Sime Darby Property Bhd (KL:SIMEPROP) expects a higher occupancy rate for Phase 3B of Battersea Power Station in the UK at between 50% and 80% by next year, from 20% currently.

Sime Darby Property Bhd (KL:SIMEPROP) said on Friday that it is pursuing an "aggressive plan" for data centre development.

S P Setia Bhd (KL:SPSETIA) said on Friday Datuk Choong Kai Wai remains as the president and chief executive officer of the state-owned property developer.

Radium Development Bhd recorded revenue of RM30.6 million, a growth of 9.7% for 2QFYE2024, compared to RM27.9 million in the preceding corresponding quarter a year ago.

Construction firm Kerjaya Prospek Group Bhd's (KL:KERJAYA) unit is suing Apple 99 Development Sdn Bhd, a wholly owned subsidiary of Yong Tai Bhd (KL:YONGTAI), over an alleged failure to pay an outstanding contract sum of RM105.14 million.

PropNex Malaysia will be showcasing seven homes in the Klang Valley in its open house this weekend (Aug 24 and 25).

S P Setia Bhd received the coveted Top Developer Award 2024 (with equivalent ranking among the other winners) at the BCI Asia Awards, at its gala dinner held at the Mayang Sari Ballroom, JW Marriot Hotel Kuala Lumpur on August 16.

LBS Bina Group Bhd (KL:LBS) said its second quarter net profit rose 4.9% to RM34.64 million  from RM33.01 million a year ago, boosted by contributions from its key property development projects.

The property market is poised to strengthen in 2025 due to the potential of increased affordability, amid the proposed Madani Deposit initiative and related proposals in Budget 2025, said BIMB Securities.

UEM Sunrise Bhd achieved revenue of RM205.2 million and a sales achievement of RM269.8 million for the second quarter of 2024 (2Q2024) ended June 30, 2024.