News about US

PETALING JAYA (April 1): Boustead Heavy Industries Corp Bhd (BHIC) is disposing of three adjoining parcels of mixed industrial and building land in Penang for a total cash consideration of RM28 million.

PETALING JAYA (April 1): NCT Alliance Bhd is expanding its flagship NCT Smart Industrial Park (NSIP) in Kuala Langat through a RM53 million subscription that will secure control of 176.

KUALA LUMPUR (April 1): Citaglobal Bhd (KL:CITAGLB) has secured a RM150 million contract from Malaysia’s Public Works Department (JKR) to design and build military family housing at a key naval base in Sabah.

PETALING JAYA (March 30): Malaysia’s Ministry of Housing and Local Government (KPKT) is proposing the establishment of a Malaysia–Cambridge Urban Platform, signalling a push to formalise international collaboration in urban planning and housing policy as the government aligns development priorities with the MADANI economic framework and Sustainable Development Goals (SDGs).

KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.

PETALING JAYA (March 26): When Heineken NV announced last week that its Singapore unit would phase down large-scale brewing in favour of a regional logistics and innovation hub, the headlines focused on export projections and analyst commentary.

Kemensah Residency, Selangor bungalow sold for RM3.

SINGAPORE (March 10): A penthouse at Aman Residences Dubai, a luxury residential development in the Jumeirah Peninsula in the UAE, was sold for AED422 million (RM452.

Despite changing lifestyles, one housing preference among young Malaysian families appears remarkably consistent: the aspiration to live in modern, well-designed communities.

  PETALING JAYA (March 17): The Real Estate and Housing Developers’ Association (Rehda) Institute will lead a delegation of Malaysian industry leaders on a study mission to the UK from March 19 to 25.