News about S

PETALING JAYA (April 30): The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

KUALA LUMPUR (April 30): Construction and property firm Bina Puri Holdings Bhd (KL:BPURI) is extending its financial year again, now combining nearly two years of results into a 23-month reporting period by switching to a May year-end.

The Troika, Kuala Lumpur condo unit sold for RM2.

PETALING JAYA (April 29): Real estate agency Polygon Properties marked its ninth anniversary with its Globe Gala Night on April 17 at Galaxy Banquet Hall in Sentul, bringing together 500 guests for a cross-cultural themed celebration.

PETALING JAYA (April 29): Axis Real Estate Investment Trust (Axis-REIT) posted a stronger first quarter, with net income rising 8.

PETALING JAYA (April 29): UOA Real Estate Investment Trust's (UOA REIT) proposed acquisition of three commercial properties for RM200 million has been called off after unitholders voted against the deal at an adjourned unitholders' meeting held today.

PETALING JAYA (April 29): KHPT Holdings Bhd's soon-to-be-acquired subsidiary, Ngai Cheong Metal Industries Sdn Bhd (NCMI), has entered into a 10-year lease for a factory complex in Puchong, Selangor, at an initial annual rental of RM1.

KUALA LUMPUR (April 29): Kuala Lumpur's residential property market recorded steady quarterly growth throughout 2025, with each successive quarter surpassing the previous, culminating in the strongest performance since 2021.

PETALING JAYA (April 29): Real estate agency Wereg Properties recorded a 50% to 100% increase in sales revenue over the past year, marking a significant milestone in its growth trajectory.

PETALING JAYA (April 28): The Forest City Special Financial Zone (SFZ) is well-positioned to draw global investors seeking stability, as geopolitical tensions in West Asia push ultra-high-net-worth individuals to reposition assets into safer jurisdictions.