News about IT

Under the contract, Exsim Concepto will serve as the nominated sub-contractor for interior design works covering common areas and unit carpentry for the 42-level serviced apartment, which features 508 residential units, three strata shop units, and various facilities.

The acquisition brings Hektar REIT’s portfolio to eight properties, which currently include shopping malls and an educational facility.

“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.

As the first Crowne Plaza in Penang, the 23-storey, five-star waterfront hotel features 343 rooms and suites, catering to increased business travel and foreign investment activity in the northern state.

DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Average transacted prices for non-landed properties in Bukit Bintang saw a 23% decrease between 2023 and 2024.

This relaunch marks Windsor Collection’s first foray in Malaysia and reflects the company’s commitment to enhancing urban living through quality design, curated facilities, and active community-building initiatives.

The transit-oriented project, adjacent to the Bukit Chargar station under the Johor Bahru–Singapore Rapid Transit System (RTS), involves the development of four residential and commercial towers, Sunway said in an exchange filing.

The REIT’s distributable income for 4QFY2024 stood at RM88.

DONE DEAL: Bungalow, Ledang Heights, Nusajaya, Johor DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur In terms of income demographics, Bukit Bintang has 39.

The business will provide IJM Corp with recurring income once operations commence in the first quarter of 2027, said its chief executive officer Datuk Lee Chun Fai.