Paragon Globe sells Johor industrial land for RM64.47mil
Paragon Globe Bhd has agreed to dispose of a 5.45-hectare freehold industrial parcel in Tanjung Kupang, Johor, to GSP Automotive Malaysia Sdn. Bhd. for RM64.47 million.
Paragon Globe Bhd has agreed to dispose of a 5.45-hectare freehold industrial parcel in Tanjung Kupang, Johor, to GSP Automotive Malaysia Sdn. Bhd. for RM64.47 million.
Eastern & Oriental Bhd (E&O) reported a stronger set of results for the second quarter ended Sept 30, 2025 (2Q2025), with net profit rising 65.3% to RM50.24 million from RM30.39 million a year earlier.
IJM Corp Bhd posted higher revenue for its second quarter, although net profit slipped due to softer contributions from its property development and port operations.
Eastern & Oriental Bhd (E&O) has expanded its presence in the Klang Valley with the launch of its first clubhouse and a new commercial precinct within the City of Elmina in Shah Alam, Selangor.
The outlook for Malaysia’s industrial sector next year remains stable, supported by a steady pipeline of enquiries, though a slower momentum is expected compared to the past two years.
S P Setia Bhd is preparing for the launch of its latest premium residential phase, Casa D'Arcadia, within the arts-inspired township of Setia AlamImpian.
Industry experts and developers have urged closer coordination between government agencies, local councils, utility providers, and the private sector to strengthen Malaysia’s industrial development.
The Central Region Industrial Cluster Development Initiative aims to strengthen industrial ecosystems by deepening supply chains and supporting the growth of local enterprises, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Johor recorded the strongest property price growth in the third quarter of 2025 (3Q2025), driven by notable increases in both serviced apartment and landed home values compared with 2024.
“A comprehensive study covering legal, technical, and financial aspects is being conducted to ensure such initiatives can benefit the public without imposing additional fiscal strain on the government.”