Property developer Paramount Corp Bhd's (KL:PARAMON) net profit surged 87.2% to RM14.4 million in the first quarter ended March 31, 2025 (1QFY2025) from RM7.71 million a year earlier, primarily driven by the improvement in the property segment.

SkyWorld Development Bhd (KL:SKYWLD) reported a 20% drop in net profit to RM16.4 million for the fourth quarter ended March 31, 2025 (4QFY2025), mainly due to lower revenue from two completed projects—EdgeWood Residences and SkyVogue Residences.

Tropicana Metropark recently welcomed upscale grocers Mercato as its anchor tenant covering 21,069 sq ft at SouthPlace Shoppes here.

TA Global Bhd held a groundbreaking ceremony on Friday to mark the start of superstructure construction for its CloutHaus project in Kuala Lumpur City Centre (KLCC).

JLand Group (JLG), the real estate and infrastructure arm of Johor Corporation (JCorp), and Eco World International Berhad (EWI), today signed a framework agreement to explore joint real estate development opportunities in Malaysia and Australia.

Sunway PKNS Sdn Bhd has celebrated the topping-off of both 45-storey towers at Sunway d’hill Residences, with grocer Mercato confirmed as anchor tenant for the development’s retail component.

AME Elite Consortium Bhd (KL:AME) has proposed to provide up to RM100 million in financial assistance to Suling Hill Development Sdn Bhd, a 50%-owned jointly controlled entity of its wholly owned subsidiary Northern Industrial Park Sdn Bhd.

Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.5 million job from Sime Darby Property (Lagong) Sdn Bhd, to carry out earthworks and related works for Stage 1 (Package 2) at Lagong Mas in Gombak, Selangor.

UEM Sunrise Bhd reported a net profit of RM20.49 million for the quarter ended March 31, 2025 (1QFY25), more than double (150.51%) the RM8.18 million recorded a year ago, driven by higher revenue and lower finance costs.

Radium Development Bhd recorded revenue of RM40 million the first quarter of the financial year ending 2025 (1QFYE2025), an increase of 45.3% compared to RM27.5 million in the same period last year.