News by Veishnawi Nehru

Buying a property in your 20s might sound like a distant goal, but experts point out that as the market evolves, the accessibility to own a property is better than in the past.

Chin Hin Group Property Bhd’s wholly owned subsidiary, BKG Development Sdn Bhd will enter into a joint venture with Fiamma Holdings Bhd to develop a RM1.03 billion mixed-use project near Kuala Lumpur City Centre (KLCC), named KLCC 2 Residence.

Paragon Globe Bhd’s wholly-owned subsidiary, PGB Landmark Sdn Bhd, is proposing to sell 3.531 acres of freehold land in Tanjung Kupang, Johor Bahru, to Buildcon Concrete Sdn Bhd for RM19.23 million for industrial development.

Ivory Properties Group Bhd has revoked its earlier agreements to sell a parcel of freehold land in Penang, after its subsidiary, Ivory Gleneary Sdn Bhd (IGSB) entered creditors’ voluntary liquidation.

Noteworthy:
● Freehold
● Built-up size: 5,500 sq ft
● Land size: 11,100 sq ft
● Unfurnished
● 6 bedrooms, 4 bathrooms
● Nearby amenities: Pavilion Damansara Heights, Kuala Lumpur Golf & Country Club, KPJ Damansara Specialist Hospital, HELP University
● Accessibility: SPRINT-Damansara and Kerinchi Links, LDP, Jalan Duta, Jalan Damansara

When: February 2025

EdgeProp is bringing conversations on housing, money, and modern city life to the forefront with Roots, Roofs and Money Moves, a two-day youth-focused event under Youth Fest, happening on the week end of April 19 and 20 at APW Bangsar.

Noteworthy:
● Leasehold
● Built-up size: 6,000 sq ft
● Land size: 7,535 sq ft
● Semi-furnished
● 5 bedrooms, 6 bathrooms
● Nearby amenities: Valencia Golf Resort, Sungai Buloh Hospital, IKEA Damansara, IGB International School (IGBIS)
● Accessibility: North-South Expressway, LDP, SPRINT - Damansara and Kerinchi Links, Jalan Kuala Selangor, Jalan Hospital

When: November 2024

The contracts were awarded by Exsim Kebun Teh Sdn Bhd and cover main building and external works for both developments. 

The contract was awarded by Persada Mentari Sdn Bhd, an indirect subsidiary of Eastern & Oriental Bhd (E&O).

DC Healthcare Holdings Bhd is acquiring a three-storey end-lot shoplot in Puchong, Selangor, for RM8 million to secure a permanent office space and reduce reliance on leased premises.