ACE Market-listed KTI Landmark Bhd (KL:KTI) is exploring a potential affordable housing project in Kota Kinabalu, Sabah, to be jointly developed with a state government agency.

Gamuda Land’s leisure and hospitality arm, GL Play, began a new year of fun and prosperity with the Bloom Boom Pow campaign, recently held at Gamuda Luge Gardens here.

Taghill Holdings Bhd’s (KL:TAGHILL) said it has secured a RM58 million contract for construction work on an 18-storey commercial complex in Ipoh.

Data centre-related stocks and proxies to artificial intelligence (AI) on Bursa Malaysia rebounded on Tuesday, driven by expectations of gradual approach to tariff policies by the new Donald Trump’s US administration.

YNH Property Bhd (KL:YNHPROP) is disposing of a two-storey shopping centre, AEON Mall Seri Manjung in Perak, to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million. 

KIP Real Estate Investment Trust (KL:KIPREIT) posted a 28.9% rise in net property income (NPI) for the second quarter on better performance of its malls, bolstered by newly acquired retail assets, Cyberjaya mall D’Pulze and Perak hypermarket TF Value.

UOA Real Estate Investment Trust (KL:UOAREIT) posted a 8.55% increase in net rental income for the fourth quarter on improved occupancy.

Noteworthy:

• Leasehold
• Built-up size: 5,688 sq ft
• 6 bedrooms, 7 bathrooms
• Semi-furnished
• Nearby amenities: Pavilion Bukit Jalil, Alice Smith School, Taman Puncak Jalil Recreation Park, Taylor’s University Lakeside Campus, National Stadium Bukit Jalil
• Accessibility: Lebuhraya Bukit Jalil, KESAS, MEX, LDP, Sungai Besi Expressway, SUKE

When: August 2024

The new project marks Mah Sing’s third development in Sentul and is estimated to carry a GDV of RM283 million.

The research house said this growth could position Johor to attain “high-income” status, driven by its strong GDP growth and population expansion.