Many stakeholders and potential clients still view culture as a “nice to have”—only worth investing in after basic needs are met.

One Sentosa in Taman Sentosa, Johor Bahru, has secured more than 70% take-up for its first phase, Skyline (Eastside).

Eco World Development Group Bhd yesterday exchanged two Memoranda of Understanding (MOUs) with The Musashino Bank, Ltd. (Musashino Bank) and Bugin Regional Economic Research Institute Co, Ltd. (Bugin Institute), respectively.

Sunway City Sdn Bhd’s 100%-owned subsidiary, Sunway Iskandar Development Sdn Bhd (SIDSB), has made its first issuance of Tranche 1 Series 1 Sustainability medium-term notes (MTN) of RM230 million in nominal value under its MTN programme.

Epicon Bhd (KL:EPICON) is diversifying into property development by investing RM72.13 million to form a joint venture with NCT Alliance Bhd (KL:NCT) to undertake a terraced home project in Batang Kali.

KIP Real Estate Investment Trust’s (KL:KIPREIT) trustee, Pacific Trustees Bhd, has completed its acquisition of an industrial property in Bintulu, Sarawak, for a total purchase consideration of RM28.7 million.

OSK Holdings Bhd (KL:OSK) said the group is acquiring a 3.3-acre land in Subang Jaya from Tropicana Corp Bhd (KL:TROP) for RM44.34 million to develop serviced apartments.

Noteworthy:

• Leasehold
• Land size: 130,680 sq ft
• Nearby amenities: KPJ Kuala Selangor Specialist Hospital, SJK (C) Ijok, Taman Seri Ijok
• Accessibility: LATAR Expressway, West Coast Expressway

When: June 2025

Located at 333 St Kilda Road, the project comprises 78 residential units and three retail lots on a land area of about 2,000 sq m, 7km from the Melbourne central business district.

Building around the idea of a “landed mid-rise”, DaMai comprises a 17-storey block with 306 units ranging from 2,056 to 5,038 sq ft.