Perak Corp refutes claims of land losses due to unpaid rent
In a bourse filing, the Practice Note 17 (PN17) company stated that when the land confiscation occurred, Perak Corp had already derecognised the assets and liabilities of its wholly owned subsidiary PCB Development Sdn Bhd and PCB Development’s 51%-owned subsidiary Animation Theme Park Sdn Bhd from the consolidated statement of financial position as of Dec 20, 2021.
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor
DONE DEAL: Terrace house, Bukit Jelutong, Selangor DONE DEAL: Semidee, Damansara Perdana, Selangor Average transacted prices for landed residential properties in Seri Kembangan have decreased by 7.
UEM Sunrise sells remaining 40% stake in Johor unit to KLK for RM386.2 mil cash
UEM Sunrise is expected to recognise a net disposal gain of RM32 million.
Urban Redevelopment Act forum: Don’t wage war between ‘sell’ and ‘stay’ homeowners
Zamirzan also said that the URA will consider redevelopments for sick and abandoned projects, where homebuyers only have the sale and purchase agreements but not their strata titles.
Tropicana Corp partners Samsung to offer AI home appliances in upcoming developments
The home appliances will be sourced from Samsung’s Bespoke AI collection, including refrigerators, washers, air conditioners and vacuums, according to a press statement on Thursday.
Avaland officially launches Aetas Seputeh with 50% take-up
With a gross development value of RM504 million, Aetas Seputeh comprises 126 units in two towers — a 46-storey Tower A and 38-storey Tower B — and occupies a 1.
UEM Sunrise to sell Johor land for RM144.9m to data centre company
"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.
Malaysian property agencies can expand globally through digital platforms — MDEC
MDEC senior vice president and head of digital export Gopi Ganesalingam outlined MDEC's GAIN (Gateway, Amplification, Investor, Nurturing) initiative, which provides support for companies venturing globally.