Singapore’s first wellness-focused serviced residence opens for soft launch
Cover Projects has commenced the soft launch of The Initial Sama, a wellness-focused serviced residence located at 26 Evans Road, Singapore.
Paramount launches sustainable township Embun Hills in Bukit Mertajam
Paramount Property has officially launched Paramount Embun Hills, a 69.2-acre freehold, gated-and-guarded township in Bukit Mertajam, marking its third development in Penang.
Tanco formalises land deal for Port Dickson Free Zone, sets stage for phased development
Tanco Holdings Bhd (KL:TANCO) has entered into a supplemental agreement with Menteri Besar Negeri Sembilan (Inc) (MBINS) to formalise the acquisition structure and financing arrangements for the Port Dickson Free Zone (PDFZ).
Axis REIT acquires warehouse in Port Klang for RM80m
Axis Real Estate Investment Trust (KL:AXREIT) has proposed to acquire a warehouse in Port Klang for RM80 million in cash.
HCK Capital acquires two plots of land in Selangor for RM38.6m
HCK Capital Group Bhd (KL:HCK) is acquiring two parcels of freehold land from Bandar Setia Alam Sdn Bhd for a combined RM38.64 million in cash.
IJM Land taps Samsung for smart, sustainable living push
IJM Land Bhd has partnered with Samsung Malaysia Electronics to incorporate smart home technologies across its existing and soon-to-be-completed residential developments, underscoring the property developer’s ambition to shape future-ready, sustainable townships.
Govt finalising talks to complete long-stalled MEX II project, says works minister
The government is in the midst of finalising discussions with the receivers and managers of MEX II Sdn Bhd to determine the best solution for completing the stalled Maju Expressway extension (MEX II) project, according to Works Minister Datuk Seri Alexander Nanta Linggi.
Chin Hin divests steel wire products unit for RM70 mil, to pocket RM6.1 mil gain
Chin Hin Group Bhd (KL:CHINHIN) is disposing of its subsidiary Metex Steel Sdn Bhd, which specialises in steel welded mesh and wire products, for RM70 million. The all-cash transaction is expected to yield a gain of RM6.1 million for the group.
Hotel operator Avillion's auditor flags going concern uncertainty
Avillion Bhd (KL:AVI) on Thursday said it external auditor has flagged uncertainty over the hotel operator's ability to continue as a going concern in the group’s audited financial statements for the year ended March 31, 2025 (FY2025).
Hong Leong Bank chairman Quek Leng Chan no longer substantial unitholder of AME REIT
Tycoon Tan Sri Quek Leng Chan is no longer a substantial unitholder of AME Real Estate Investment Trust (KL:AMEREIT) following the disposal of 5.5 million units, equivalent to a 1.04% stake, by his investment vehicle Hong Leong Assurance Bhd (HLA).
