The first phase of Arena Residences, the latest residential development in the 206-acre Warisan Puteri in Sepang, is now open for sale, according to IOI Properties Group Bhd chief executive officer Datuk Voon Tin Yow.

“Our astounding installation tells the story of tradition and heritage, and that traditional things like the Chinese Calligraphy installation, are not old fashioned.”

A joint venture (JV) of JAKS Resources Bhd is filing an application to stay and set aside the adjudication decision to pay RM11.49 million to GUH Holdings Bhd's unit, plus other interests, costs and adjudicator's fees, following the termination of a work contract.

Ireka Corp Bhd is giving a profit warning that its financials are expected to be dragged by the huge losses in its wholly-owned unit Ireka Engineering & Construction Sdn Bhd (IECSB) in the current third financial quarter ending March 31, 2023 (3QFY2023).

Malaysia Building Society Bhd (MBSB) said its chairman Tan Sri Azlan Zainol, who was also former Employees Provident Fund (EPF) chief executive officer, has passed away.

Rehda Institute — the research, education and training arm of the Real Estate and Housing Developers’ Association (Rehda) — is seeking ways to mitigate high compliance costs as discussed at a roundtable session titled Rehda Institute Housing Forward Roundtable: Cost of Doing Business 2023 on Thursday (Jan 12).

Potential homebuyers will enjoy stamp duty and Memorandum of Transfer exemptions with the purchase of selected Sime Darby Property homes.

A total of 135 Orang Asli Seletar families from two different villages on Thursday (Jan 12) agreed to record a consent order in the Court of Appeal with developers, the Johor government and the Federal Government, which would see them not only being compensated monetarily, but 85 of them being resettled on a 45-acre (18.21-hectare) alienated gazetted land.

Pesona Metro said its wholly owned subsidiary Pesona Metro Sdn Bhd has secured a contract from property developer Land Market Sdn Bhd to build a two-block 44-storey condominium in Mon't Kiara, Kuala Lumpur.

Raja Nazirin Shah Raja Mohamad has been appointed as the chief executive officer of Al-`Aqar Healthcare REIT and Al-Salam Real Estate Investment Trust (REIT) effective from Wednesday (Jan 11).