Developers optimistic property sales will pick up, cautious about rising costs, industry survey shows
Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).
Eco World International achieves RM58m sales in first four months of FY2025, new launches on hold
On its outlook, EWI noted that while London faces a housing undersupply, high interest rates are slowing sales and pressuring prices.
IJM expands UK portfolio with Finsbury Circus acquisition for £72.5m
The property, located less than two minutes from Liverpool Street Station, is set for a £150 million sustainability-focused refurbishment, increasing its gross internal area by 26% to 378,000 sq ft, said IJM.
Exsim Hospitality secures RM13m interior design contract for D’Velada project in Bukit Jalil
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.
DONE DEAL: Bukit Bintang condo sold (Verticas Residensi)
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.
SUKE subcontractors file RM500m lawsuit against Prolintas subsidiary, alleging corruption and conspiracy
While some of the variation works were "acknowledged" and paid by Turnpike, Turnpike did not revise the contract price to reflect these variations, they said.
Glomac launches inaugural RM3b sukuk programme with Maybank
Glomac group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor said the programme would fortify the group’s financial reserves and enhance its ability to seize land banking opportunities.
Sunway signs master agreement for RM2.6b transit-oriented project in Johor, shares rise
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.
Pavilion REIT's 4Q net property income edges higher on stronger rental contributions from Pavilion Bukit Jalil
The REIT’s distributable income for 4QFY2024 stood at RM88.
DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur
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.
