KUALA LUMPUR (Aug 14): Magna Prima Bhd (KL:MAGNA) said its wholly-owned unit Permata Juang (M) Sdn Bhd (PJSB) has entered into a rehabilitation agreement to take over and complete the stalled 8 Conlay mixed-use development in Kuala Lumpur, in a restructuring exercise capped at RM700 million.
KUALA LUMPUR (Aug 13): Property developer UOA Development Bhd (KL:UOADEV) has re-designated chairman Kong Pak Lim as its new managing director effective August 13.
SINGAPORE (Aug 12): For many Singaporeans, buying or selling a property is one of the most significant financial decisions they make.
PETALING JAYA (Aug 11): Malaysian property developer Armani Group plans to introduce selected developments to buyers and investors in Kazakhstan through business consultancy TBay and real estate agency Etagi.
PETALING JAYA (Aug 8): Penang should combine enforcement, technical guidance and financial assistance to improve the safety of ageing buildings in George Town, rather than relying on enforcement alone, state Tourism and Creative Economy Committee chairman Wong Hon Wai said.
PETALING JAYA (Aug 6): Penang will conduct a statewide assessment of the structural safety of heritage buildings following Tuesday's (Aug 4) incident on Armenian Street in George Town, where debris fell from a heritage shophouse and injured two Sri Lankan tourists.
KUALA LUMPUR (July 31): Two decades in Malaysia's property industry have been marked by significant shifts in market dynamics, digital adoption and changing consumer expectations, according to Tech Real founder Alex Lee, who said long-term relevance depends less on longevity than on the ability to adapt to evolving industry conditions.
KUALA LUMPUR (Aug 4): Magma Group Bhd (KL:MAGMA) property development arm Magma Property Sdn Bhd has launched its flagship mixed-development project, Wolo Hotel & Residences, Mont’Kiara KL, according to a press statement issued on Aug 3.
PETALING JAYA (July 31): Paragon Globe Bhd (PGB) is positioning itself to capitalise on Johor's next phase of growth, underpinned by the Johor-Singapore Special Economic Zone (JS-SEZ), the Johor Bahru-Singapore Rapid Transit System (RTS) Link, expanding industrial activity and rising demand for digital infrastructure and data centres, as it broadens its business beyond property development into a stronger recurring-income platform.
PETALING JAYA (July 29): Lagenda Properties Bhd has secured RM475 million through the inaugural issuance under its RM1.
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