News by M

Axis Real Estate Investment Trust (KL:AXREIT) is selling a warehouse property in Petaling Jaya, called The Annex, for RM24.2 million.

Chin Hin Group Property Bhd (KL:CHGP) is planning a bonus share issue, its first in nearly two decades, despite a sharp drop in net profit in the final quarter of 2024.

Noteworthy:

• Freehold
• Built-up size: 1,103 sq ft
• Floor level: Low
• Fully furnished
• 2 bedrooms, 2 bathrooms
• Nearby amenities: Sunway 163 Mall, 1 Mont Kiara, Plaza Mont’Kiara, Mont Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinichi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

When: January 2025

Sime Darby Property Bhd delivered its strongest financial and operational performance to date, marking its third consecutive year of record revenue, profitability and sales performance.

EXAL Group has partnered with Solarvest Holdings Bhd to bring clean energy infrastructures to EXAL’s architectural developments in Sarawak.

Malaysia’s property transaction value surged 18% to RM232.30 billion in 2024, the highest annual figure in a decade, latest data from the Valuation and Property Services Department showed.

Homebuyers searching for properties in the Federal Territory of Kuala Lumpur (KL FT) can look forward to a robust supply of affordable high-rises between 2025 and 2028, especially in the northern regions of the city.

Eco World Development Group Bhd (KL:ECOWLD) said on Tuesday it has signed agreements to sell a land for RM266.1 million and build a data centre on another land to be leased to Pearl Computing Malaysia Sdn Bhd, an affiliate of Google.

OCR Group Bhd (KL:OCR) has launched the first phase of its latest high-rise residential development named Kyra Collection in U9 Shah Alam, Selangor

Telekom Malaysia Bhd (KL:TM) expects the second phase of its data centres in Cyberjaya and Iskandar Puteri, Johor, to achieve commercial operation in the third quarter of 2025 (3Q2025).