia Sabah (UMS) in Kota Kinabalu for a total of RM105 million.

Kerjaya Prospek Group Bhd (KL:KERJAYA) on Monday said it will be acquiring a 49% stake in Aspen Vision Land Sdn Bhd (AVL) for RM98 million, as the property developer intends to co-develop Aspen Vision City in Batu Kawan, Penang.

IJM Land and Amona officiated the groundbreaking of the Urban Park at Taman Rimba Bukit Kerinchi, the first step in Pantai Sentral Park’s development, with the park expected to be completed by year-end.

UEM Sunrise Bhd has named its flagship project in Subiaco East, Perth, Western Australia as One Oval.