Matrix Concepts’ second project in Klang Valley 30% sold; awards 19 units to Malaysia Women Basketball team
With a gross development value of RM520 million and spans across 4.
Penang Chinese Chamber of Commerce questions PDC’s sale of 559-acre land to Umech Construction at ‘below market’ price
The industrial land in BKIP2 was made available on the open market in May for RM80 per square foot, with parcels as small as five acres each.
Kimlun secures two construction contracts worth RM140.22m in Johor
The group will also undertake the construction of 148 linked houses and accompanying ancillary structures, with an anticipated completion date of April 1, 2025.
Sunsuria unit gets RM120m boost with OCBC Bank credit facility
It is worth noting that the provision of financial assistance is a related party transaction as Sunsuria KL Sdn Bhd (SKLSB) owns 16% equity interest in BHPDSB and Suez Capital Sdn Bhd (Suez) owns another 29.
MRCB Land’s Tujuh Residences apartment in Kwasa Damansara now open for preview
Tujuh Residences will be a 29-storey apartment tower, comprising 573 units.
UEM Sunrise issues RM350 mil in Islamic medium-term notes
The property developer issued the new IMTNs in two tranches: a RM200 million first tranche with a five-year tenure and a RM150 million second tranche with a seven-year tenure.
Sunway ceases to be substantial shareholder of IJM
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.
Phase 1 of Sime Darby Property’s Suasana Ainsdale project achieves 72% take-up
The homes come with four bedrooms and three bathrooms, with built-up areas ranging from 1,756 to 2,002 sq ft and prices starting from RM619,888.
UEM Sunrise partners UM to improve water quality of Kepong Metropolitan Park’s lake
The water quality evaluation was necessary to activate Kiara Bay's waterfront development within the integrated township, ensuring a safe and pleasant environment for the community's enjoyment and activation of various water activities.
Money laundering and property — real estate agents should be on the ‘alert’, say experts
“Real estate agents are reporting institutions, which have obligations to carry out, among others, customer due diligence measures if there is reasonable suspicion of the commission of a money laundering offence or a terrorism financing offence.
