Advancecon Holdings Bhd announced that its wholly owned subsidiary Advancecon Infra Sdn Bhd (AISB) has bagged a RM27.3 million contract from Mujur Minat Sdn Bhd to carry out site clearing and earthworks construction (stage 1) for the Gamuda Gardens Park mixed development project in Rawang, Selangor.

RHB Investment Bank Bhd (RHB IB) has maintained its "overweight" rating of the construction sector, projecting an upswing in contract roll-outs throughout 2024.

Throughout 2023, EdgeProp has delivered numerous industry stories to ensure you stay well-versed and empowered in navigating the property landscape. Dive into the highlights below as we bid farewell to the passing year.

Gamuda Bhd’s Singapore branch (GBSG), an operating unit of the group, has secured a S$509.568 million (RM1.77 billion) design and construction contract for the West Coast station and tunnel.

Gamuda Land unveiled on Thursday, its first hotel project, ASAI Gamuda Cove. The hotel is part of the 1,530-acre Gamuda Cove township development in Selangor and will be managed by Dusit Hotels and Resorts, the hotel arm of Thailand-based hotel and property development company Dusit International.

The developer also bagged the sub-awards for Best Quantitative and Qualitative attributes, the first time a single company has won all three awards, scoring a hat-trick for Gamuda Land.

Gamuda Land on Thursday announced the topping off for Maya Bay Residences in Gamuda Cove in Kuala Langat, Selangor. It is also the first high-rise residential project of the 1,530-acre township development.

“We maintain our overweight stance on both the property and MREITs sector.”

Gamuda Land on Thursday signed memorandum of understanding (MOU) with 12 tenants for its upcoming Quayside Plaza in its twentyfive7 township development located in Telok Panglima Garang, Selangor.

The Deputy Minister of Local Government Development (KPKT) Akmal Nasrullah Mohd Nasir officially launched the Housing Integrated Management System (HIMS) at Gamuda Cove Experience Gallery yesterday, and introduced the new feature -- integration with the private housing developers with Gamuda Land Sdn Bhd being the first.