Penang-based property developer M Summit Group is set to launch next month two new mixed-development projects, with a combined gross development value (GDV) of RM85 million.

Malaysian real estate investment trusts (REITs) have had a stable ride over the past year as they are viewed as a preferred safe haven amid the current market volatility. Today, many of them are trading above their initial public offering prices.

Putrajaya Ventures Sdn Bhd (PVSB), a unit of Petroliam Nasional Bhd (Petronas), is in talks with potential partners to participate in the planned development of the former French Embassy site in Jalan Ampang.

Time to look for investment opportunities as the price of properties and other investment assets become cheaper.

The mall was previously known as Kuala Lumpur International Outlet (KLIO) but the name has been changed as there was much confusion with KLIA and KLIA 2.

Sebana Cove Resort is a 1,188-acre resort township where residential and commercial components are cohesively planned alongside a resort with a private marina and an 18-hole golf course, said IJM Corp.

Ekovest said its wholly-owned subsidiary Ekovest Construction Sdn Bhd has entered into a JV and shareholders agreement with Samling Resources for the proposed project.

KSH Holdings announced on Friday that its indirect 22.5% owned joint venture company, Sino-Singapore KAP Construction Co has amended the scope of its business activities.

OCR said the MoU will pave the way for the two parties to establish a basis of cooperation and collaboration in building two in-campus students accommodation by way of build-operate-transfer concept for 4,200 students.

This is expected to bring the group a net gain on disposal of about RM47.78 million, based on the net carrying value of Talam Transform's investment in the Chinese unit, Jilin Province Maxcourt Hotel Ltd