News about Sunway

The strong quarterly performance also boosted its nine-month results to a record high, with net profit more than doubling to RM243.

The group said its wholly-owned subsidiary, Kar Sin Bhd, has signed a new supplemental agreement with Sunway's unit, Sunway Living Space Sdn Bhd, as well as the registered proprietor, Imbuhan Sempurna Sdn Bhd, and the first beneficial owner, Great Wall Park Sdn Bhd.

Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.

The new entity currently has nine ongoing residential developments in Singapore, comprising 4,937 units with an attributable gross development value (GDV) of S$4.

This marks the first time a developer-led township has received Platinum recognition in a programme traditionally reserved for local councils and government agencies.

Apart from a dedicated Cancer and Nuclear Medicine Centre, the hospital is home to six Centres of Excellence, covering Cardiology, Orthopaedic, Neurosciences, Clinical Oncology, Women & Children’s Health (including NICU And Neonatology), and Digestive Health.

Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.

Under the acquisition, Sunway will assume ownership of MCL Land and its subsidiaries, including ongoing development projects in Singapore and a portfolio of income-generating and development assets in Malaysia.

Elmina Business Park, Selangor factory rented for RM36k | DONE DEAL Jaya One, Selangor office rented for RM5.

Partnership with Alliance Bank pioneers sustainable financing model for township development.