Glomac Bhd’s net profit fell 15.58% to RM13.92 million for its fourth quarter ended April 30, 2023 (4QFY2023), from RM16.49 million a year earlier, mainly due to higher expenses and finance costs.

Genting Malaysia Bhd (GenM) said the purported purchaser of its of its 15.5-acres of land in Miami has elected to end its current bid.

UEM Sunrise Bhd has partnered with Greystar Real Estate Partners, LLC to develop the first build-to-rent (BTR) project in the inner-Melbourne suburb of Collingwood.

EcoWorld International stated that it is on track to achieve its full year sales target of RM1.4 billion, with sales achieved of RM619 million plus reserves of RM299 million, totalling RM918 million in 7 months of FY2023.

Noteworthy:

• Built-up size: 5,000 sq ft
• Land size: 6,000 sq ft
• 5 bedrooms, 7 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, schools, Damansara City Mall, Bangsar Shopping Centre, MRT Semantan, MRT Pusat Bandar Damansara
• Accessibility: NPE highway, SPRINT highway

When: May 2023

Sime Darby Property Bhd recently launched the Servis Apartmen Mampu Milik (SAMM) homes at Serasi Residences in the Putra Heights township.

Coworking and flex space provider WORQ said its launch of WORQ Express at Alunan Resort in Pulau Perhentian, Terengganu, signifies its first step in countrywide expansion to provide workspaces and meeting facilities everywhere, including cities, suburbs and remote digital nomad hubs. 

Due to higher construction material prices, TCS Group Holdings Bhd has scrapped its plan to develop a condominium project, known as Arcadia, in Kuala Langat, Selangor.

Datuk Noorazman Abd Aziz is resigning from his post as chairman of UEM Sunrise Bhd from July 1, after he was redesignated to chairman of CTOS Digital Bhd on May 26.

Sunway Healthcare Group has unveiled its flagship senior living residence, Sunway Sanctuary in Bandar Sunway, Petaling Jaya, Selangor.