Expressions of interest will now only close on Jan 31 and closing of submissions have been extended until March 20.

S P Setia is rewarding homebuyers with up to RM28,888 worth of gifts up for grabs when purchasing selected properties this Lunar New Year. A free Touch N Go enhanced card and RFID card will also be given away when purchasing an S P Setia property from Jan 1 to March 31, while stocks last.

Noteworthy:

• Freehold
• Built-up size: 3,300 sq ft
• Land size: 2,680 sq ft
• 5 bedrooms, 5 bathrooms
• Unfurnished
• Nearby amenities: Gem-In Mall, Tamarind Square, D’Pulze Shopping Centre, schools, Multimedia University
• Accessibility: ELITE highway, Federal highway

December 2022

Binasat Communications Bhd’s unit has secured an RM18.36 million subcontract work to build a large scale solar photovoltaic facility in Selangor for Fabulous Sunview Sdn Bhd, a wholly-owned unit of newly-listed Sunview Group Bhd.

Reservoir Link Energy Bhd said its unit has clinched an engineering, procurement, construction and commissioning (EPCC) project from Solarvest Holding Bhd for an expected value of RM16.6 million upon completion.

KIP Real Estate Investment Trust’s (KIP REIT) net property income rose 5.35% to  RM15.15 million for the second quarter ended Dec 31, 2022 (2QFY2023), from RM14.38 million a year earlier, contributed by 18 days of lease income from its three newly acquired industrial properties in Pulau Indah.

Sunway Construction Group Bhd (SunCon) has won a RM218.76 million contract to build a 50 MW photovoltaic plant in Kampar district in Perak.

Johor Corporation (JCorp), via its property arm JLand Group Sdn Bhd (JLG), has announced in a press release on Tuesday (Jan 17), JLand’s core businesses encompassing four strategic business pillars, namely real estate development, asset lifecycle management, real estate investment, and infrastructure and utilities.

MCT announced that the group has successfully launched four projects in 2022.

Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting this coming Thursday, reversing the Covid-induced rate cuts.