News by Rachel Chew

With a gross development value of RM128 million, Sunway Dora comprises 156 condominium units and 22 commercial shops. 

KITA Bestari comprises three property types — 413 single storey terraced houses, 76 double storey houses and 328 townhouses.

Sunsuria Bhd has launched Sunsuria Care, a community-driven initiative, in a bid to provide basic medical services and support to its community. The maiden project of the initiative is Sunsuria Care Hub, which is located at the Sunsuria City Celebration Centre in Sepang.

Eastern & Oriental Bhd (E&O) is set to launch the second project on its 760-acre Andaman island master plan in Penang, following the success of the first residential launch — The Meg.

Tropicana Corp Bhd announced that its ongoing project Tropicana Miyu in Petaling Jaya, Selangor is fully sold. The condominium project was launched in September 2020 and slated for completion in August 2024.

Spanish hotel chain Meliá Hotels International is expanding its INNSiDE brand in Asia with the opening of two new INNSiDE hotels in Kuala Lumpur and Bangkok respectively.

Under the MOU, MBAM and CCIWC will work together to advise both members on reducing legal disputes by using mediation as a better alternative to resolve construction disputes.

Given the influx of new industrial property supply in the pipeline, JLL Property Services (Malaysia) Sdn Bhd foresees moderate market growth in 2023 while keeping its resilience as an asset class.

MCT announced that the group has successfully launched four projects in 2022.

The property consultant firm reckons that the residential property market is expected to face some headwinds and challenging conditions in 2023.