Matang Bhd is buying property assets from Star Media Group Bhd for RM33 million as part of its plan to diversify its business into property investment.

“From the Sabah state government’s perspective, I think the programme makes all sense to them. The programme requirements are not difficult to achieve, but the only question is, how many of these potential foreigners are interested in Sabah as a second home?”

Bina Darulaman Bhd, through its unit BDB Infra Sdn Bhd, has been awarded a RM34.08 million contract by the Ministry of Agriculture and Food Security to develop a tertiary irrigation system in Kedah and Perlis.

Penang-based property developer Ivory Properties Group Bhd has appointed Messrs UHY as the company’s new auditor following the resignation of Messrs KPMG PLT.

To turn your property hunting experience from the latter to the former, check out these six tips from two of EdgeProp’s PRO Agents to arm yourself with the right mindset and steps to net the desired asset – be it for own-stay or investment returns.

Rahim & Co International Sdn Bhd states that as a continuation of 2022 having had more progress, residential and industrial property sub-sectors have shown signs of positive growth while others are poised to follow suit but at a slower pace. This was revealed at the launch of Rahim & Co’s Property Market Review 2022/2023 report on Thursday (Feb 9).

The MOU aims to escalate efforts in pooling together ideas, resources and ecosystem partners to do more in making the city liveable, sustainable and prosperous, together.

Maybank Investment Banking Group (Maybank IBG) viewed UEM Sunrise Bhd's unsuccessful acquisition of a freehold parcel of land along Jalan Semarak in the Kuala Lumpur city centre as a positive, as the deal would have led to its involvement in the highly competitive and over-supplied retail, office and hotel segments of the property market.

Ingenieur Gudang Bhd is buying a firm that has acquired the interest in 164 units of retail lots in a commercial complex in Pandan Perdana.

Noteworthy:

• Freehold
• Land size: 69,471 sq ft
• Unfurnished
• Nearby amenities : convenience stores, schools, hospitals, Batang Benar KTM Station, KTM Nilai
• Accessibility : PLUS Highway, Kajang-Seremban Highway (LEKAS), ELITE highway

When: December 2022