News by Veishnawi Nehru

Second Home Plan (MM2H) Sdn Bhd has been launched as a one-stop relocation platform to help foreign nationals to buy homes in Malaysia through the Malaysia My Second Home (MM2H) programme.

Noteworthy:

• Freehold
• Built-up size: 678 sq ft
• 1 bathroom
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, Publika Shopping Gallery, Mont’Kiara International School, Global Doctors Hospital
• Accessibility: SPRINT-Damansara and Penchala links, LDP, DUKE, NKVE

When: December 2024

Noteworthy:

• Freehold
• Land size: 1,800 sq ft
• 4 bedrooms, 2 bathrooms
• Unfurnished
• Nearby amenities: IOI Mall Kulai, SMK Bandar Putra, Temenggong Seri Maharaja Tun Ibrahim Hospital, Palm Resort Golf & Country Club
• Accessibility: Senai-Desaru Expressway, North South Expressway, Jalan Gemilang Utama, Lebuh Putra Utama

When: November 2024

The acquisitions include a freehold plot of 910.51 sq m for RM7.6 million, a leasehold plot of 286 sq m for RM2.6 million, and another freehold plot of 1,241.84 sq m for RM7.2 million.

HHRG Bhd’s subsidiary, Open Road (East Coast) Sdn Bhd (OREC), has signed deals worth RM13 million and secured the right to acquire up to 51% of property developer Udaran Sdn Bhd as part of a mixed-use project in Kuala Terengganu.

Noteworthy:

• Freehold
• Land size: 8,880 sq ft
• Nearby amenities: Pavilion Damansara Heights, KPJ Damansara Specialist Hospital, Cempaka International School, Kuala Lumpur Golf Country & Club
• Accessibility: SPRINT-Damansara and Penchala links, LDP, DUKE Highway, Jalan Medan, Jalan Semantan

When: December 2024

Noteworthy:

• Freehold
• Built-up size: 2,928 sq ft
• Floor level: High
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: ParkCity Medical Centre, The Central Park, The Waterfront @ ParkCity, The International School @ ParkCity
• Accessibility: SPRINT-Damansara and Penchala links, LDP,  DUKE Highway, Jalan Desa Kiara, Jalan Segambut

When: January 2025

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 reported a net profit of RM20.49 million for the quarter ended March 31, 2025 (1QFY25), more than double (150.51%) the RM8.18 million recorded a year ago, driven by higher revenue and lower finance costs.

Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd, has secured a RM47.5 million subcontract from Mujur Minat Sdn Bhd for the construction and completion of the proposed Gerbil Data Centre in Bandar Springhill, Port Dickson.